Recently, Bitcoin has been quite volatile at #创作者任务台 , and the friends around me who trade cryptocurrencies are also experiencing ups and downs in their mindset. A few days ago, a friend was excitedly saying that Bitcoin had broken through 70,000 USD, and he went all in, making quite a profit. But just two days later, the price dropped again, and he started sighing, saying he was trapped again.

In fact, when playing with Bitcoin, mindset is really important. You need to understand its underlying logic, such as the total supply being capped at 21 million, and its scarcity being a critical factor supporting its value. You also need to pay attention to market sentiment, like checking the premium rate on Coinbase; if the premium is too high, there may be short-term risk of a pullback. Of course, the most important thing is to manage risks well, not to put all your eggs in one basket, and to invest with spare money so that you can play more easily. Remember, one day in the crypto world is like a year in the real world; staying rational is the key to laughing until the end.