僅在過去30天中，比特幣（加密：BTC）上升了約25％

僅在過去的30天中，比特幣（加密：BTC）的增長約為25％。很可能不繼續上升

Bitcoin (CRYPTO: BTC) is up about 25% in the last 30 days alone. It's more likely than not to continue rising, and there's one huge and undeniable reason that makes that the case.

僅在過去的30天中，比特幣（加密：BTC）的增長約為25％。很可能不繼續上升，並且有一個巨大而不可否認的理由使情況如此。

So, without further ado, here's why the rest of 2025 is probably going to be a great time for holders.

因此，事不宜遲，這就是為什麼2025年其餘時間可能是持有人的好時機的原因。

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Investors' emotions matter a great deal

投資者的情緒很重要

We all look at the performance of our investments. The brokerage websites and applications make it easy to see exactly how your favorite stock or cryptocurrency is performing relative to your cost basis. Total gains are denoted in green, and losses in red.

我們都看著投資的績效。經紀網站和應用程序使您可以輕鬆查看您喜歡的股票或加密貨幣相對於您的成本基礎的表現。總收益表示為綠色，損失為紅色。

The temptation to sell one of your holdings is much higher when your total return is negative. Conversely, it's fairly easy to continue retaining an investment when it's obvious that your (genius) investment thesis is playing out, as shown by a healthy gain. If you're like most people, you probably take a look at the price chart of your investments from time to time, whether you're holding them at a loss or a gain. Upward-climbing charts are, at least psychologically, proof that your gains will continue to grow, whereas tumbling lines on the chart are sufficient to cement your dread that your losses will deepen, prompting you to sell.

當您的總回報率為負數時，出售您的股份之一的誘惑要高得多。相反，當您的（天才）投資論文正在播放時，繼續保留投資非常容易，如健康的收益所示。如果您像大多數人一樣，您可能會不時查看投資的價格表，無論您是虧損還是收益。至少在心理上，向上攀爬的圖表證明了您的收益將繼續增長，而圖表上的翻滾線路足以鞏固您的恐懼，使您的損失會加深，促使您出售。

Image source: Getty Images.

圖像來源：蓋蒂圖像。

Putting aside the invalidity of short-term price-based reasoning about whether to buy, hold, or sell an asset, it's undeniable that investors are an emotional bunch that tend not to be able to maintain a long-term mindset about their holdings when faced with the anxiety of experiencing losses. At the same time, when most of the investors who hold an asset are holding it at a gain rather than a loss, incredible things can happen -- and that's exactly what's happening with Bitcoin right now.

拋開有關是否購買，持有還是出售資產的基於短期價格的推理的無效，不可否認的是，投資者是一群情感上的一堆，當面對遭受損失的焦慮時，往往無法保持對自己的持股的長期思維方式。同時，當持有資產的大多數投資者都將其持有而不是損失時，可能會發生令人難以置信的事情 - 這正是比特幣正在發生的事情。

As of May 5, according to data from Glassnode, a cryptocurrency data provider, at the price of $95,000 per coin, about 88% of all Bitcoin wallets were holding Bitcoin at a gain rather than a loss. And that's the huge reason why it's likely to keep climbing.

截至5月5日，根據GlassNode的數據，加密貨幣數據提供商的價格為每枚硬幣95,000美元，所有比特幣錢包中約有88％的收益是持有比特幣，而不是損失。這就是為什麼它可能繼續攀爬的重要原因。

The price of the coin is currently more than $103,000. The overwhelming majority of Bitcoin's holders are not under any emotional pressure to cut their losses whatsoever. That means they are far more likely to continue holding and adding to their positions than they are to sell.

硬幣的價格目前超過103,000美元。絕大多數比特幣的持有人都沒有承受任何削減損失的情感壓力。這意味著他們更有可能繼續保持和增加自己的職位，而不是出售。

That is going to continue driving the coin's price even higher in the short term, even before taking any of the other powerful drivers for its value into account.

這將在短期內繼續推動硬幣的價格更高，甚至在考慮其他任何強大的驅動程序之前，都將其價值考慮到。

Be aware that this principle cuts both ways

請注意，這一原則都削減了兩種方式

It is very unlikely that the price of Bitcoin will trend upward forever solely on the basis of most holders having an unrealized profit this month. There will probably be some macroeconomic events that are able to crack the market's bullish sentiment, causing some investors to sell. In other words, Bitcoin is destined to experience a crash or a sharp fall at some point in the future, and it is very likely that the decline will be so sharp that many investors sell their holdings at a loss and swear off cryptocurrencies altogether.

比特幣的價格不太可能僅在本月獲得未實現利潤的大多數持有人的基礎上永遠向上趨勢。可能會有一些宏觀經濟事件能夠破解市場的看漲情緒，從而導致一些投資者出售。換句話說，比特幣注定要在未來的某個時候經歷撞車事故或急劇下降，而且很可能下降會如此急劇，以至於許多投資者虧本出售其持股並完全發誓要完全宣誓。

That doesn't detract from the long-term thesis for buying and holding Bitcoin, but it's a fact of life that assets go through cycles of being heavily favored and disfavored.

這並不損害購買和持有比特幣的長期論文，但這是生活的事實，資產經歷了受到重視和不利的周期。

The way to deal with this reality is to have a plan for investing during both the asset's good times and also its hard times. Dollar-cost averaging (DCA) with small amounts of capital when the market is practically euphoric about Bitcoin, like now, is a way to make sure you won't get wiped out to the point of feeling bad if there's a decline. At the same time, keeping some of your capital in reserve to buy the dips in the coin's price is also a good idea because doing so will enable you to capture upside when other investors are panicking.

處理這一現實的方法是製定一項計劃在資產的好時期和艱難時期進行投資。當市場對比特幣幾乎欣喜時，少量資本的美元平均值（DCA）像現在一樣欣喜若狂，這是確保您不會被抹去的一種方式，如果下降，則不會感到難過。同時，將您的一些資本保留在硬幣價格上購買蘸醬也是一個好主意，因為這樣做可以使您在其他投資者感到恐慌時捕獲上升空間。

The core pillar of this two-handed strategy is to hold your coins for the long term, which in this case means at least four years or so, but preferably closer to 40 years or so. The longer you can diligently accumulate Bitcoin, the more gain you will get from its inherent and ever-escalating scarcity, as well as medium-term drivers like institutional and sovereign adoption. Detach your investing habits from your emotions, and it won't matter how many other investors are holding Bitcoin at a gain or a loss -- you will be taking advantage of its value-generating capabilities all the while, regardless.

這種雙手策略的核心支柱是長期持有您的硬幣，在這種情況下，這意味著至少四年左右，但最好接近40年左右。您可以努力積累比特幣的時間越長，您就會從固有且越來越大的稀缺性中獲得的收益越多，以及製度和主權採用等中期驅動因素。將您的投資習慣從情緒中脫穎而出，而其他投資者持有比特幣的收益或損失都無關緊要 - 無論如何，您都會利用其價值生成的能力。

Should you invest $1,000 in Bitcoin right now?

您現在應該在比特幣上投資1,000美元嗎？

Before you buy stock in Bitcoin, consider this:

在您購買比特幣庫存之前，請考慮以下方式：

The Motley Fool Stock Advisor analyst team just identified what they believe are the

Motley Fool Stock Advisor分析師團隊剛剛確定了他們認為的是