Suggestions for saving virtual currency
“I want to buy some money and watch it in three years. ”I want to talk about this topic today.
The first thing people will think of is BTC. BTC's output is halved every four years. The price fluctuation of BTC is a cycle every four years, which drives the currency market to fluctuate once every four years. The last time it was halved was in 2016, and the trend is upward. And in 2017, there was a boom. But in 2018, it entered a bear market, almost all the year round in a downward trend. The first half of 2019 is a bull market, but the second half is still a bear market. Until 2020, it entered the bull market again, and in September, the bull market temporarily ended.
Of course, history may not be exactly the same. However, it is not necessarily the best choice to keep money for three years. The next time BTC will be halved in 2024, so the probability of a bull market may be greater in 2024.
Most people think that BTC is too expensive to buy even one. After all, there is no difference between a BTC with a 50% increase and an altcoin with a value of $10000.
BTC should not increase 10 times or 100 times in 3-5 years. But in other altcoin, some currencies may have such an increase. Many people walk in the currency circle with the mentality of wealth and freedom. You know, this kind of mentality is very terrible. Proper greed, in essence, is enterprising, and excessive greed will be exploited.
Can the currency circle still have ten times, a hundred times? If the currency price reached in a short period of time, there should be tens of times the currency price. However, in the long run, it is difficult to have a stable growth of tens of times of currency. If it is a short-term investor, and stare at the K line all day long, it is possible to capture the high point of the currency price. But if it is a long-term investor, in the long-term growth, may not meet the instantaneous high point. Even if long-term investors see that their currencies have performed well recently, they may not be able to see the highest point at that time. You know, those currencies that rise sharply tend to fall more violently.
