Bought when Bitcoin 23,640

I just raised Bitcoin at a high position. If I am lucky enough to buy right, everyone will be happy for me; if I am unlucky enough to buy wrong, everyone will buy at a low position, and I will also be happy for everyone; if you still think bitcoin is a scam, you can feel free Take it out to make fun of me and bring you joy. This is really a win-win solution.

I have seen Bitcoin rise sharply from more than 2,000 US dollars to nearly 20,000 US dollars, then drop sharply to more than 3,000 US dollars, then rise to more than 10,000 US dollars, then fall to more than 3,000 US dollars, and then rise to nearly 20,000 US dollars , and then rose above $20,000.

In the past three years of development, I have only seen traditional institutional investors enter the market with a changed attitude this time, but I found that the common people around me have the same thoughts on Bitcoin as they did in 2017. Mo said that it may be more skeptical because of Bitcoin's rise above all-time highs and media reports. This makes me sigh that there is a huge disparity between the rich and the poor, and things happen for a reason, not all because of the unfairness of the system.

The situation is really the same as the situation that Hong Kong people were afraid of when they saw technology stocks after the explosion of science and technology networks in 2000-2001, and it was also the same as when they saw the bubble in the property market in 1997-1998. The same is true of the big bull market in Hong Kong's property market.

If in 2017, Bitcoin is still considered a scam, it is understandable. But after the explosion in 2018 and the weakness in 2019, it is really strange to ask if Bitcoin is a scam after it has risen to a record high today. Buy Bitcoin from Square to MicroStrategy and don't know what they are? What about the recent popular new stock god Cathie Wood? I don't know? So Fidelity should know? They have all come in.

In fact, I have said a lot about Bitcoin, and I can reiterate it again if I am not afraid. People have a lot of blind spots, because you use the wrong analysis method, and you are too tightly bound by the system for many years. You can't directly compare bitcoin with the US dollar. If you can barely compare, you have to compare bitcoin with [all legal currencies in the world + its payment system + banking system] to have the most basic comparability. A simple example shows that if I really want to do it, I just need to ask my company colleagues to make a bitcoin wallet, and I can instantly become a bitcoin-based bank, exchange and securities firm. This is open and open source. And the power of programmable money, this is an invention that has never appeared in human history. It is a once-in-a-century technological invention that changes human life style. Its status is comparable to steam engines, automobiles, electricity, airplanes, telephones, computers, and the Internet.

You will definitely have many, many questions. Believe me, your questions will be no more than Fidelity. You can imagine how much internal discussion it takes for a traditional investment institution like this to decide to enter a new asset class. to enter slowly. These institutional bosses are starting to enter the market, and other institutions will follow sooner or later. Do you really want to wait until Bitcoin sees $100,000, $200,000, $400,000 before asking where to buy it?

The same blind spot makes you think that people who buy a property in Hong Kong are stupid, and that it is stupid to carry a mortgage. You are the most rational in the world. From 2004 to today, you have not dared to buy a property. After more than ten years, no one year is right. Or Amazon, Google, Tesla, Netflix, Facebook, etc., which have been listed separately in the past ten years, have never touched their hands. "Is it stupid to buy 100 times PE?", "Is it stupid to buy companies that lose money?" ”, but grabbed the HSBC he bought for HK$100. Even half a year ago, everyone was saying that it was stupid to buy a Tesla that was over a thousand (before dismantling).

It turns out that history really repeats itself like this.

PS If you have doubts about Bitcoin, but still have an open mind, I suggest you buy it before researching. There are many people who ask the same question in the market, and there are also many good and detailed answers. After you buy it, you will study it, otherwise you will never start.