Experience in the cryptocurrency circle: From becoming rich overnight to having nothing in the cryptocurrency circle
When Bitcoin was first released in 2009, the price was less than 1 cent, and 1 US dollar could be exchanged for 1,300 Bitcoins. By the end of 2017, it soared to 18,000 US dollars, and then fluctuated continuously. Since the end of 2020, it has experienced another round of crazy growth. In March 2021, Bitcoin has exceeded the 60,000 US dollar mark. Although it has recently fallen back to nearly 40,000 US dollars, it has still skyrocketed by thousands of times. In other words, if you bought Bitcoin with the money for a pack of cigarettes in the early days, you are at least financially free now.
But now, Bitcoin is already a "tall, rich and handsome" person who can't afford it, and it is difficult to see a thousand-fold surge again. Everyone is counting on these altcoins and animal coins to turn over.
Moreover, more and more young people with no investment experience are joining this wealth carnival. Steven is a post-90s. He saw that his colleagues around him were buying Dogecoin and SHIB, so he also bought 600 yuan. Another player born in the 1990s, Youzi, basically had no investment experience and did not know what cryptocurrencies and blockchains were. He invested only 400 yuan at the beginning, but was pleasantly surprised to find that his returns quadrupled in two days. He realized: "This is my only chance to change my class."
"After joining several SHIB groups, I found that they were all born in the 1990s and 2000s. They hoarded SHIB to buy hope. The traditional market told me that houses are value-preserving, but I can't afford it; people who made money in the currency circle told me that Bitcoin is value-preserving, but I can't afford it either."
Because the market of cryptocurrency is so good, many young people made money for the first time. Perhaps the money came too quickly, and many people were overwhelmed by the huge profits.
In 2011, he bought 6,000 yuan of Bitcoin, so his current net worth is over 100 million. Of course, there were very few people who dared to do this at that time, and those who persisted were the ones who benefited the most from the Bitcoin wave.
This is also the charm of Bitcoin.
The budding of China's currency circle began in 2009
Because he accidentally received an email introducing the Bitcoin system, Wu Gang started mining using the company's computer.
At that time, Wu Gang did not realize that he was at the forefront of China's cryptocurrency circle, but unfortunately, when he resigned from his original company, he lost his wallet file, which contained 8,000 bitcoins he had mined before. Based on the current price, this wealth is as high as 500 million yuan.
In 2011, Wu Gang entered the market again and bought 300,000 yuan worth of Bitcoin. More importantly, some other well-known figures in the currency circle also officially entered the market in 2011, including Li Xiaolai, Zhao Dong, Kaomao (Jiang Xinyu), Wu Jihan, Pumpkin Zhang (Zhang Nanqian), Chang Jian (Liu Zhipeng), etc., all of whom started to contact Bitcoin and bought a large amount around 2011.
This group of "classmates" were all frequent customers of Garage Coffee, and Zhao Dong was the CTO of Garage Coffee at the time. This coffee shop located on the second floor of No. 48 West Street, Haidian, can be regarded as the gathering place of the first bigwigs in the domestic currency circle. Guo Hongcai (called "Bao Erye" in the currency circle) simply called it the "origin of the currency circle."
On November 28, 2012, the supply of Bitcoin blocks was halved for the first time, from 50 in the previous 10 minutes to 25, and the issuance of Bitcoin accounted for half of the total issuance of 21 million. At this time, the price of Bitcoin was US$12.4.
Garage Coffee really became popular in 2013. Someone followed the example of the programmer named Laszlo Hanyecz and bought a cup of coffee with Bitcoin. CCTV also reported the incident. This cup of coffee brought a lot of attention to Garage. Many cryptocurrency speculators and entrepreneurs came to make a pilgrimage, including Li Lin, the founder of Huobi.com.
Born in the countryside of Loudi, Hunan in 1987, his parents are farmers.
There is no shortage of stories of overnight wealth and myths of becoming famous in the cryptocurrency circle. Yi Lihua is one of them.
Yi Lihua is the third child. His parents make a living by farming and live in poverty. But they try their best to support him and his brothers to study.
Yi Lihua took the college entrance examination three times and studied at Shanghai University of Technology in 2006. He took the road of changing his destiny through the college entrance examination.
He was sensible at an early age. He started working part-time and starting a business while studying in Shanghai. After graduation, he joined a private enterprise in Jiaxing, Zhejiang.
This is a company that makes cabinets. Yi Lihua mainly does marketing. After staying in Jiaxing for a year, he returned to Shanghai to start a business.
He has been trying to start a business, but he has not made any money in 2 or 3 years. Someone introduced him to a girlfriend, but he didn't even have money to treat her to a meal.
Yi Lihua's understanding of entrepreneurship is very superficial, which is to do various small businesses, such as selling watches, selling software, and doing activities.
In order to save money, he rented a two-bedroom apartment in Shanghai, rented out two of the rooms, and slept on the sofa in the living room to avoid rent.
I usually eat in the cafeteria of Fudan University, which costs three or four yuan per meal. I also use the Internet and desks at school to work. I once spent 1,800 yuan to survive for 9 months.
Finally, I earned 3,000 yuan by organizing an event to get through the difficulties. This may be the reason why God wants to give a man a great responsibility. He must first make his mind suffer, his muscles and bones tired, his body hungry and his body empty.
That period was very difficult. He said that if he did it again, he would definitely not be able to hold on. But it was the hardships of life that paved the way for changing his destiny later.
During the most difficult days, by chance, in a government investment promotion, in order to find an investment institution, he looked for all the business owners he knew in Shanghai.
From technology to team, to business model, he analyzed and understood them one by one, and finally selected from 400 people and submitted materials for them one by one. Yi Lihua successfully earned the first 5 million in his life.
He was reluctant to spend money, and later his family fooled him into buying an ordinary apartment in Changsha. The rest of the money was all used for equity investment.
After making his first pot of gold in 2013, he started to do classical investment and served as a partner and director of Zhongwo Investment.
In 2015, when Yi Lihua was doing equity investment, he found one of the earliest blockchain companies in China, which was also the earliest company in China to start mining.
The world's martial arts can only be broken by speed. Yi Lihua is well aware of this.
Yi Lihua, who became interested in blockchain, immediately took out 600,000 to try mining.
When many people were hesitant about Bitcoin, Yi Lihua's action was the fastest and he bought Bitcoin with almost all his money.
At the beginning, Yi Lihua mainly mined BTC. The price of ETH at that time was a few yuan, and some people said that it would rise to more than ten yuan.
