In the late autumn of 2017, the air conditioning in the office buildings of Shanghai continued to hum. Lin Shen stared at the constantly fluctuating Bitcoin price curve on the computer screen, his fingertips unconsciously tapping on the keyboard. Three months ago, he had heard about this 'virtual gold' for the first time at a friend's dinner party, and at that time, he thought it was just an absurd bubble game. However, when he saw people around him buying houses in a short time by trading cryptocurrencies, the balance in his heart began to tilt.
'Brother Shen, this bull market will see at least twenty thousand dollars!' The words of his colleague Xiao Wang still echoed in his ears. Lin Shen gritted his teeth and exchanged all of his 800,000 yuan savings, which he had planned to use for buying a house, into Bitcoin. He told himself that this was just a short-term investment, and he would exit once the price doubled.
At first, everything went as expected. The price of Bitcoin soared like it was on a rocket, rising from 3,000 dollars to 19,000 dollars. Lin Shen's account value exceeded 1.5 million, and he even began planning to buy an SUV he had long desired. However, the market changed faster than the weather in Shanghai.
In the early hours of December 17, Lin Shen was awakened by the vibration of his phone. Opening the trading app, the glaring red numbers jolted him awake—Bitcoin's price had plummeted, dropping over 20% in just a few hours. He trembled as he tried to sell, only to find that the trading platform had collapsed due to a rush of users. He paced back and forth in the living room, the sound of his wife's daytime chatter about school district housing ringing in his ears.
By dawn, the price was still falling. Lin Shen ultimately sold at a painful price of 12,000 dollars, watching his 800,000 principal shrink to less than 500,000. During that time, he couldn't bear to look into his wife's eyes, locking himself in the study to study K-line charts and blockchain whitepapers frantically, trying to find an opportunity to turn things around from the theory.
In 2020, the pandemic swept the globe, and as central banks around the world initiated quantitative easing policies, Lin Shen noticed that Bitcoin was stirring again. Now, Lin Shen has a calligraphy piece hanging in his study: 'Respect the Market.' He occasionally checks cryptocurrency prices but no longer blindly chases trends. 'Bitcoin is like a marathon without an end; it's better to run steadily than to run fast,' he often tells friends who are new to the industry. And that investment profit has long turned into his daughter's piano lesson fees and his wife's long-desired trip to Yunnan. #交易故事 #BTC交易
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New Feature Launch: Use Your Trading Platform Funds to Trade on Binance Wallet and Participate in the Exclusive Bedrock (BR) Token Airdrop Event!
This is a general announcement; the products and services mentioned may not be applicable to your region. Dear Users: The Binance wallet team has launched the 'Trade on DEX with CEX funds' feature, allowing Binance users to use funds from the Binance trading platform (CEX) to trade millions of tokens on the Binance wallet trading chain. To celebrate the launch of the new feature, Binance Wallet will hold a Bedrock (BR) token airdrop event! Users who sign up during the event period [报名参与](https://www.binance.com/zh-CN/events/br-token-giveaway), and use their Binance trading platform spot or fund account balance to accumulate purchases of any tokens totaling $50 or more in the Binance wallet, will receive a reward of 100 BR (worth $10) on a first-come, first-served basis.
Binance official event, [Cryptocurrency User Security and Anti-Fraud Awareness Survey] draws 600 participants, each receiving 15 USDC.
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- Your personal information will be kept strictly confidential, and the data will only be used to optimize platform security services; - 600 users who complete the survey will be randomly selected, each receiving a 15 USDC token voucher; - Rewards will be distributed to the winning users' reward center within 14 working days after the survey ends.
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Fish eating fish rewards have been distributed. This kind of tangible reward is much better than those that issue tokens. Thinking of junk projects like avj giving out airdropped tokens, even if I bought them just to complete tasks and sold them, the final airdrop only amounted to a dollar, and after deducting gas fees, it was basically for nothing. In the future, I suggest that web3 only issues stablecoins. March has been a dark month. Be patient and hold until April. If you have spare money, you can consider buying the dip in these few days. #交易者训练营
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