Bitcoin price breaks $100,000, how should ordinary investors hold long-term?

Bitcoin officially broke through the $100,000 mark today, which reminds me of an article I wrote in early 2018. At that time, I confidently predicted: "It's only a matter of time before Bitcoin rises to $50,000. Since I know it will reach that price, the current operational goal should be to increase Bitcoin holdings; why cut losses?"

At that time, the price of Bitcoin was about 11,000 dollars, and some commentators mocked my prediction as overly optimistic. But as Bitcoin broke through 20,000, 30,000, 40,000 dollars, and now reaching 100,000 dollars, that comment has instead become a "check-in hotspot" for netizens.

Many people have seen a famous "HODL" ( long-term holding comparison chart: the ideal holding process is a smooth upward curve, while in reality it is a curve of severe fluctuations. Some have even modified this chart to make the real curve look even more tragic. But in fact, there is a third chart that best reflects the true situation - a curve filled with various emotional ups and downs.

![100,000 USD each, how can ordinary people hold Bitcoin?])https://img-cdn.gateio.im/webp-social/moments-f216055c350aab7de065ba69f119fd53.webp(

So, how should ordinary investors hold Bitcoin for the long term? Based on my 7 years of industry experience, I believe there are three things that need to be done:

1. Use cold wallet for storage
2. Regularly strengthen beliefs
3. Live a good daily life

The first point does not need much explanation. The second point is very important - we must thank those who promote the idea of Bitcoin. Because over time, people's beliefs can gradually wear down and need to be "recharged" regularly. Otherwise, it is easy to lose confidence during market fluctuations. Even steadfast believers like Michael Saylor, the CEO of MicroStrategy, have sold some Bitcoin at low points.

The cryptocurrency industry often exposes its ugly side to the public, with various scams and Ponzi schemes occurring frequently. It is a normal reaction to feel disappointed with the industry, so we need to regularly reinforce our belief in Bitcoin.

The recent rise of Bitcoin can be divided into several stages:

• 16,000-30,000 USD: Benefiting from the continued purchases by institutions such as Grayscale.
• $30,000-60,000: The launch of the ETF brings institutional funds into the market
• 60,000-100,000 USD: Firm buying breakout resistance level by companies like MicroStrategy

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In the future, there may be larger-scale institutions and countries entering the market. The biggest characteristic of Bitcoin is that it does not change, just like gold, it can transcend time. This is also why it has the potential to become a national strategic reserve.

Some may ask, how much more can Bitcoin rise? To be honest, no one can predict accurately. But this precisely highlights the importance of the third point - living a good daily life.

This industry can easily lead to unrealistic fantasies. Some claim to easily make a million dollars, while others announce their retirement to travel the world. But the truth is often not as rosy. We must learn to:

1. Record your thoughts
2. Accept that others may earn more
3. Focus on the present
4. Maintain a good diet and sleep.
5. Set realistic goals
6. Challenge negative thoughts
7. Cultivate an attitude of gratitude
8. Help others

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Only by living well can one truly hold Bitcoin for the long term. Otherwise, it is easy to be tempted by various distractions, ultimately losing Bitcoin to the market. From my observations, about 95% of people's Bitcoin holdings are decreasing.

Let's revisit the three key points of holding Bitcoin for the long term:

1. Use cold wallets for storage
2. Regularly Strengthen Beliefs
3. Live a good daily life

7 years have passed, and Bitcoin has risen 10 times against the US dollar. But 1 BTC has always equaled 1 BTC, it was so in the past, and it will be so in the future. Please stick to long-term holding and don't wait until Bitcoin rises to 1 million dollars to realize.

![100,000 USD each, how can ordinary people hold Bitcoin?])https://img-cdn.gateio.im/webp-social/moments-f5052ffcb81c126e84cc7bdaa3700d44.webp(