比特幣的復甦：買還是賣？專家參與

比特幣的價值一度暴跌，自 2022 年 11 月以來已上漲四倍。然而，眾議員 Shri Thanedar 持有相反的觀點，最近出售了他的比特幣股份，並對加密貨幣和股票表示懷疑。

Bitcoin's Resurgence: Is It Time to Buy or Sell?

比特幣的復甦：是時候買入還是賣出？

The cryptocurrency landscape has witnessed a remarkable resurgence of Bitcoin (BTC), the pioneering digital asset that had faced a precipitous decline, losing over 70% of its value between November 2021 and November 2022. However, since then, Bitcoin has embarked on a remarkable recovery, nearly quadrupling in value, raising the question: Can Bitcoin sustain this momentum?

加密貨幣領域見證了比特幣(BTC) 的顯著復甦，這種開創性的數位資產曾面臨急劇下跌，在2021 年11 月至2022 年11 月期間損失了超過70% 的價值。時起，比特幣開始了顯著的復甦。

Cathie Wood's Bitcoin Optimism

凱西伍德 (Cathie Wood) 對比特幣的樂觀態度

Cathie Wood, the visionary founder of Ark Invest, is among those who believe in Bitcoin's continued ascent. She boldly predicts that the cryptocurrency could soar by more than 5,600%, a staggering affirmation of her bullish outlook. This optimism stems from several factors.

Ark Invest 富有遠見的創始人 Cathie Wood 是相信比特幣持續上漲的人之一。她大膽預測加密貨幣可能會飆升 5,600% 以上，這令人震驚地證實了她的樂觀前景。這種樂觀情緒源自於幾個因素。

Firstly, the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) in 2024 has significantly boosted demand for Bitcoin. Ark Invest, one of the eleven investment firms granted approval, now offers several Bitcoin-focused ETFs, attracting substantial capital inflows. Wood believes that this institutional endorsement will pave the way for wider adoption, with institutional investors allocating a significant portion of their portfolios to Bitcoin, potentially driving its price to a staggering $3.8 million, according to Ark Invest's analysis.

首先，2024年美國證券交易委員會（SEC）批准現貨比特幣交易所交易基金（ETF），大幅提振了比特幣的需求。 Ark Invest 是獲得批准的 11 家投資公司之一，目前提供多種以比特幣為重點的 ETF，吸引了大量資本流入。根據Ark Invest 的分析，伍德認為，這種機構認可將為更廣泛的採用鋪平道路，機構投資者將其投資組合的很大一部分分配給比特幣，有可能將其價格推至驚人的380 萬美元。

Additionally, Wood places great significance on Bitcoin's halving events, which occur approximately every four years. During these events, the reward for mining Bitcoin is halved, reducing the supply of new coins entering circulation. Wood anticipates that the halving that occurred on April 19, 2024, will serve as a major catalyst for Bitcoin's price appreciation, similar to the rallies witnessed after previous halvings in 2012, 2016, and 2020.

此外，伍德對大約每四年發生一次的比特幣減半事件非常重視。在這些事件期間，開採比特幣的獎勵減半，從而減少了進入流通的新硬幣的供應。伍德預計，2024 年 4 月 19 日發生的減半將成為比特幣價格上漲的主要催化劑，類似於 2012 年、2016 年和 2020 年減半後出現的反彈。

Countervailing Perspective: Congressman Shri Thanedar's Skepticism

反補貼觀點：國會議員 Shri Thanedar 的懷疑論

Notwithstanding Wood's bullish outlook, Rep. Shri Thanedar (D-Mich.) holds a contrasting view of Bitcoin. The congressman recently liquidated his Bitcoin holdings, expressing concerns about the cryptocurrency's viability. Thanedar's skepticism extends beyond Bitcoin; he has also significantly reduced his stakes in Ethereum and Litecoin, signaling a broader bearish sentiment toward cryptocurrencies in general.

儘管伍德對比特幣前景持樂觀態度，但眾議員 Shri Thanedar（密西根州民主黨人）對比特幣持有相反的看法。這位國會議員最近清算了他所持有的比特幣，表達了對加密貨幣生存能力的擔憂。塞尼達爾的懷疑不僅限於比特幣。他還大幅減少了以太坊和萊特幣的持股，這表明人們普遍對加密貨幣持悲觀情緒。

Thanedar's concerns are echoed by legendary investor Warren Buffett, who has famously derided Bitcoin as "rat poison squared," arguing that it lacks intrinsic value. However, this argument could equally apply to gold, which has been a popular investment for centuries despite its lack of intrinsic value.

傳奇投資者沃倫·巴菲特也表達了塞尼達爾的擔憂，巴菲特曾嘲笑比特幣是“老鼠藥的平方”，認為比特幣缺乏內在價值。然而，這一論點同樣適用於黃金，儘管黃金缺乏內在價值，但幾個世紀以來它一直是一種受歡迎的投資。

A Balanced Perspective: Between Optimism and Caution

平衡的觀點：樂觀與謹慎之間

While Wood's bullish predictions and Thanedar's skepticism present contrasting viewpoints, a balanced perspective is warranted. It is unlikely that institutional investors will allocate 5% of their portfolios to Bitcoin in the near future, and the halving event has yet to spark a significant rally.

雖然伍德的樂觀預測和塞尼達爾的懷疑態度呈現出截然不同的觀點，但平衡的觀點是必要的。機構投資者不太可能在不久的將來將其投資組合的 5% 分配給比特幣，而且減半事件尚未引發大幅反彈。

On the other hand, dismissing Bitcoin entirely may be shortsighted. Its value remains largely driven by market sentiment, offering the potential for significant appreciation or depreciation. Investors should approach Bitcoin with caution, recognizing both its potential and risks, and carefully consider their investment strategies.

另一方面，完全否定比特幣可能是短視的。其價值仍主要由市場情緒驅動，提供大幅升值或貶值的潛力。投資者應謹慎對待比特幣，認識到其潛力和風險，並仔細考慮其投資策略。

Ultimately, the decision of whether to buy or sell Bitcoin is a personal one. Investors should conduct thorough research, understand the risks involved, and make informed decisions based on their individual circumstances and risk tolerance.

最終，是否購買或出售比特幣的決定是個人決定。投資者應充分研究，了解所涉及的風險，並根據個人情況和風險承受能力做出明智的決定。