Remember, a good mindset will always keep you invincible.
You only know that Li Xiaolai was once the richest man in Bitcoin, but you may not understand the melancholy and loss he felt in 2011 when he bought 2100 BTC at an average price of $6, only to see the price plummet to below $1, causing his assets to shrink by 97% in an instant.
You have only heard that Zhao Changpeng topped the Forbes billionaire list, but it is hard to imagine that in 2014 he resolutely sold his property in Shanghai, gambling everything on BTC, only to face a continuous decline, falling into deep regret and helplessness.
You only know Zhao Dong as an OTC trading tycoon, but you cannot feel the despair he experienced in 2013 when he spent 1 million to buy 2000 BTC, his assets once exceeding 100 million, only to face three futures liquidations in 2014, accumulating losses of 1.5 billion and bearing 60 million in debt, nearly collapsing. Fortunately, he eventually pulled through and welcomed what is called a turning point.
In the present, too many people often focus only on immediate benefits, completely ignoring the future market value trends. In this special industry field:
First, when prices fall, the bottom is unfathomable, and there are no limits.
Second, when the market rises, it is boundless, as if a runaway horse.
Third, if one cannot withstand the immense panic and shock of dropping from 1 million to 100,000, it is also difficult to achieve the enormous wealth return and surprise of soaring from 1 million to 1 billion.
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