When it comes to cryptocurrency, the first thing that comes to mind is "Bitcoin", which was born after the 2008 financial crisis.

On November 1, 2008, Satoshi Nakamoto proposed the concept of Bitcoin.

On the night of January 3, 2009, he pressed the start button, and the world's first node was lit up. It was an extraordinary night, the night when the Bitcoin Genesis block was born. Perhaps he had already anticipated that the development process of Bitcoin would be like the lights outside the house.

The original intention of its invention was to solve some problems of the traditional monetary system. You can search Baidu for the various reasons for the outbreak of the financial crisis. It is too complicated to explain in a few words. Here, I will simply tell you another point: if you put your money in the bank, even if you know your bank card password, the bank still has the right to freeze your funds. In the cryptocurrency world, as long as you have the private key, no one can freeze your assets. This is the difference between centralization and decentralization.

Vitalik Buterin, the founder of Ethereum, played World of Warcraft when he was a kid. He was furious when the attributes of one of his favorite characters were changed by Blizzard. In 2013, he learned about Bitcoin and was attracted by its decentralized nature, which led him to the blockchain industry. I don’t know if I should say this, but centralization and decentralization are more or less the same as democracy.

Now that you have faith, how do you trade? Just download the exchange. If you don’t know how, you can ask me. It’s very simple.

Ok, the exchange has been downloaded and you know how to trade. Now start losing money!

Here are the key points, read it carefully!

How a newbie loses money 1: Being attracted by stories of getting rich quickly, and seeing others recommending local stocks: Buy SB, it will start at 100 times, 1,000 times as a base, and 10,000 times as a start! Musk has pushed it, CZ has pushed it, it will be listed on a big exchange, buy it quickly, if you don’t buy it, it will take off (return to zero), you won’t be able to buy it, haha.

The second way for novices to lose money: contracts. They watch other so-called contract "gurus" post orders, +1000%, +3000%, and then think they have met a "noble person". They quickly contact the other party, and then scan the code or pay to join the group, and follow the "noble person" to go all in on the contract. The final result is self-evident. The teacher makes a lot of money from the commission, and you lose a lot of money.

OK! The above two points are the most common pitfalls for novices, and are very common on some domestic web2 platforms, such as Zhihu, WB, Tieba, etc.

In addition, Xiaobai is also worried about whether cryptocurrency is a scam and whether the bubble will burst one day. This question is actually a bit silly. In terms of time, from the end of human life to the collapse of the universe into a black hole, everything ends with death. In other words, you know that you will die eventually, so why not live now? The process is the most important, regardless of whether the blockchain is a bubble or not. The most important thing is that you can make money and enjoy life in this process and during this bonus period. Why bother with other things?

Another point is that trading cryptocurrencies is not illegal, but it is not recommended in China. Some newbies just want to learn about the cryptocurrency world, but when they search for Bitcoin online, they are scared by all the negative articles.

Some losses still need to be borne by yourself. Some roads still need to be explored by yourself. The way is simple, and the way to play in the cryptocurrency circle is really not that difficult. But most people will not listen to advice. When they first enter the cryptocurrency circle, they are too easily attracted by all kinds of things, most of which are pitfalls. Only after experiencing it yourself will you find out: when you first enter the circle, you heard people say that you can make money by holding spot for a long period of time, but you didn’t expect it to be true.

Admit your shortcomings, admit your abilities, and admit that you are just an ordinary person. If you can do this, you will surpass many people.

Let’s talk about Bitcoin again. I first learned about Bitcoin in 2015. At that time, it cost a few hundred dollars per coin. In the beginning, I searched various articles about Bitcoin on the Internet. At that time, there was relatively little information available, and just like now, most of it was negative.

Including some newbies who have entered the circle now, in the face of these negative reports, they still resolutely decided to enter the cryptocurrency circle. I think this is very good. Being able to not be influenced by mainstream media is also an ability in itself.

My doubts about Bitcoin have never stopped since I came into contact with Bitcoin in 2015 until now, and before 2015.

I watched those people curse the price of Bitcoin from a few thousand yuan to hundreds of thousands of yuan. Of course, at the beginning, Bitcoin was only a few cents.

I always think this is a good thing. An industry will not be favored by the public only in its early stages. To put it bluntly, most people in this world are ordinary people. Their insights and thinking logic may not be very good, and they are easily brainwashed by various information.

We have to admit that even if we don’t compare material conditions, there are indeed differences in personal abilities and thoughts. The truth is so cruel.

I am not claiming to be outstanding here. Even though I am just an ordinary person, sometimes I find it very difficult to communicate with some people around me, or it is too difficult to communicate with them.

Therefore, I think the gap between people is more in terms of thought and logic rather than material.

On domestic platforms, there are some things I can’t say too directly, but anyone who can understand can understand, haha.

Or, think about why "go with the flow" is a derogatory term?

It seems that we have gone a bit off topic here, so let’s adjourn the meeting.