Many years ago, I started Coin Hoarding, and at that time, I didn't really understand the underlying technology of Bitcoin. Others would ask, "Why do you want to hoard Bitcoin? What if another Digital Money replaces Bitcoin?" Back then, we still couldn't answer. Everyone's understanding was stuck at the basic stage of "Virtual Money is just a chaotic mess without rules."

Later, I gradually began to learn the underlying logic of blockchain and started to understand that Bitcoin is a great invention at the level of historical civilization; it is a sophisticated accounting and transaction system. It has been around for more than 10 years and continues to operate in an orderly manner, proving the reliability and effectiveness of this system. When you truly understand Bitcoin, you will be amazed by Satoshi Nakamoto's genius design and conception. Therefore, I strongly recommend that if you plan to hoard coins for the long term and establish a faith in Bitcoin, you must clarify the underlying logic of Bitcoin.

You need to understand hash functions to comprehend why the Bitcoin ledger is immutable, as even quantum computers find it difficult to break the reliability of the ledger.
You need to understand asymmetric encryption in order to understand the "account" system of Bitcoin and digital signatures, as well as its anonymity.

Understanding the longest chain principle allows you to comprehend that as time passes, Bitcoin accumulates more and more blocks, making it less susceptible to attacks, the foundation becomes more solid, and everyone's trust continually increases. This is the time value of Bitcoin - "the older it is, the more valuable it becomes."

You need to understand the mining mechanism to grasp how Bitcoin is a large community, and how each node is incentivized and rewarded. Only by understanding these can you see Bitcoin's growth curve and grand vision, and establish a strong belief in Bitcoin.

Trump signed an executive order, which is essentially a formal endorsement of the great product that is the Bitcoin system, a recognition from the strongest power on Earth. Do you still think Bitcoin is just a string of illusory codes? Are you still constantly buying high and selling low?
Understanding the underlying logic allows one to see the long-term value of Bitcoin and gradually build a belief in long-term Coin Hoarding.