You only know that Li Xiaolai was once the Bitcoin billionaire, but can you imagine his miserable situation in 2011? At that time, he bought 2,100 bitcoins at an average price of 6 dollars each, thinking he would make a fortune. But in the end, the price dropped below 1 dollar, and his assets shrank by 97% in an instant. Would you jump off a building? Most people simply can't bear it.
Speaking of Zhao Changpeng, everyone knows he made it to the Forbes billionaire list, but the hardships behind it are known only to him. In 2014, he made a bold decision to sell his house in Shanghai and invest all his money into Bitcoin, hoping to turn a bicycle into a motorcycle. Who would have thought that the price of Bitcoin would plummet? The regret in his heart was immense; he felt utterly helpless, as if he had fallen into an icy pit, with no response from the heavens.
Zhao Dong, as a big player in over-the-counter trading, also faced significant setbacks. In 2013, he made a bold move and spent 1 million to buy 2,000 bitcoins, instantly amassing over 100 million in assets, looking so glorious. But by 2014, the futures market devastated him; he faced three consecutive liquidations, losing a total of 1.5 billion and owing 60 million in debts. He was almost driven insane, but fortunately, he managed to pull through and eventually found a turning point.
Now, many people have a common problem: they only focus on how much money they can make in the short term, without considering whether the price will rise or fall in the future. In the world of Bitcoin, the market can be extremely volatile. When it falls, it feels like falling into a bottomless pit, with no idea when it will end, and there's no bottom line. When it rises, it’s like going mad, shooting up uncontrollably. If you can't handle seeing 1 million turn into 100,000 in an instant, and that panic and fear, then don’t expect that 1 million will someday become 1 billion. Getting rich isn't that easy; both risks and opportunities are significant! Recently, Dao Ge has set his sights on a promising Musk golden dog on the Ethereum chain, which won't go to zero, and is currently very hot. Brothers seeking stability can like and ask me.