If I spent 20,000 yuan to buy Bitcoin 10 years ago and hold it until now, would I be rich?
I mined Bitcoin for several months in the summer of 2011. I mined 100 Bitcoins and sold 92, leaving 8 as souvenirs.
As a result, I was short of money and sold 6 of them for 4,000 yuan each. At that time, I owed the dormitory fee for studying abroad for half a year. If I didn't pay the tuition, I would drop out of school.
Later, I was short of money again, my credit card maxed out, and I sold another one for more than 10,000 yuan.
Now there is only one left.
I recently mined Ethereum, plus a free BCH, which can be regarded as a memory of digital currency for more than ten years.
If I wasn't so short of money in the middle I might keep eight. Unfortunately, as ordinary people, there are not many chances for a comeback. I asked my parents to help me buy a house 10 years ago. As a result, the house price went up and my parents forced me to sell it six months ago. After living in a house worth 700,000 yuan for four years, I didn’t even make 100,000 yuan. Now look at it, it has increased two or three times.
If you are poor, it is really difficult to make a comeback. If you want to make a comeback, you have to have some capital. People who could spend 20,000 spare dollars to buy coins 10 years ago probably don’t need to make a comeback.
In fact, none of the friends who have been mining coins together for 2011 have a few coins left.
Of course, from the day I started mining, I was very happy to be able to eat pie from the sky. It's all free money, why should you be sad? The sad thing is that I have been poor for ten years.
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