Let's talk about experiences and stories in the cryptocurrency world...

I have been in the cryptocurrency space for nearly ten years, experiencing significant ups and downs, with my assets peaking at nearly ten million. In 2015, influenced by two Bitcoin believers colleagues, I took out a loan of over a hundred thousand and bought Bitcoin with all my funds. At that time, the only exchanges in China were Huobi and OKEx, and I only came into contact with Binance later.

Not long after buying, domestic policies tightened, the price of Bitcoin halved, and withdrawals from exchanges were halted, forcing us to use foreign platforms and KYC for deposits and withdrawals. Many chose to exit. After much hesitation and discussions with several believers, I decided to hold on; they had hoarded a large amount of Bitcoin in their wallets, and I chose to wait, believing it would eventually be liquidated.

Subsequently, BTC and ETH trading pairs were introduced, and altcoins began trading off BTC and ETH benchmarks, leading to the rise of USDT and C2C trading, igniting a boom in the crypto market. My capital skyrocketed from hundreds of thousands to millions, a day in the crypto world equates to a decade in reality. The market was on a one-sided rise, with hot money pouring in to push prices higher. Forked coins like BCH (1:1 distribution) also brought additional profits, with one BCH peaking over 10,000, and holding a dozen BTC was equivalent to making hundreds of thousands in profit.

The profit-making effect of altcoins was also very strong. For example, XUC coin (now delisted) would typically remain stable but occasionally surge several times. I bought in during the stable period and placed a sell order at five times the price, which was executed within days. After several similar operations, I made at least two to three hundred thousand USDT. When my account peaked at nearly ten million, I fantasized every day about quitting my job and achieving financial freedom.

However, money comes quickly and goes just as fast. After selling part of my funds on C2C, I lost everything, and the crypto market crashed, with ICOs running away, leading to a significant reduction in funds. In the DeFi frenzy, only those who act fast can profit. Although I made a lot early on, Bitcoin has now risen to 100,000 USD, and I am heavily in debt. Friends who traded coins with me back then are now financially free; perhaps that’s just fate.

Recently unemployed at home, I scroll through platform X daily to check trading dynamics, feeling lost and wanting to return to the crypto space. But now making money in crypto is challenging, on-chain gameplay is complex, and there are many tricks and scams. Newcomers must be cautious; high returns displayed on platforms are often unreliable, the communication atmosphere is poor, and most comments are from trolls, plus there are fan thresholds for opening chat rooms. I hope to find like-minded friends to share insights; feel free to leave a message or follow me (I will definitely reply), and once I open the chat room, we can discuss together. Additionally, my nickname may seem a bit exaggerated; I haven't thought of a new name yet, so please don't criticize.