The first time I came into contact with Bitcoin was in 2011. A classmate of mine mysteriously told me that he saw something called Bitcoin on the Internet. You can get it by running a program on your computer, and then he ran away with his laptop. stand up. I calculated the mining efficiency at that time, laughed at him secretly in my heart, and didn't take it to heart. Two years have passed, and I keep seeing Bitcoin news on the news. When I look at the price, it’s more than 3,000 yuan! I broke my thigh, so I negotiated with another classmate and jointly bought 3 Bitcoins. As a new Leek, chasing the rise and killing the fall is the basic operation. Fortunately, I did not suffer much losses along the way. In 2014, I noticed Litecoin and learned about Litecoin-related information: the total issuance is 4 times that of Bitcoin, and the transaction efficiency is higher than Bitcoin... and there was widespread talk of "Bitcoin Gold Lite Silver" at that time. I I thought, maybe the price of Litecoin could become a quarter of that of Bitcoin in the future, so I exchanged the 3 Bitcoins in my hand for more than 100 Litecoins. Some time passed, and Litecoin fell to more than 30 amidst bad news again and again. I exchanged the Litecoin back for RMB amidst questions from my classmates and gave it all to him. When the time came in 2015, a client of my father’s business asked me many questions about Bitcoin. Because I majored in computer science, I often helped her solve computer problems, so she trusted me more. She held 1,000 Bitcoins in her hand at the time, but with the constant bad news, she didn't know what to do. So I patiently explained to her the principles of blockchain and what a 50% attack is, and gave her a conclusion: if you are not optimistic about Bitcoin, it will return to zero sooner or later! It is best to sell all 1,000 Bitcoins. I also taught her how to borrow coins on OK to go short. At that time, she said to me very gratefully: "It turns out that you can still make money in this way." Three years later, Bitcoin once again became a hot search topic. My classmate looked at the price of Bitcoin and said to me with a smile: " You succeeded in killing a billionaire." But my dad's client didn't blame me, saying that even if he didn't sell it at the time, he still couldn't hold it. Then she heard about Ethereum from a friend and wanted me to research it.I was already disillusioned with the currency circle at that time, and just told her that Ethereum was an imitator of Bitcoin and had no value like Litecoin... It was already August 2021 when I paid attention to the currency circle again. My classmate told me that at that time, I insisted on Another classmate of Bitcoin had already made money and took him to mine Ethereum and asked me if I was interested. I hesitated... After another two months, I read the Ethereum white paper carefully, and got on the bus in October 2021. At this time, the price of Ethereum was 3000U. And when the price of Ethereum reached 4800U, I thought it would rise again... What happened next, as everyone expected, I was trapped. However, this time I have a zeroing mentality: as long as I don’t sell it, you can’t even think of cutting my leeks. So, I have been holding Ethereum and persisting until today... insist on holding or unwinding and exiting? I faced another choice...$BTC $ETH

I got involved with Bitcoin in 2011 and have experienced three rounds of bull and bear markets. I’ve summarized a few points of experience that I hope will help you if you are new to the crypto world:
Bull markets are more likely to lose money: Even seasoned traders find it hard to control their human nature. Chasing prices may not necessarily result in losing USDT, but it will definitely result in losing coins. The way to minimize losses in a bull market is to reduce trading activities. In the bull market of 2013, almost everyone in the tech industry had some Bitcoin, but what about now?
Bear markets are easier to make money: When your digital currency drops to a certain level, further declines no longer make you feel uncomfortable. Bear markets are full of opportunities, and it’s easy to accumulate digital currencies. Between 2022 and 2023, Ethereum priced below 200 was always available for purchase.

In terms of growth, Ethereum is clearly lagging behind Bitcoin in 2024. Since 2016, this is the third time the ETH/BTC relative trend line has shown a downward trend.
Bitcoin has reached the $70,000 mark multiple times, but the price of Ethereum has dropped each time. When Bitcoin first reached $70,000, the trading price of Ethereum was $4,000. When Bitcoin reached $70,000 for the second time, Ethereum had dropped to $3,700. When Bitcoin reached $70,000 for the third time, Ethereum had dropped to $3,300. When Bitcoin reached $70,000 for the fourth time, Ethereum further declined to $2,600.