Blood, Tears, Insights: Don't sell BTC, ordinary people need to learn to hold onto their BTC.

From $10,000 to $100,000, how can you hold BTC in your hand? This article is from an article by author 0xTodd and compiled and contributed by PANews. Why is $100,000 just the starting point for BTCBTC? (Background added: Wall Street Bernstein: BTC will replace gold in ten years, soaring to $200,000 by the end of 2025) First of all, congratulations to BTC today officially reached $100,000, here is an interesting fact. I wrote an article in January 2018 to the effect of how to survive in the Bear Market. At that time, it was really ashamed, and the core paragraph in it (which was fiercely ridiculed by a benevolent brother in the comment area), the original text was: A BTC can reach $50,000 in the future, it's just a matter of time. Now that we know that BTC has risen to $50,000, all operations are now aimed at increasing the amount of BTC. Why Cut Lossstop loss now? Where is the damage? Brother Ren in the comment area: "The answer slapped his ass and got the conclusion that BTC can reach 50,000 US dollars?" Forgot to mention that BTC was $11,000 that day. It's fun later - this brother has quite a backbone, and that comment insists on not being deleted; But as BTC breaks through 2w, 3w, 4w... Until now breaking through 10w US dollars, every time he breaks through the whole number, someone will run over to the daily attendance to ridicule him, this small comment, as if to become a famous sightseeing spot. As a generation of Internet natives, this kind of hard-mouthed funny thing, coupled with the amazing performance of the magic currency of the Internet, is naturally comfortable. A famous picture, I think everyone has seen it. What you imagine is holding (HODL) Actually holding (HODL) Many people have even corrected that the second picture should be: Actual holding (HODL) 2.0 In fact, this meme has a third one, many people don't know. To be honest, looking at all these years, this is also the picture that touched me the most: actually hold (HODL) 3.0, right? Is it really that easy to hold BTC? So why are so many people still not holding it? If I were to be 18 years old, when faced with this question, I might rush to answer: Yes, holding BTC is really simple, only need to do one thing: deposit Cold Wallet. But!! In fact, this statement is only half true. As I myself drifted in the industry for 7 years, I finally realized the second half of the truth. Now, 24 years old, I will tell you that the truth is actually this: holding BTC is still very simple, but there are actually three things that need to be done: Deposit Cold Wallet Regularly replenish faith Live well The first thing Cold Wallet, I believe does not need to be explained. The second thing is worth talking about. Actually, I really appreciate everyone who preaches for BTC. Faith is something that weakens with time and experience, and you have to renew it every once in a while. Otherwise, your BTC will lose out to the market in the form of countless large and small swing trading. No one can build a "steel ideological imprint" in the flesh, even the microstrategy boss Michael Saylor, in fact, secretly sold some BTC at the bottom of 16,000 in an attempt to do a swing trading for tax avoidance. And, the scariest thing about the encryption industry is that it always pushes the ugliest parts of the industry in front of the world. You can see the liar clown Fengyue beggars appear one after another; You can always see eyewash and Ponzi uprisings and collapses. From the VC bureau saved by the big guys to the PVP sent by the group of friends, it is natural that you are disappointed in this industry If you can still maintain a passion, to be honest, I will doubt your sincerity Therefore, you need to supplement your faith regularly. Next is faith time. This round of BTC launches is not achieved overnight, but like a multi-stage rocket, one stick after another, layer by layer. Pre stage: The end of the three scammers (SBF, SuZhu, DoKwon) + the US Federal Reserve's interest rate hike cold, teamed up to weld the iron bottom of BTC at 16,000 points. Subsequently, BTC went from 16,000 in the last round to 101,600 today, in fact, there are three major heroes: The first stage rocket: 16,000-30,000, thanks to grayscale, as always, sucked BTC like a pixiu, and achieved a crucial victory with the SEC lawsuit. Second stage rocket: 30,000-60,000, thanks to ETFs, especially BlackRock and Fidelity, two traditional institutions poured into BTC with their users and hot money in the US stock market. The third stage rocket: 60,000-100,000, thanks to micro-strategy, in fact, the key integer point is difficult to break through, especially the invisible pressure of various technical indicators, but the belief and determination of micro-strategy, let them use the cash of issuing bonds and selling stocks, directly and forcefully swept away the pressure, and brought BTC to a vacuum zone. Next, there's the fourth stage rocket, which is also the most powerful one: Considering Trump's current nomination of a new encryption-friendly, even encryption-fanatical government candidate, the U.S. BTC strategic reserve proposal is likely to become a reality. And with the United States taking the lead, is it possible for Europe, the Middle East, Japan and South Korea, South America, and even China to follow suit? That once unattainable dream of electronic "gold" is now even within reach. The biggest feature of BTC is that it doesn't change, it's gold-like quality. The golden seal of Qin Shi Huang, the golden crown of Emperor Taizong of Tang, and the golden palace of Emperor Taizu of Ming are all the same gold. What will the BTC network look like in 2017, what will the BTC network look like in 2021, and what will the BTC network look like in 2025 next year? All the same BTC. "Predictable" = "Trustworthy" = "Can travel through time" You can never trust a project that will be RUG next hour dev, you can't trust a protocol that updates a blueprint every 5 years, and you can't be sure that a diligent entrepreneur today will become a ruthless president in N years. But you can easily predict what the BTC network will look like 10 years from now, 20 years from now — and the answer is that if gold is the same, it will always be. This is why these countries will make BTC (and not others) their "national strategic reserves". You may ask, Mr. Todd, I seem to get it. But we came to this industry to "turn over", you tell me to hold BTC? How much more can BTC gain? Bitcoin vs Other Frankly I can't give you predictions, and almost no one can give you accurate predictions. That's the third point I'm trying to make – live well. Another great feature of this industry is that it is also good at showing you the most luxurious parts. In a moment, you can earn 1M, 2M casually; After a while, he gave a speech on withdrawing from the circle; After a few days, the people disappeared, and it turned out that they had traveled around the world; Of course, this is not to say that the exchange bosses are drunk gold fans in Singapore and Dubai. Among them, there are really fakes, fake accounts for 75%, pretending to be X criminals accounts for 20%, and real rich people also exist, accounting for about 5%. However, these things are too stimulating for people's eyes, and if the powerful magic weapon is general, it trickily ticks off people's unwillingness and anger. This is also why meme was born, of course, I will write about meme later when I have the opportunity. Recently there was an account with a gorilla avatar, and...