🔥 From 'being cut like chives' to a big shot in the crypto world! Zhao Changpeng's crazy start shocked the whole internet
In 2013, a poker game changed Zhao Changpeng's (CZ) life trajectory—when a Sequoia Capital investor casually mentioned Bitcoin, this programmer, who excelled at 'socializing upward,' lit up with excitement.
At that time, Bitcoin was in the midst of a historical bull market, and he spent countless nights poring over the white paper: concepts like 'decentralization' and 'blockchain' burned into his mind like fire. In 2014, he did something 'crazy': sold his house in Shanghai, went all in on Bitcoin at $600 each, betting 99% of his net worth, becoming what his friends called a 'fool blinded by the gamble.'
But the market slapped him hard: the bull market abruptly ended, Bitcoin plummeted by 70%, and his principal was nearly halved; even more heart-wrenching was that in the same year, Shanghai's housing prices skyrocketed, and his former neighbors made a fortune selling their homes, while he suffered massive losses in the crypto space, to the point of losing even his down payment.
Who would have thought that this man, once 'cut by the market,' later founded Binance, the world's largest cryptocurrency exchange, and topped the list of wealthy Chinese? From 'gambler' to 'rule maker,' how many truths that ordinary people dare not touch lie hidden in his comeback?
Want to know how he turned from 'chives' to a giant? What disruptive investment logic is hidden behind it? Follow me for the next deep dive into the three key moves of his turnaround, and let’s explore the pitfalls and opportunities that big shots have navigated👇
(Follow to avoid getting lost @CHAIN news , unlock more stories of business tycoons' comebacks + hardcore investment thinking~)
