2013 was a crazy year. Bitcoin skyrocketed for a whole year. It rose from a few hundred yuan to 8,000 yuan. I will always remember that Alipay launched Yu'ebao on June 6, 2013.
The market was a little quiet in 2014.
The capital market continued to be crazy in 2015. A-shares were bullish, and there were legends everywhere about making money from stocks and buying luxury cars. A friend in my group lost all the money he earned from the currency market in the stock market, and panicked to complain to me that a stock allocation platform had cheated him. In 2015, housing prices began to take off, and domain names ushered in a bull market in 2015. It was also the year when online loan financial management rose.
In 2016, houses across the country were skyrocketing. I looked at houses everywhere and went to many sales offices, but they all said they were sold out.
In 2017, the currency market was bullish, and the currency circle raised funds for national tours. It was also easy to withdraw cash at that time. A friend of mine withdrew several million in a week and was not troubled by anyone.
After that, the currency market began to move towards mediocrity. From 2018 to 2020, it was just the residual heat. In 2021, it rose again, but it was no longer as glorious as in 2017.
2018 was the year when online loan and financial management collapsed. The domain name market also continued to decline and never recovered. The same is true for the housing market and stock market.
In 2022-2023, the currency market continued to be mediocre, and the entire investment market continued to be mediocre.
If it is a cycle of ten years, the capital market should move.
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