I always think that you can't put all the eggs in the same basket. For investment, it is a better choice to choose the right investment target and the right amount of capital. Especially when you have a large amount of money, it is the best choice to choose part of the stock market, part of the cryptocurrency, and then put part of it in the bank.

It is not surprising that any opposition from a major country will cause the price of Bitcoin to fall. For Chinese citizens, selling Bitcoin to avoid breaking the law is their only option. In fact, short-term ups and downs do not have reference value. Bitcoin represents a more advanced idea and will not be affected by national policies.

Regrettably, COVID-19 is still around us, and transnational travel and trade are still facing huge difficulties. Personally, I cannot go abroad to complete my studies due to COVID-19, which has a great impact on myself. Fortunately, during this time I came into contact with Bitcoin and caught up with this bull market.

I think this problem exists because there are still fiat currencies that can be used as an alternative to Bitcoin. In fact, as far as I know, Bitcoin has incomparable advantages in cross-border or large-scale transactions. For example, if you need to pay 1 million US dollars for your imported goods, you can choose to use bitcoin to pay at this time, and then buy US dollars into bitcoins will save time and cost of handling fees.

It is not easy to buy when it is down. I think it requires a lot of determination and knowledge to do it. For someone new to Bitcoin like me, trying to buy when it is down is a great way to learn. I hope the market can give me the results I expect.