Guo Hongcai was born in 1983 in Pingyao, Shanxi. He only scored 300 points in the college entrance examination in 2003, but he dared to apply to Tsinghua University! After failing to get into Tsinghua University, he traveled north alone and rented a small room in Zhaolan Courtyard at Tsinghua, auditing classes while figuring out how to make money. In 2013, Guo Hongcai encountered Bitcoin. At that time, Garage Café was just an entrepreneurship incubation platform, until one day a 'pyramid scheme master' came and gave a talk on blockchain, attracting many followers, who later all made money. This 'pyramid scheme master' was Li Xiaolai. In 2014, Guo Hongcai officially entered the cryptocurrency circle. Soon after, Bitcoin plummeted, and Guo Hongcai seized the opportunity to buy a large amount of Bitcoin, and invested in Inner Mongolia to build what is claimed to be the world's largest Bitcoin mining farm. In 2014, the cost of electricity to mine one Bitcoin was around 5000 yuan, and that mining farm produced 100 Bitcoins that year. In 2015, a bear market hit the cryptocurrency circle, and very few people attended the blockchain summit. After a large number of inexperienced investors went bankrupt, the scene was bleak. During that time, Guo Hongcai maintained his enthusiasm for learning, watching movies to learn English. In 2016, when Guo Hongcai was invited to the Davos Forum, he sat among financial professionals in a T-shirt and flip-flops, discussing Bitcoin, blockchain, financial technology, national sovereignty, and other lofty terms in English, astonishing everyone and not making it completely incomprehensible. In 2017, the cryptocurrency market began to recover, and Guo Hongcai finally saw the arrival of spring. After 2017, Guo Hongcai's life was like a cheat code. In August 2017, Guo Hongcai launched a live broadcast with 100,000 participants, where he detailed the development of Bitcoin over the years, recharging his fans' faith, and also receiving valuable live gifts such as flowers and rockets worth thousands. In September 2017, the 9·4 ban was issued in China, and to implement the spirit of the document, Guo Hongcai initiated the 'China Tour' activity to help investors establish correct investment views. In the first half of 2018, the cryptocurrency market fluctuated, with insider trading, big shots pressuring, project manipulations, and inexperienced investors fighting for their rights; in the second half of 2018, the market fell all the way down, the personas of big shots collapsed, project parties absconded, token funds lost everything, and investors were left devastated. Overnight, the market returned to calm. Guo Hongcai also fell victim to the market crash. In August, a video of Guo Hongcai speaking candidly after drinking circulated widely, in which he admitted to being 'cut' and claimed he had repeatedly bottom-fished in the bear market, losing 400 of his 600 Bitcoins. After 2020, Guo Hongcai gradually transformed after experiencing multiple rounds of bull and bear market transitions.$ETH $BTC #加密市场回调 #币安Alpha上新