Will Yang|Feb 06, 2026 16:21
Because Bitcoin is naturally speculative, it always gives the poor a chance to chase their dreams.
1️⃣ Major exchanges support up to 100x leverage—if you’ve got a dream, come on in. Over the years, there’s never been a shortage of legends about turning high-leverage capital into hundreds of times returns.
2️⃣ Extreme volatility—it can drop 80% in a year or rise 200%.
3️⃣ Precise and elegant cycles—one year up, three years down. Gradually buying the dip and selling at the top always brings excess returns.
In short, the thrill of high volatility, the excitement of high leverage, and the beauty of cycles give people endless fantasies of getting rich overnight. This is something value investing can never provide—those who get it, get it.
It’s been 5 years, and the price is still around $60K, but don’t forget:
The last $60K started from $3K, and this time $60K came after rising from $15K to $120K.
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