Every time the market dips, there are people shouting "the crypto world is finished". Two years later, these people will be slapping their thighs again.

Rather than guessing, it's better to see where the real money is flowing. Top asset management firms like BlackRock and Fidelity started to go on a buying spree as soon as the Bitcoin spot ETF was approved. Hundreds of billions of dollars are being poured in; this is hardly "charity". Traditional financial giants never engage in losing deals, and institutions are clearly indicating that they are bottom-fishing with their actions.

The key point is here – the liquidity of Bitcoin is disappearing. The fixed total of 21 million coins is no longer a determining factor. Over 87% of Bitcoin has not circulated for half a year, and millions of coins are permanently lost, while ETFs continue to accumulate daily. The coins that are truly circulating in the market have become a scarce commodity. The simplest economic common sense: the tighter the supply, the stronger the demand.

The proportion of people globally who truly hold Bitcoin is less than 5%. When that 95% of people is gradually "educated" into the market by institutions, will the price still be at the current level? Every squat is for the next higher jump.

The three pitfalls that beginners are most likely to fall into: Avoid leverage; the drama of liquidations is played out every day. Start with mainstream coins like Bitcoin, and don't gamble on those obscure altcoins you don't understand. Regular investing is better than going all in; the longer you survive, the greater your chances of laughing last.

What should we do now? Hold on to the spot you have, use time to exchange for space, and dollar-cost average into Bitcoin, focusing on three years from now. Don't be thrown off by short-term fluctuations; only those who can endure the quiet can enjoy the feast that follows.

Are you feeling panic or anticipation right now? Tell me, are you still holding your position?