[Dare to explore and try, and there will be opportunities.]

1. In March 2016, my parents lost a lot of money in business and were pursued by creditors. I was afraid to go home and could only hide in the school library reading books. At that time, I had only one thought in my mind: I must earn a lot of money to repay the debt and regain my parents' lost dignity.

Carrying that sense of financial scarcity, I flipped through many books until I saw on the back of a book by an economics author his blog. After following it, I read an article about Bitcoin. I still remember the title: 'This thing will definitely change the world.'

I firmly believed in the content of the article and started frantically searching for all people and articles related to Bitcoin.

2. I found a way to buy Bitcoin and Ethereum on a platform called OTCBTC at that time. I remember I had 8,000 yuan and bought all Ethereum that cost less than 100 yuan.

3. By August 2017, I realized that the price of Ethereum had reached over 200 US dollars. When I opened my account, I found that the 8,000 had turned into over 200,000. I believed even more that blockchain would change the era. However, in September, a red-head document came out, and Ethereum plummeted back to over 100 US dollars. Many exchanges hurriedly cleared out and closed down. I heard that OTCBTC was also not very safe, but luckily I withdrew in time and got back to an exchange called bigone.

4. Soon after, the market began to recover again. Many projects claimed they could change the world. Many friends made millions or tens of millions by investing in various projects with Ethereum. I became anxious. At the most frantic time, I joined dozens of project groups with hundreds of people in a day and didn’t sleep until 3 AM. Whenever a project came out, I immediately transferred Ethereum over. I invested in a very good project at that time called Gongxinbao. I used less than 100,000 to get over 2 million, and I could sell it on a certain exchange. I really felt on top of the world, thinking I was destined to become rich. Later, I gradually invested a lot of the Ethereum I held, and at my best, I remember my account reached 3.8 million.

[Many times, slow is fast; just keep doing the right things repeatedly.]

5. As a result, the nightmare of 2018 happened. I thought I was still earning too slowly and, unwilling to accept it, I swapped all the remaining Ethereum for EOS and even used leverage based on the coins...

As you can imagine, later I was completely liquidated, only left with a little BTC that I had not withdrawn from my wallet, which at the time was worth just over 80,000.

6. I realized my mistakes after painful reflection; without a trading system, I operated chaotically. My understanding and experience were insufficient; no matter how much money I earned, I would eventually lose it all. Later, I became unhurried and continued to accumulate a large amount of Bitcoin and Ethereum during the bear market. My goal at that time was to buy 1,000 Ethereum and 100 BTC within a year.

[You may get hurt even if you do nothing.]

7. Just when I was about to reach my goal, the exchange ran away. I had hundreds of Ethereum and dozens of BTC stored in an exchange called FCION. As everyone knows, it was all gone. I calculated that it was about 10 million at that time, and after that, I was left with only over 5 million in value...

[Small bets can lead to big miracles. Don't get it wrong; if your abilities are insufficient, don't try to gamble big with small amounts.]

8. I began to diversify my assets, not putting all my eggs in one basket. I continued exploring, and in 2019, during a popular new project, I successfully gained a lot of BNB. Soon after, the rise of BNB brought me back to over 10 million.

9. Once again, in 2021, during the DeFi boom, I invested heavily in several DeFi coins. Later, all of them yielded returns of over ten times within a month. My account peaked at over 32 million; I felt on top of the world again, thinking that if I just doubled it again, I could reach over 60 million. Then I withdrew over 10 million and bought 10 other DeFi coins on various chains, all of which ended up going to zero.

[Whatever field you are passionate about, stick to that field. Blindly running to other fields will only lead to losses.]

10. The situation got worse. The overall market started to decline, and Bitcoin and Ethereum began to fall. I was anxious, as there was only left...

I had 18 million, and I sold half. I thought, if I don't cash out, it's all just numbers! I sold some BTC and ETH to cash out over 8 million, bought a house for my mom back home, built a villa, and made a down payment for a small apartment in Shenzhen.

11. Looking back now, the house prices plummeted. An 8 million house was halved to just over 4 million. The house I built was purely for consumption. I really felt that earning money in the crypto world was just to spend on houses.

[The ability to flexibly switch risk preferences is the key!]

12. I focused back on the crypto world and continued to look for opportunities. Later, I made 1,000 BNB from a project called Running Shoes and reallocated some altcoins. This time, I didn’t dare to take big risks with small amounts. I used less than 2 million, and then I did inscriptions and made over 20 times on ordi. At one point, my entire account had reached 53 million.

13. Good times didn't last long. I took out over ten million from the money on the ordi inscriptions and recklessly invested in some AI sector tokens, rushed into the meme coin Trump, and bought some NFT small pictures, all of which went to zero. Altcoins plummeted, losing over 70%, spitting out over 13 million. Every time I thought of taking a big gamble, it would end up going to zero.

……

[You need to passively lock your assets, but you also need to keep trying. Having gains and losses is the norm.]

14. On April 6, 2025, I sold all my houses and bought back the BTC I sold earlier when Bitcoin dropped to 75,000. After a major drawdown in my account, I was left with just over 30 million.

I permanently sealed Bitcoin in a cold wallet; only by locking it can it be safeguarded. I don’t leave more than 10% of total funds on exchanges; any excess goes back to the cold wallet.

The story continues, keep gambling, keep trying, reflect, get hurt, reflect again, and try again...

The market keeps changing; when a new thing appears, one must relearn. However, some things remain unchanged; good assets will always be good assets. New opportunities and new stories will always emerge.

When the market is bad, fiercely bottom-fishing for assets that won't die, and when the market improves, be bold to take risks first. You must be someone who can always afford to bet, afford to lose, and afford to win!

I wish us all can achieve our wishes. Let's go.