# decentralizehk ● Buy one hundred bitcoins every day ｜ Fruit seeds ｜ Daily news ｜ decentralizehk ｜ Technology ｜ Columns ｜ Columns ｜ 20201201

The day before writing, most cryptocurrencies such as Bitcoin dropped sharply from their highs. This is good, otherwise every time an article opens the capital and says that Bitcoin has risen sharply, it makes me look like a financial player, which is damaged. I prefer to talk about Bitcoin when it is falling, so that people can avoid being overwhelmed by the rising wave and focus on the basics.

The last ATH (always) between Bitcoin and Ether was three years ago, which is quite a long time for the blockchain. I always thought the industry I was operating in was relatively niche, but when it came to such a big scene, there were always friends coming over to chat and talk about price trends etc, and then I realized that the price attracted more public attention.

But I only look at the value, not the price, and I will not respond to my views on price trends. It’s not because I don’t eat human fireworks or despise them, but I don’t know how to read and I think short-term predictions are at best hypotheses. However, regardless of the past, present or future, I predict the long term will increase because I believe in two things: first, the value of blockchain and cryptocurrency; second, in the long run, value will determine prices.

The conclusion that the long term needs to increase has been made and there are two suspense left to buy cryptocurrency. 1. There are thousands of cryptocurrencies, which ones should I buy?

Understand that cryptocurrency started early

It is not Caiyan, not Xiba. If you want to talk about a cryptocurrency, you need to talk about it thoroughly, and you need to understand the basic concepts of the blockchain before you can talk, but that doesn’t mean you need to understand a hundred cryptocurrencies before entering the market, because you can start with Bitcoin, just like In the stock market, when you don’t understand or don’t want to choose stocks, simply buy the index.

Bitcoin is certainly not a cryptocurrency index, but it has similar functions, I only realized this gradually over the past year. For ordinary people, blockchain is like Mars. It takes a while to understand, accept and even internalize the laws of physics in another world. When people on earth first arrive on Mars and are not familiar with life, they will always start with the first parts. Start with the currency. Gradually, this formed a consensus. Regardless of the popular product on Mars, attracting more people to Mars to travel or even immigrate will drive Bitcoin’s growth; on the other hand, if the masses lose faith in Mars as a whole, for example, the Earth government is in hostility to Mars, Bitcoin is bound to be affected.

Therefore, Bitcoin has become an exponential existence in disguise. The most used financial sites on Mars, CoinMarketCap and CoinGecko, both follow the “BTC dominance” index, which is the share of Bitcoin in the overall market value. The currencies included in the two websites are not exactly the same and the figures are slightly different. Currently they are 62.5% and 61.5% respectively. From this very high number, it can be roughly understood that buying Bitcoin is almost equivalent to buying the entire ecology.

Regularly enter the market regardless of price

The second question is obviously when to start. My answer is simple today. Isn’t it a contradiction to say that the price cannot be predicted and that it should enter the market today? No, it is precisely because it is not possible to predict the price that we should enter the market as soon as possible.

However, don’t miss the second half of the answer – enter the market in batches and ideally buy regularly at a fixed rate, and the longer the timeline, the better. Regular fixed-amount purchases are a simple and effective strategy in the stock market, and data is more effective than more comprehensive strategies. When you get to Mars, there is no concept of a hand or a share of assets, it can be reduced like a dust and is a perfect match with the regular purchase of shares.

Many people say that Bitcoin is too expensive and cannot be bought, which is a misconception. If the price is too high I cannot say that others are wrong, after all there is no absolute answer; but if it is said that the reason for not buying is that it is too expensive but it is an objective error, it comes from Berkshire Hathaway, which cannot afford a share of more than three million dollars. Earth concept. In fact, one “bit” of bitcoin can be divided into 100 million shares, and this is the real smallest unit, called Satoshi. Therefore, you can buy 100 yuan in Bitcoin.

It doesn’t matter to make it public, buying 100 yuan of bitcoin a day is my method, which is extremely simple. I don’t care how tall or short it is, if possible, I don’t even want to know. I want to focus on work and live my life.

Written by: Gao Rebuild

Terrestrial. Believe in democracy and freedom. business owner. LikeCoin, #decentralizehk initiator.