You only know that Li Xiaolai was once the richest man in Bitcoin, but you don’t know that in 2011, Li Xiaolai bought 2,100 BTC at an average price of 6 US dollars, and then it fell below 1 US dollar, and his assets shrank by 97%.
You only know that Zhao Changpeng was on the Forbes rich list, but you don’t know that in 2014, he sold his house in Shanghai and went all-in on BTC, and then the plummeting made him regretful and helpless.
You only know that Zhao Dong is an OTC trading boss, but you don’t know that in 2013, he bought 2,000 BTC for 1 million yuan. When his assets exceeded 100 million yuan, he suffered a total loss of 1.5 billion yuan and a debt of 60 million yuan in 2014. If you survive, it will be spring!
Now, you only know the immediate benefits, but don’t know the future market value! In this industry:
1. There is no bottom when it falls.
2. There is no limit when it rises.
3. If you can't bear the panic of 1 million turning into 100,000, you won't be able to enjoy the blessing of 1 million turning into 100 million.
