Original author: Daii (X: @yzdxs8)
Today, the price of Bitcoin has once again surpassed the $90,000 mark, and market sentiment is high, with social media filled with cheers of "the bull is back." However, for those investors who hesitated at $80,000 and missed the opportunity to get on board, this moment feels more like an inner interrogation: Am I late again? Should I decisively buy during a pullback? Will I have another chance in the future?
This is exactly the key point we want to discuss: Is there really a "value investing" perspective in Bitcoin, an asset known for its extreme volatility? Can a strategy that seems contrary to its "high risk and high volatility" properties capture an "asymmetric" opportunity in this tumultuous game?
The so-called asymmetry in the investment world refers to the potential gains being far greater than the potential losses, or vice versa. It doesn't seem like this is something Bitcoin would possess.