In 2013, when I was working at Ping An Insurance in Shenzhen, a colleague kept persuading me to buy Bitcoin.$BTC . He annoyed me almost every day, and then I was finally tempted. I spent two-thirds of my monthly salary and 3,500 yuan to buy five bitcoins. After buying them, I paid attention to the price every day. Not only did I not make any money for a few months, I even lost hundreds of yuan. Later, I stopped watching. After a month, when I opened my account again, I found that the funds had risen to 7,000 yuan, so I sold them immediately.
After selling it, I deeply felt the charm of cryptocurrency. Since then, I have been looking forward to Bitcoin falling to around $100 again before buying it, but I have not waited until now for this opportunity.
In 2017, I started to pay attention to Filecoin ($FIL), and after being persuaded by a friend, I spent more than 200,000 RMB to buy a mining machine. Then I kept waiting for the launch of the Filecoin mainnet, which ended up taking several years.
By 2019, I had 1 million yuan in spare money and was more sensitive to the cryptocurrency world. Based on various information and signals, I bought 1,001 Ethereum, spending a total of 950,000 yuan, and used the rest of the money to buy Ripple.
In October 2020, everything went as I expected. Ethereum rose to RMB 2,700, Ripple also soared, and my total funds were close to 3 million.
At the same time, the long-awaited Filecoin mainnet was finally launched, and I discovered that the mining machine I bought first was actually fake, and the project owner had already run away with the money.
After going through so much, I sold all my coins and bought 2 million Filecoin on Huobi, with the transaction price between 150 and 170 yuan. I went all in. Unexpectedly, the remaining Ethereum rose to 2 million yuan. I was still too narrow-minded, so I immediately cashed out to USDT, intending to buy back when it fell, but I never had the chance again. Later, I gradually cashed out and bought two houses. At that time, large-amount payments were not so strict.
Then I watched Filecoin soar to a high of 1,000 yuan, with total assets exceeding 10 million. At that time, I always felt that Filecoin, this rising star, would sooner or later become the most powerful currency like Ethereum after time has settled.
When Filecoin rose to 1,400 yuan, I held nearly 13,000 Filecoins, and my assets were close to 16 million yuan. I was calm and happy, thinking that this was the result of my prediction and I was ready to continue holding it.
A friend advised me: "You are already a multi-millionaire, why be so carefree, cash out and live a good life, your quality of life will not be bad." I think what he said makes sense, so I plan to cash out 1.5 million USDT and deposit it into my wallet, and then convert it into RMB.