My family background is average. Although I graduated from a 211 university, my work ability is average and I don’t have any financial planning. So by 2016, I had only saved less than 300,000 yuan.
1. I bought a house in 2016 for 830,000 yuan, with a down payment of 180,000 yuan. I sold it in May 2017 for 1.29 million yuan. After deducting miscellaneous items, I had about 800,000 yuan in my hands at that time.
2. In 2017, the stock market started to take off, and I tried to buy stocks, usually a few thousand. Until one time, I believed a big V on Weibo (that person was amazing, anyway, it was similar to my experience later), and bought 400,000 Tonghuashun at the high point. After 2 months, I lost 170,000, so I sold it at a loss. Then I found another person to take the order, and agreed to split it 50-50. That month, I made 1.4 million, and gave him 700,000.
3, at this time I got in touch with Bitcoin, initially wanting to earn a few thousand every day, until a month later my contracts blew up with 1.84 million.
4, from then on I started studying cryptocurrency trading techniques, I spent 199 to buy over 1,000 indicators on Coin World, later on, I excelled in the crypto world, turning the 300,000 I had into 980,000 in 3 months.
5, at the end of 2019, the pandemic broke out, working from home, having learned from previous painful lessons, I decided to only trade with 5,000, after making about 30,000, many people saw the bull market coming, I sensed something was wrong, thinking there would be a crash, so I cleared out and posted on Weibo. This also gained me my first batch of followers.
6, then, the 312 incident broke out. It officially started my legendary life in the crypto world.
7, in May 2020, invested 100,000, in August 2020, reached 1.6 million, then lost 1 million. I clearly remember the next day my mentor chatted with me, he was amazed at how I could lose 1 million and still be cheerful. I knew clearly that the bull market was just ahead.
8, on October 3, 2020, I calculated the bottom time of Bitcoin - November 5, and it was spot on with the actual bottom time later, which was my proudest moment; one fan in the group invested 100,000 that day and earned 10 million afterwards.
9, then came the bull market, by April 2021, I earned my first peak of 26 million, both in terms of time and amount, I had reached my initial goal. At this time, I also changed jobs, with an annual salary of around 350,000. At this moment, I discovered a serious problem, that is, almost all altcoins had peaked structurally, so I made a serious mistake - looking for low-lying areas, which meant choosing to invest in domestic projects that had weaker momentum in this bull market.
10, the 519 incident broke out, by July, I had 26 million left with 18.5 million, in July I started trading contracts, and by September 4th, I reached 60 million. I submitted my resignation.
11, on September 4th, I went out to look at houses, preparing to buy a property. On the way, I seemed to see some structural problems, so I closed my Binance contract worth 5.6 million with one click. However, because I had opened over 100 contracts on OK, Huobi, FTX, and Gate simultaneously, I couldn't close them all at once on OK and Huobi, and many coin contracts had a single order limit; FTX required me to return to my computer to operate. To make matters worse, it rained in Jinan that day, and the traffic was incessantly blocked, and my phone ran out of battery. By the time I got home that night, OK, Huobi, FTX, and Gate all blew up.
12, at this moment I should have stopped, but thinking about the house I wanted to buy for 4 million, with only a bit over 5 million in hand, I got greedy and decided to fully invest 10 times, with a very low target, just to double.
13, things started to get bad.
14, after the Mid-Autumn Festival in October 2021, I lost down to 43 million, a week later, I earned back 5 million and withdrew 30 million with a friend.
15, from then on I started to operate with small positions, and by February 2022, I still had 400,000 in Binance.
16, from February to April 2022, 400,000 turned into 2 million
17, from June to August 2022, 2 million turned into 800,000, and then started to decrease.
18, from March to September 2023, 800,000 turned into 300,000, and I started to reduce, still holding 300,000, for me, this 300,000 is the last bottom line in the upcoming small bull market.
19, in October 2023, I realized the small bull market was coming, started trading, and by March 2024 reached 28 million.
20, cleared out in May 2024 and traveled around for a few months, publicly bottom fishing on Weibo in September, current assets have reached 35 million.
21, clearing out in early December 2024, assets of 48 million in Binance account, after bottom fishing at the end of December, currently holding positions, this round of bull market is too difficult, the experiences from the last two rounds of bull markets are completely inapplicable here, the market keeps changing, and I am changing too.
22, the story continues, I am back again.
I am waiting for an opportunity. However, this opportunity is like stars in the night, always elusive. In the crypto world, I have missed 3 opportunities for a thousandfold return (missed means it skyrocketed just after I sold), 4 opportunities for a hundredfold return, and countless opportunities for tenfold or dozens of times returns. These are unspeakable, and no one really listens. Next time when I make a billion, I will cash out immediately and leave. The road ahead is long, my story continues...