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A lot of my friends have been asking me recently: Are there any good opportunities for ordinary people? When will Bitcoin roughly drop to below 50,000? They said that as long as it drops below 50,000 US dollars, they’ll sell their house and their car and buy one or two. I told them, don’t worry—if it really drops below 50,000 US dollars, you still won’t buy. They were confused and asked me why.
I said humans’ pain from scars, and their fixed hopes, expectations, and plans, are just like fish nearing death—only 7 seconds of memory. Once this kind of risky asset starts falling 📉, it starts falling nonstop. Buying it while it’s dropping is like reaching out to catch the downward👇 falling 🔪—basically, you can’t withstand the huge psychological pressure and obstacles. So, the people who are able to buy Bitcoin at low prices are extremely few—almost none. And more honestly, more directly: as Michael said, in the future Bitcoin will be a certain million-US-dollar commodity. So tell me—what’s the real difference between spending 50,000 US dollars on it now and spending 70,000 or 80,000 US dollars on it? Isn’t it just spending an extra 20,000–30,000 US dollars in foolish money that makes you regret it… to exactly where—where exactly can it possibly take you? Everyone, think carefully—does this kind of logic make sense? [憨笑]