Is it a good time to buy Bitcoin now?
Simply put, I think now is the last chance to get on board. In the past, I have reminded everyone to get on board at prices such as $20,000, $30,000, and $40,000. Some people got on board, and some missed it. Today, I solemnly declare again: This is a godsend opportunity.
In the short term, Bitcoin may have a 10%-15% adjustment. But in the long term, it is always in an upward trend. Many people are afraid of falling and hesitate, but they chase high in the bull market. This is a typical human nature-short-term fear and greed make it impossible for people to make rational judgments.
Someone asked: When is the best time to buy Bitcoin? My answer is two times: 10 years ago and now. The premise is that you have to hold it for at least 4 years with a long-term investment mentality. Short-term fluctuations don't need to be concerned, and real wealth lies in the belief of long-term holding.
The logic of long-term holding
In the next 4-year cycle, Bitcoin has a high probability of surpassing other assets, including gold and US stocks. Why? Because more and more companies and institutions around the world are beginning to deploy Bitcoin. This round of bull market is different from the past, and there is a lot of institutional funding behind it. In addition, the United States may include Bitcoin in its strategic reserves, which is one of the important means to solve the U.S. debt crisis. Once all this comes true, the price of Bitcoin will soar.
