Bitcoin Hits 50K: Leeks FOMO as Bull Market Continues, Time to Understand Investment
Bitcoin has exceeded 50,000, and many leeks have begun to FOMO again, preparing to enter the market. They are tired of guessing the rise and fall every day.The best time to plant a tree is between ten years ago and now. The best time to understand an investment is the same. I have previously popularized the Bitcoin white paper for free to leeks. If you understand the underlying logic, you will lose even if you lose. willingly!My analysis of this bull market remains unchanged:1. In the long run, the growth rate of Bitcoin will exceed most people’s imagination. US$100,000 is just the beginning. It is good to get on the bus at any time now, even if you buy 0.1 piece of pie.2. Just like this wave of gains, after a period of consolidation, there will be an explosion, and of course it will be accompanied by a sharp correction. Most of the 10U gods of war will be washed away during this kind of shock upward.3. The second layer of Bitcoin, including the header inscription, will benefit from this surge, eventually forming a pattern in which large institutional investors hoard the pie and retail investors hoard the second layer.4. All technical analysis is almost useless in the long term. As a currency fan, you only need to understand the basic principles, calculate the simplest supply and demand, and then find the opportunity for a correction to invest.5. The wealth effect will bring more new leeks into the market. Based on the high pie prices, most of them should be harvested on copycat local dogs and contracts.6. Follow me and give me a like, and let’s dig out the wealth code of this bull market