Guo Hongcai, known as "Bao Erye" in the cryptocurrency circle, is a typical representative of the counterattack of the loser in the cryptocurrency circle. He graduated from high school and was originally a beef seller, but he achieved financial freedom through Bitcoin. His story shows how he went from an ordinary person to a well-known figure in the cryptocurrency circle and changed his fate through Bitcoin.
First Look at Bitcoin
Guo Hongcai was born in Pingyao, Shanxi. He is talkative and hospitable. After the college entrance examination, he went to Tsinghua University to audit courses and began to think about how to make money. He tried many businesses, from domain names, websites to Internet calls, and earned a good income. In 2006, he went cycling along the Sichuan-Tibet line and met his future wife, Jin Yangyang, which opened a new chapter in his life.
Starting a business
In 2008, Guo Hongcai and Jin Yangyang decided to start a business in Shanghai, selling Pingyao beef. Their life was hard in the early days, but gradually their business became prosperous and became a leader in Tmall. Although their life gradually stabilized, Guo Hongcai still longed for new challenges.
Contact Bitcoin
In 2013, Guo Hongcai and Jin Yangyang returned to Beijing. Jin Yangyang came across Bitcoin by chance at Garage Coffee on Chuangye Street in Haidian District and bought several hundred Bitcoins. Guo Hongcai initially thought it was a scam, but was soon attracted by the potential of Bitcoin and decided to devote himself to the field of Bitcoin.
Bitcoin Investment and Communication
Guo Hongcai took a gamble and borrowed money to buy Bitcoin. He also became active in the cryptocurrency circle through the video program "Bao Erye teaches you how to play Bitcoin step by step". In 2014, the Mentougou Exchange ran away, which caused Guo Hongcai to face huge losses, but he persisted. In 2015, he established a Bitcoin mine in Inner Mongolia and expanded his influence by promoting Bitcoin.
Rise and Fame
In 2016, Guo Hongcai became famous for participating in the Davos Economic Forum, where he made bold predictions about the future of Bitcoin, which attracted widespread attention. His statement, "If Bitcoin is less than $1 million in my lifetime, I will livestream eating XXX," became a classic and attracted a large number of followers.
ICO boom and wealth accumulation
In 2017, Guo Hongcai used his influence to promote multiple ICO projects and quickly accumulated wealth. Although there were many air-coin projects, he earned a huge fortune through the promotion fees. In September 2017, the central bank stopped all ICOs. Guo Hongcai turned around in time, moved to the United States with his family, and continued to invest in Bitcoin.
At the beginning of 2018, Bao Erye moved to the United States with his family and obtained a green card in a very short time. He then spent about 500 bitcoins to buy a 10,000-square-meter manor.
In addition, he spent 25 bitcoins to buy a white Rolls-Royce Phantom for his wife. Now there are three luxury cars parked in his manor, a white Rolls-Royce, a black limited edition Rolls-Royce classic car, and a silver Lexus. The black Rolls-Royce was bought by him in 2016 for 100 bitcoins.
Life and reflection
Guo Hongcai bought a manor and luxury cars in the United States and lived a wealthy life. He has always been famous in the cryptocurrency circle for his straightforward and vulgar remarks, and believes that cryptocurrency culture is grassroots culture. He made people remember him through bold bragging and simple marketing.
The Enlightenment of Master Bao
Persistence and luck: Guo Hongcai experienced the pain of a significant reduction in assets, but he eventually turned things around with luck and persistence. It is recommended that everyone invests cautiously and do not borrow money.
Potential of Bitcoin: Bitcoin production is limited, and long-term holding may bring huge returns.
Opportunity and timing: 2017 is a time to double your wealth, but opportunities are hard to come by. Everyone should be prepared to welcome the next bull market.
Blockchain prospects: Blockchain is still in its early stages and there are many opportunities in the future.
Long-term holding: In the cryptocurrency world, people who hold Bitcoin for a long time often get rich returns.
Guo Hongcai's story shows the transformation from a grassroots to a wealthy man, and also reminds us to maintain patience and insight in investment, and use the compound interest of time to realize wealth appreciation.
#宝二爷 #BTC☀