📜Early Bitcoin story: very few people actually get to hold the final outcome

Li Li Hua (Founder of Liquid Capital, formerly LD Capital) recently shared a conversation with early miners on social media.
He mentioned that in the early stages of Bitcoin, Chinese holders once accounted for about 90% of the circulating supply. But due to extreme price volatility, most people found it difficult to hold for the long term.
Many bought in at a few tens of dollars, and when the price rose about 10 times, they chose to sell; when the price continued to rise into the tens of thousands of dollars, very few could persist without selling.
Over time, more and more Bitcoin flowed into institutional funds and special funding channels, making it very difficult for ordinary investors to hold through long-term fluctuations.
He believes that from a long-term investment perspective, the value investing logic emphasized by Zhang Yongping and Warren Buffett still holds — only those who truly understand asset value have the ability to withstand short- and medium-term drastic fluctuations. #WCTC交易王PK #加密市场小幅下跌 #Polymarket每日热点 $BTC $AXS