赵东
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You only know that CZ made it onto the Forbes billionaire list, but you don't know that in 2014 he sold his house in Shanghai and went all in on BTC, only to regret it helplessly as it plummeted…#赵长鹏离职
You only know that Zhao Dong is a big player in over-the-counter trading, but you don't know that in 2013 he bought 2000 BTC for 1 million, turning it into assets worth over a billion, and in 2014 he had three futures liquidations with total losses of 1.5 billion and debts of 60 million…#赵东
If you can endure, spring will come!
Now, you only see immediate benefits, but you don't know the future market value!
In this industry:
When it drops, there is no bottom.
When it rises, there is no limit.
#BTC $BTC $ETH #tuodi
You only know that Zhao Dong is a big player in over-the-counter trading, but you don't know that in 2013 he bought 2000 BTC for 1 million, turning it into assets worth over a billion, and in 2014 he had three futures liquidations with total losses of 1.5 billion and debts of 60 million…#赵东
If you can endure, spring will come!
Now, you only see immediate benefits, but you don't know the future market value!
In this industry:
When it drops, there is no bottom.
When it rises, there is no limit.
#BTC $BTC $ETH #tuodi
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Zhao Dong, a big shot in the cryptocurrency circle, recalls: I was in debt of 60 million during the most difficult time
Yesterday, Zhao Dong, a famous early investor in digital currency and founder of DFUND Fund, talked about some of his own interesting past events.
I first came into contact with BTC, of course, because of "speculation". At first, I traded by myself. Later, some friends from Garage Coffee saw that I was making money quickly and wanted to invest in me to make money together.
My history is: first I made a lot of money, then I became self-inflated and thought I was omnipotent, thought I could manipulate the market and predict the market, so I became more greedy and started to leverage. On February 10, 2014, I finally went bankrupt, losing 9,000 BTC that day, which was equivalent to 8 million US dollars at the time.
That was my first bankruptcy, and it was just the beginning of my losses in 2014. In fact, my total losses in 2014 reached nearly 150 million yuan. Another loss came from my Bitcoin mine.
After my bankruptcy, I raised funds again due to lack of funds (this is another new debt). The mine was operating well in the early stage, and it was put into production in February and the initial investment was recovered in April.
When I was in the most difficult time, I only had 100,000 RMB and a debt of 60 million RMB. And next month, my son will go to elementary school and he has to pay a sponsorship fee of 50,000 RMB.
Of course, I have two children and my parents. What will happen to them if I don't hold on? If I commit suicide, my family may not be able to pay off my huge debt in several lifetimes.
Later I realized that the most important thing is that if you believe that you are doing a career, you must persist and not get off the bus. Of course, persistence is very difficult. There is a saying that goes like this: I don't know what persistence is, it's all about persistence. I just feel that I can't die and have to hold on.
So, I relied on the credit I had accumulated before, and did over-the-counter transactions little by little to make up for the debt. At the worst time, a single transaction was less than 3,000 RMB, and the profit was 60 RMB. 🐍+:pggone1521 And at the best time, a single transaction was nearly 100 million US dollars. #币圈故事会 #赵东 #非农就业人数高于预期 $BTC $BNB
Yesterday, Zhao Dong, a famous early investor in digital currency and founder of DFUND Fund, talked about some of his own interesting past events.
I first came into contact with BTC, of course, because of "speculation". At first, I traded by myself. Later, some friends from Garage Coffee saw that I was making money quickly and wanted to invest in me to make money together.
My history is: first I made a lot of money, then I became self-inflated and thought I was omnipotent, thought I could manipulate the market and predict the market, so I became more greedy and started to leverage. On February 10, 2014, I finally went bankrupt, losing 9,000 BTC that day, which was equivalent to 8 million US dollars at the time.
That was my first bankruptcy, and it was just the beginning of my losses in 2014. In fact, my total losses in 2014 reached nearly 150 million yuan. Another loss came from my Bitcoin mine.
After my bankruptcy, I raised funds again due to lack of funds (this is another new debt). The mine was operating well in the early stage, and it was put into production in February and the initial investment was recovered in April.
When I was in the most difficult time, I only had 100,000 RMB and a debt of 60 million RMB. And next month, my son will go to elementary school and he has to pay a sponsorship fee of 50,000 RMB.
Of course, I have two children and my parents. What will happen to them if I don't hold on? If I commit suicide, my family may not be able to pay off my huge debt in several lifetimes.
Later I realized that the most important thing is that if you believe that you are doing a career, you must persist and not get off the bus. Of course, persistence is very difficult. There is a saying that goes like this: I don't know what persistence is, it's all about persistence. I just feel that I can't die and have to hold on.
So, I relied on the credit I had accumulated before, and did over-the-counter transactions little by little to make up for the debt. At the worst time, a single transaction was less than 3,000 RMB, and the profit was 60 RMB. 🐍+:pggone1521 And at the best time, a single transaction was nearly 100 million US dollars. #币圈故事会 #赵东 #非农就业人数高于预期 $BTC $BNB
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