I was born in an ordinary family, without the support of favorable material conditions or the shining halo of family background. Although I was admitted to a 211 university through my own efforts, I found that my ability was mediocre at work after graduation, and I was like a blank sheet of paper in financial planning. As a result, by 2016, the funds I had saved up were less than 300,000 yuan.
New to real estate, with a small amount of capital accumulated
In 2016, I resolutely decided to buy a house, spending 830,000 yuan, with a down payment of 180,000 yuan. I didn't think much about it at the time, just thinking that the house was a real asset. Unexpectedly, when the house was sold in May 2017, it was sold for 1.29 million yuan. After deducting various fees and taxes and other miscellaneous expenses, I had nearly 800,000 yuan in my hand. This money made me taste the sweetness of investment for the first time, and also made me full of expectations for subsequent investments.
The stock market is up and down, and Bitcoin has encountered setbacks for the first time
In 2017, the stock market began to emerge. With the funds I had just received, I plunged into the stock market with a nervous and excited mood. I was cautious at first, buying stocks by thousands. However, by chance, I followed a big V on Weibo. The big V seemed to have a halo and boasted that he could accurately grasp the market trends. Under his advocacy, I bought 400,000 Tonghuashun at the peak of the stock market. But the reality gave me a heavy blow. In just two months, I lost 170,000. I had no choice but to sell at a loss. At that moment, I was full of regret and heartache.
Later, I was introduced to another person who took orders and agreed to split the profits 50-50 with him. Maybe it was my luck. I made 1.4 million yuan by following his operation that month, and I gave him 700,000 yuan. After tasting the sweetness, I soon came into contact with Bitcoin. At the beginning, I just wanted to make a few thousand yuan a day, but I didn’t expect that in just one month, my account evaporated 1.84 million yuan due to the liquidation of the contract. At that moment, I felt that my world collapsed, but it also aroused my determination to study the technology of currency speculation in depth.
Technological exploration, the cryptocurrency industry is gradually improving
I spent 199 yuan to buy more than 1,000 indicators on CoinWorld and devoted myself to the research of coin trading technology. Perhaps I found the trick, and in the subsequent operations in the coin circle, I seemed to have opened a cheat. The only 300,000 yuan in my hand at that time turned into 980,000 yuan after 3 months of operation.
At the end of 2019, the epidemic broke out and many people could only work from home. With the previous painful lessons, I was extra cautious this time and only invested 5,000 yuan each time. After making about 30,000 yuan, I found that many people in the market were advocating that a big bull market was coming. But with my keen intuition, I always felt that there seemed to be a crisis behind this, and I thought that the market was likely to plummet. So I decisively liquidated my position and shared my views on Weibo. This move made me gain the first batch of loyal fans.
Subsequently, the famous "312" incident broke out, which officially started my legendary life in the cryptocurrency circle.
The bull market is rising, and the situation changes suddenly. Below ⬇️167👆🏻🏎️
In May 2020, I invested 100,000 yuan to start a new round of operations. By August, the assets had reached 1.6 million yuan, but I didn't expect to suffer another heavy blow, and the 1 million yuan of wealth evaporated in an instant. However, I was not discouraged because I clearly felt that the bull market was waving not far away.
On October 3, 2020, I calculated the bottom of the bitcoin market accurately on November 5 through periodic calculations, and the actual situation was exactly the same as my prediction. This made me very proud. At that time, a fan in the group invested 100,000 at this time and later made 10 million.
As the market progressed, in April 2021, I made the first high point - 26 million. From the initial 300,000 to the current 26 million, both in terms of time and amount, it far exceeded my initial expectations. At this time, I changed to a job with an annual salary of about 350,000. However, I soon discovered a serious problem. Almost all altcoins have reached their peak in structure. Driven by the psychological rush to find new opportunities, I made a wrong decision - looking for the low-lying areas of the market and choosing domestic projects with weaker growth in this bull market.
Crisis strikes, survival
While I was doing these operations, the "519 incident" broke out. By July, I had only 18.5 million left of my 26 million assets. From July on, I started to get involved in contract trading. With a certain judgment of the market, by September 4, my assets reached 60 million. At this time, I resolutely submitted my resignation application and prepared to devote myself to the cryptocurrency circle.
However, fate always seems to like to play tricks on people. On September 4th, I went out to look at houses and prepare to buy a property. On the way, I seemed to notice that there were some problems with the market structure, so I quickly closed the 5.6 million contracts of Binance with one click. But misfortunes never come alone, because I opened more than 100 contracts on it at the same time, and OK and Huobi could not be closed with one click. Many currency contracts also have a single order limit, and FTX must be returned to the computer to operate. What's more terrible is that it was raining heavily in Jinan that day, the road was jammed, and my mobile phone was out of power. When I got home at night, all the contracts were liquidated.
I thought this heavy loss would wake me up, but when I thought about the fact that I needed another 4 million to buy a house and only had 5 million left, I decided to go all in with 10 times the investment, thinking that the goal was too low and doubling would be enough. However, things started to go in a bad direction.
After the Mid-Autumn Festival in October 2021, my assets were still 43 million. However, after a week of hard work, I actually earned back 5 million, and then I asked my friends to withdraw 30 million.
Subsequent twists and turns, brilliant again
From then on, I started to operate with small positions. By February 2022, there was still 400,000 yuan in the Binance account. From February to April 2022, 400,000 yuan became 2 million yuan; from June to August, 2 million yuan turned back to 800,000 yuan, and the assets began to decrease; from March to September 2023, 800,000 yuan turned into 300,000 yuan, once again returning to a relatively low starting point. But for me, this 300,000 yuan is the final bottom line in the upcoming bull market.
In October 2023, I was keenly aware that the small bull market was coming and began to actively operate. By March 2024, the assets reached 28 million. In May, I traveled around for a few months after clearing my positions. In September, I publicly bought the bottom on Weibo, and my current assets have reached 35 million. In early December 2024, I cleared my positions again, and the assets in my Binance account reached 48 million. After buying the bottom at the end of December, I chose to hold my positions. This round of bull market is really too difficult to play. The experience of the previous two rounds of bull markets is completely inapplicable here. The market has been changing, and I am constantly adjusting my strategy.
Looking to the future, we will not change our original intention
In my journey in the cryptocurrency world, I have missed three thousand-fold opportunities, four hundred-fold opportunities, and countless opportunities of ten or dozens of times. These experiences can only be buried in my heart, with nowhere to tell, and no one will really care.
Next time, when I make 100 million, I will withdraw the money and leave immediately. The road ahead is long, but my story continues. I seem to see the dawn of hope in the darkness. Although this opportunity is like a star in the night, looming, I firmly believe that as long as I don’t give up, I will be able to seize it and write my own legend in the cryptocurrency circle.#BTC重返10万 #BTC交易
