Once you have made a lot of money and enjoyed the joy and confidence that quick money brings you, it will be difficult to adapt to the disappointment of "making money slower" and it will also be difficult to give up the idea of obsessing over shortcuts.
The cryptocurrency craze has created a huge human stage: greed, fear, fear of gain and loss, and collapse of faith. All characters are helpless and feel the ruthlessness of the capital market. All past cognitions have been broken and reorganized. Knowing technology, having connections, and having education cannot guarantee that you will get out of this unscathed.
At the beginning of 2017, I withdrew from the physical world and entered the cryptocurrency circle. I handed over everything in the physical world to my partner and left with nothing. I remember that it was in a QQ group at the beginning. I spent a week thinking about how to buy coins and how to participate in the initial offering. I have always adhered to the principle of acting first and then worrying, so I just did it at that time. Thanks to the hot market, after tasting a few waves of dividends, I began to learn and teach the Internet finance concept, pointing out the way forward and making bold statements.
I have participated in many projects and met many people in the cryptocurrency circle. It was very lively at that time, with endless private messages and group replies every day. What impressed me most and what I regret most in my life is that I participated in Binance's private placement. I was the 771st registered user of Binance.
Binance was launched on June (or July) 15, 2017. Before the launch, I did not have an in-depth and objective understanding of the project, nor did I have enough knowledge of CZ’s currency-to-currency trading. But at that time, I just had a feeling that the name "Binance" made me feel that it would definitely stand out in the future and become a superstar in the crypto industry. So I intuitively raised more than 97,000 BNBs in a private placement. The unit price was approximately RMB 0.88 at the time. I also told this news to a brother who has been with me for more than 10 years, and he also invested in it, which is almost 70% of my position.
Because there were too many projects at the time, my funds were too dispersed, and the conditions were not very good. I could not wait too long, and I did not have the long-term investment concept, so I planned to sell at a reasonable price and make a profit when the project went online on the 15th.
Actually, I have a computer at home, but because I am looking forward to it, trading at home is not exciting, so I went to the Internet cafe to trade, and betel nut cigarettes and Red Bull must be in place. But when I walked from home to the gate of the community, a magical thing happened - it rained heavily, the kind that can make people become a drowned chicken in 3 seconds. It was cloudy when I went out, and I didn’t bring an umbrella. I actually thought about it, or I would forget it and not sell it, but the arrival of an empty taxi made me continue to run to the Internet cafe. In this way, God did not stop us. My friend and I sold all at a price close to the cost (I was very disappointed with Binance at the time). After selling, BNB went into a break, and I was glad that I stopped the loss.
Later, bnb continued to grow rapidly, rising to a maximum of RMB 4,500 per coin, and currently remains at RMB 1,800 per coin. Binance has also become the world's largest exchange, and its founder CZ has also been listed on Forbes, with a maximum net worth of nearly 500 billion.
I have had regrets like Binance several times, but the others were not as profound. But fortunately, I also got some leftovers in 2017, 2019 and 2021, which finally made me feel worthy of my career choice and the people around me, and I can be considered a "lucky guy".
Looking back at myself, I probably saw a very unrealistic version of myself at the time. However, through reflection and feedback from friends in recent years, I think I have a better understanding of myself.
