At the time of Bitcoin hitting 100k, reading such articles feels quite interesting, looking at the path to financial freedom of the old OGs.
Heroes are made by the times; in the crypto world, Chinese people have many labels, the best exchanges, the worst projects, we have experienced them all.
You might think that the old OGs have nothing left but luck besides their knowledge, but in fact, they have become a part of the foundation of the crypto world, even though some of them have already vanished from the scene. Without these people, we would at least lag 5 years behind.
I remembered that tweet I posted earlier—
You only know that Li Xiaolai was once the #Bitcoin billionaire, but you don’t know that in 2011, he bought 2100 #BTC at an average price of 6 dollars, which later fell below 1 dollar, experiencing a 97% drop in assets.
You only know that Zhao Changpeng made it to the Forbes billionaire list, but you don’t know the courage he had in 2014 when he sold his house in Shanghai and went all-in on Bitcoin.
You only know that Zhao Dong is a big shot in over-the-counter trading, but you don’t know about his collapse in 2014 when he faced three futures liquidations with a total loss of 1.5 billion and a debt of 60 million.
This industry is just like that:
1. When it falls, there is no bottom.
2. When it rises, there are no boundaries.
3. If you can't handle the panic of turning 1 million into 100k, you won't enjoy the blessings of turning 1 million into 100 million.
Now, the small fluctuations in front of us are just minor episodes in a grand narrative! If you get through it, it’s spring!
Interested parties can see the original text: https://mp.weixin.qq.com/s/ORX9rk8bTwvZNI0GhxRuKg
