There’s a very popular joke online:

Bought Bitcoin for 1,000 yuan in 2010 and held it long-term. Now the asset has already reached a hundred billion.

From the outside, it looks like you can just hold it and do nothing. But in reality, the funds fluctuate sharply, and most people can’t take it.

1,000 → 100k → 1 million → 30k → 5 million → 800k → 20 million → 3 million → 500 million → 80 million → 10 billion

Think about it carefully: with such violent cycles of rise and fall, can you really keep holding your chips?