The origin of the name "480,000 brothers" is because he used the 480,000 savings he bought to buy 100 bitcoins, and on January 28, 2014, he posted live on Baidu Bitcoin Tieba .

But bad luck, this live broadcast was born at an opportune time, and the subsequent negative policy and the collapse of currency prices made his assets shrink rapidly, falling to only 90,000.

The cynicism in the post bar and the incomprehension of his family made 480,000 brothers even worse. "Quarrels with mother-in-law, threats of divorce from wives" and so on gradually became the theme of his live broadcast.

At the beginning of 2016, when bitcoin recovered to 3,000 yuan, 480,000 brothers replied to readers: "The currency was dumped, and I bought a house." "This man, who had expected to buy a house and exchange a new car with all the money of bitcoin, lost 180,000 yuan and left the market, and finally missed the madness a year later. This story is typical of falling before dawn. Since he chosen, he had the responsibility to stand until the end, quit halfway, and regretted his life.

#etf #gbtc #fomo #sbf #pol