Bao Er Ye’s confidence is hard for ordinary people to replicate
Bao Er Ye is a typical crypto insider who has benefited from the system, with an astonishingly low cost basis for his BTC holdings.
He achieved financial freedom long ago.
For him, if Bitcoin reaches $1 million in 10 years, it would just be icing on the cake.
Even if the market plunged 80%, it wouldn’t affect his current quality of life at all.
When ordinary people hear big players talk about a long-term bull market, it’s easy to overlook the most important caveat:
Their cost bases are different, and their ability to withstand risk varies enormously.
Big players can hold on through bull and bear cycles, while ordinary people who are heavily invested may be forced out by a major drawdown.
Someone else’s conviction may not be right for your portfolio.
Don’t make decisions by simply copying the views of big players—everyone has a completely different hand to play.
$BTC
Bao Er Ye is a typical crypto insider who has benefited from the system, with an astonishingly low cost basis for his BTC holdings.
He achieved financial freedom long ago.
For him, if Bitcoin reaches $1 million in 10 years, it would just be icing on the cake.
Even if the market plunged 80%, it wouldn’t affect his current quality of life at all.
When ordinary people hear big players talk about a long-term bull market, it’s easy to overlook the most important caveat:
Their cost bases are different, and their ability to withstand risk varies enormously.
Big players can hold on through bull and bear cycles, while ordinary people who are heavily invested may be forced out by a major drawdown.
Someone else’s conviction may not be right for your portfolio.
Don’t make decisions by simply copying the views of big players—everyone has a completely different hand to play.
$BTC