The lessons of blood and tears behind the myth of Bitcoin’s sudden wealth: the painful experience of going from millions to bankruptcy

You may have heard that Li Xiaolai is the richest man in Bitcoin, but did you know that he once bought 2,100 BTC at a price of $6, but experienced the bitter experience of the price falling below $1, with his assets shrinking by 97%?

There is also the story of Changpeng Zhao who was featured in Forbes. Did you know that he sold off his real estate in Shanghai in 2014 and invested all his funds in BTC, but he suffered a setback from a sharp decline?

Let’s talk about Zhao Dong, the over-the-counter trading boss. He sounds awesome, but do you know? In 2013, he used 1 million to buy 2,000 BTC, and once had assets worth hundreds of millions. However, in 2014, his position was liquidated three times in futures trading, with a total loss of 1.5 billion and a debt of 60 million! But he survived, and now he is very proud of himself!

In this industry, the fall is as exciting as a jumping machine, and the rise is as enjoyable as a rocket launch. If you can't bear the blow of 1 million turning into 100,000, then you can't enjoy the ecstasy of 1 million turning into 1 billion.

That's what investing is, profits and losses come from the same source. Others only see the glory of success, but ignore the sleepless nights and helpless struggles behind it. Therefore, investment is risky and you need to be cautious when entering the market! Don't just see the thief eating meat but not seeing the thief being beaten! #BTC #ARB #pepe #ETH #aevo $BTC $ETH $BNB