To give a very simple example, the decline of Bitcoin is like cooking, and the rise is like eating. If you want to eat the rice in your mouth, let's cook first. Cooking is the process, and eating is the purpose. Then if you want a good meal, you must pay in advance. We have to prepare seasoning and raw rice first, and then pour the rice into the pot, but after pouring it into the pot, you may have to bear some risks at the same time.
Because some rice and water may spill outside, which is unavoidable. Even if we are careful, this may happen, and we can't always be vigilant. After cooking our meal, we know the cooking process very well. When we taste delicious food, we know that the process and the result are beautiful.
In fact, the same is true of Bitcoin. It follows the law of social development, with ups and downs, just like we eat. So, I don't think people cut leeks. On the contrary, it is a kind of venture capital. Since it is a venture capital, it is bound to take risks. Moreover, once bitcoin rises sharply, it will be a huge gain for investors, but at the same time it will also bear risks. This is just like our usual exam. Many people study well, and their exam results are naturally good, but there are also some poor students who have poor exam results.
Bitcoin is like this. We should know about it before making a judgment. This is very important. Learning before the exam is judgment, and the result of the exam is harvest. People who haven't studied can't sit back and enjoy success, so I personally think that the crazy decline and rise of Bitcoin are normal phenomena. Of course, this is only my personal understanding and does not represent the public opinion.