Bitcoin: The fastest-moving asset for ordinary people
Recently, I saw an article published by the author Cai Leilei "How long can Bitcoin go up?" ", the article lists 8 analysis on the price of Bitcoin, after reading it, I feel that it is necessary to share with readers some of the points that touched me deeply.
1. Bitcoin is the fastest-growing asset for ordinary people.
2. Everyone should save some bitcoins.
From my own experience, looking back at the rate of return I have gained in various investment markets over the years, there is no doubt that digital currency is the highest, and it has repeatedly exceeded my imagination.
Let's just say the most recent time. I still remember what I wrote in my article last year: I estimate that because there is no event such as ICO as a catalyst in this round of bull market, the price that Bitcoin can reach is about 20,000 to 50,000 US dollars, and it will probably reach this price by the end of this year.
The result was unexpected. At the end of 2020, Bitcoin exceeded 20,000 US dollars, and in less than a month after entering 2021, Bitcoin was repeatedly sprinting to 40,000 US dollars. According to the current situation, it is estimated from a very conservative point of view that Bitcoin is very likely to exceed US$50,000 in the first half of the year and go straight to the next target of US$100,000.
So the performance of Bitcoin in this round of bull market has once again exceeded my expectations. As for how high it can rise? We witness with time.
Why is Bitcoin performing so unexpectedly? Thinking about it now, I think the most fundamental reason is that institutions entered the market with an unusually strong posture in the second half of last year.
This reason was beyond my imagination at the time. Although I also think that it will be a matter of time before Bitcoin goes out of the circle and enters the traditional financial circle, I estimated that this matter will not happen until Ethereum 2.0 is fully implemented in 4 years later, that is, around 2024.
This kind of development curve is very rare in other mature financial markets (such as stock market, precious metals, etc.).
Who benefits from such a market? Just ordinary investors. Because this can only happen in a market where the distribution of benefits has not been completed and the class has not yet solidified. Only in this kind of wild arena, can individuals create miracles, and of course they may be crushed to pieces. But as long as we take protective measures and use funds that we can afford to fail to fight in this market, we can still minimize risks and maximize returns in general.
It is precisely because Bitcoin can bring us unimaginable benefits in every round of bull market and repeatedly break through our cognitive ceiling, so we cannot think about it with a fixed point of view, because it is still growing, and I think it will create miracles, for example, I believe its market value will exceed that of gold.
Looking back on human history, the development of human beings is breaking through the original dimension step by step. In the digital age, we are breaking through the shackles and limitations of the physical world and striding towards the digital world. In this digital world, we inevitably need a brand-new value anchor point. Only in this way can we use this anchor point as a starting point to rebuild a brilliant new world.
This is like thousands of years ago, human beings needed gold to exchange value across race, country and region.
Gold is the value anchor of the physical world, and Bitcoin is the value anchor of the digital world.
That being the case, it is not surprising that the market value of Bitcoin exceeds that of gold and even develops into several times that of gold.
The current market value of Bitcoin is not even a fraction of gold, so it still has a long way to go, which means that it will continue to create miracles, and along the way repeatedly hit our cognitive ceiling again and again.
Therefore, it is absolutely necessary for us to keep a little bitcoin in our hands no matter what. As long as we are not forced to sell it because of life, we will hold it, even if it is only 0.01. This visible and intangible thing may create miracles continuously throughout our life.
It is commendable for an ordinary person to experience something that makes him feel emotional and recall in his lifetime. Not everyone has such an opportunity, and not everyone can seize such an opportunity.
We are fortunate to meet Bitcoin in this life in this era. We might as well keep a curiosity and leave a place for Bitcoin in our hearts. Without any greedy thoughts, hold even 0.01 Bitcoin and use this life to witness its future. Miracle.
