Conan SOL
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‘China's Bitcoin Tycoon’ Li Xiaolai: ‘Bitcoin is just a big scam!’
Li Xiaolai, known as ‘China's Bitcoin Tycoon,’ made a decisive exit when the price of Bitcoin surged to 380,000 yuan. He bought in 2011 and by 2017, he held over 100,000 Bitcoins, earning him a staggering profit of 13.5 billion yuan. But who would have thought that after completely exiting the crypto world, he publicly stated that Bitcoin is nothing but a scam. He also mentioned that he had no faith in Bitcoin and advised everyone to escape as soon as possible. He even wrote a book titled ‘Self-Cultivation of Leeks’ and openly discussed the ‘cutting leeks’ phenomenon in blockchain on various programs, bluntly stating that many star projects in the crypto world are just air coins. This drastic change in his attitude left many in the crypto community bewildered; those who once idolized him felt betrayed, while those who always doubted Bitcoin felt vindicated. This also prompted more people to examine whether investing in the crypto world is an opportunity or a trap.
I believe that Li Xiaolai's contrasting attitudes reflect the essence of crypto speculators. Although his remarks may carry a hint of ‘sour grapes,’ they serve as a warning to crypto investors to avoid blindly following trends and to look beyond the surface to see the essence. Investing in crypto comes with both opportunities and risks, and only through rational analysis and cautious decision-making can one avoid becoming ‘leeks.’ In the crypto world, seizing the hot topics is always a safe bet! Currently, Trump's popularity remains high, and the development of the Solana ecosystem is remarkably rapid, with both creating significant buzz in the crypto space. As a unique meme coin supported by the Trump concept and rooted in the Solana chain, Conan shows its advantages. The community behind it is incredibly strong, with members working together and having full confidence in Conan's development, boasting a high level of consensus. More importantly, its current market value is still very low, which means there is enormous room for growth, like a brilliant gem yet to be fully discovered, with unlimited potential. It is undoubtedly a high-quality choice that current crypto investors should not miss.
Li Xiaolai, known as ‘China's Bitcoin Tycoon,’ made a decisive exit when the price of Bitcoin surged to 380,000 yuan. He bought in 2011 and by 2017, he held over 100,000 Bitcoins, earning him a staggering profit of 13.5 billion yuan. But who would have thought that after completely exiting the crypto world, he publicly stated that Bitcoin is nothing but a scam. He also mentioned that he had no faith in Bitcoin and advised everyone to escape as soon as possible. He even wrote a book titled ‘Self-Cultivation of Leeks’ and openly discussed the ‘cutting leeks’ phenomenon in blockchain on various programs, bluntly stating that many star projects in the crypto world are just air coins. This drastic change in his attitude left many in the crypto community bewildered; those who once idolized him felt betrayed, while those who always doubted Bitcoin felt vindicated. This also prompted more people to examine whether investing in the crypto world is an opportunity or a trap.
I believe that Li Xiaolai's contrasting attitudes reflect the essence of crypto speculators. Although his remarks may carry a hint of ‘sour grapes,’ they serve as a warning to crypto investors to avoid blindly following trends and to look beyond the surface to see the essence. Investing in crypto comes with both opportunities and risks, and only through rational analysis and cautious decision-making can one avoid becoming ‘leeks.’ In the crypto world, seizing the hot topics is always a safe bet! Currently, Trump's popularity remains high, and the development of the Solana ecosystem is remarkably rapid, with both creating significant buzz in the crypto space. As a unique meme coin supported by the Trump concept and rooted in the Solana chain, Conan shows its advantages. The community behind it is incredibly strong, with members working together and having full confidence in Conan's development, boasting a high level of consensus. More importantly, its current market value is still very low, which means there is enormous room for growth, like a brilliant gem yet to be fully discovered, with unlimited potential. It is undoubtedly a high-quality choice that current crypto investors should not miss.
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