Bitcoin price has hit a new high recently, why should we increase holdings?

The price of Bitcoin has hit a new high recently, especially in the Japanese market, breaking through 214,000 yen yesterday, and the domestic market also broke through 10,000 yuan. Recently, Bitcoin has been receiving positive news. First, Japan recognized Bitcoin as a means of payment and exempted it from 8% consumption tax. Then, ETF was resubmitted for review, and Biccamera accepted Bitcoin payments.

The recent forecasts are almost accurate, but they are no longer of any help to some people. Those who are destined to follow the trend will naturally understand that the guidance in front of the big trend is only important, and those who are not destined to follow the trend will only reincarnate in endless cycles! (Altcoin) After the frenzy of the altcoin, it will enter an adjustment. Of course, there is no shortage of opportunities in the market, but for most people, the upward trend still underperforms Bitcoin, not to mention the virtual currency in a volatile decline?

1. It’s time for a major uptrend

This wave of market was first led by Bitcoin. Before the central bank restricted the withdrawal of coins, other virtual currencies hardly moved, and even the Bitcoin exchange rate has been falling. In 40 days, the price of Bitcoin doubled (daily trading) and the market value reached 28 billion US dollars. Is there anything more telling than this? Isn't this the beginning of another wave of main upward trend? The market value of 28 billion has arrived, and will it be far from 100 billion or 1 trillion? Obviously, Bitcoin has passed the most dangerous period! Bitcoin will usher in a period of rapid development, not to mention that even the central bank cannot ban Bitcoin. We can't go wrong by following the general trend!

Grab your weapons, go for it, and attack on all fronts.

2. Bitcoin’s $100,000 Dream

When I first came into contact with Bitcoin in 2011, it was around RMB 32. According to the current price of RMB 12,000, it has increased by 375 times. I dare not say that it will increase so much all of a sudden, but I think it is very likely to increase to USD 100,000 in the future. This is under normal circumstances. If there are some catalysts, such as a certain country printing money and causing the exchange rate to plummet and credit to collapse, then it is possible for Bitcoin to reach USD 1 million, or even one coin for one villa.

3. Quietly Waiting

The so-called Thousand-Li Horse is not necessarily the fastest, but it must be the one with the best endurance. We must be patient, accumulate strength, and wait for opportunities - only in this way can there be hope in life. The reason why most people cannot calm down about Bitcoin is that they cannot grasp the future trend of the subject matter they are trading, that is, they cannot grasp the uncertainty (risk) of the future, which leads to subjective emotions such as fear, greed, and hope. Under the control and disturbance of these subjective emotions, operations become unruly, which is the main reason for him to get off the bus. Some people strive for short-term gains and choose altcoins.

4. Track

The reason why we can make money is not because of how smart we are or how good our operations are. These are of course important, but the most important thing is that we have chosen the right industry. The track of virtual currency has been fully laid out, where are you?