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Bitcoin and Ethereum Investment Journey

A friend started investing in Bitcoin in 2016. At that time, BTC was about 5,000 yuan. He also operated short-term at the beginning. Like most newcomers, he often got up at two or three in the morning to check the market. Later, he found that the gains outweighed the losses. He felt that life was The quality has dropped sharply, and I feel that my entire mood has been kidnapped by this irregular market.

This short-term operation lasted for two months and then gave up decisively. After a while, at the end of 2016, he accidentally started to pay attention to Ethereum, so he invested 100,000 in Ethereum. At that time, his personal wealth and assets were about 3 to 5 million, so the 100,000 invested He didn’t pay much attention when he entered and just went about his work. As soon as he was busy, he forgot about it. A few months passed and the time came to the first half of 2017. He suddenly remembered this incident. He was in China at the time. I bought it on one of the three major trading platforms, "Bitcoin China". The other two trading platforms, Huobi and OK, have not yet launched Ethereum. At that time, Changpeng Zhao, the founder of Binance Exchange, was still the technical director of OK Exchange.

When he logged into the exchange, 100,000 turned into more than 1.5 million. He thought the platform data was wrong, but after a while he realized that he had experienced a bull market.

Later, a bigger bull market came in the second half of 2017. This friend learned to allocate and invest more than 1 million of his profits, and the peak profit reached nearly 10 million. 100,000 becomes 10 million within a year.

Of course, the real world will not always be smooth sailing. Later, when we entered the big bear market in 2018, this friend also suffered losses. But at the same time, there are always a few people who can beat the market and know the rules of the investment cycle with a high probability. Therefore, this is the reason why we must continue to learn and improve our knowledge.

Bitcoin and Ethereum Investment Journey

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