"Bitcoin"

"Why are you so stupid?"

"Bitcoin is just the beginning now. If you buy a little bit, even if you want to settle down in the future, there is no problem at all."

Aunt Qin’s daily routine of opening a store is actually quite boring;

Give Liu Wei the car key and ask Liu Wei and Wang Lifen to drive to a nearby partner to find a partner;

And Ma Yibo's brain was running crazily, thinking about various opportunities in the previous life;

In my previous life, because I had just graduated and was working, I was focused on work and rarely participated in things that had nothing to do with work;

This also led to Ma Yibo now having millions of cash on hand and not knowing what to invest in?

stock?

In 2013, except for the local bull market on the GEM, I didn’t know much about individual stocks at all;

After all, Ma Yibo, who was in his previous life in 2013, was busy with his job and was already afraid of losing money when trading stocks;

p2p?

Maybe it’s not bad, the rate of return is quite high, even if there is a thunderstorm, it will be five years later;

But investing in p2p, why not develop Aunt Qin well?

Aunt Qin's growth rate is definitely much higher than the interest rate of p2p.

As soon as he slapped his thigh, an idea flashed in Ma Yibo's head, and he thought of an investment that made people fearful and yet flock to him;

That's Bitcoin.

Bitcoin, a virtual currency or a string of virtual codes based on the blockchain;

Blockchain is a new application model of computer technology such as distributed data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc.

The four major characteristics of blockchain: decentralization, non-tamperability, uniqueness required to express value, and smart contracts.

The concept of Bitcoin was first proposed by Satoshi Nakamoto on November 1, 2008, and was officially born on January 3, 2009;

After the birth of Bitcoin, the first transaction was a young man from abroad who exchanged 14,000 Bitcoins for a pizza. When the value of Bitcoin soared to tens of thousands of dollars, it was dubbed the most expensive pizza in history.

Now, it was only January 2013. The first batch of domestic players to play Bitcoin was around 2012;

Moreover, at the beginning of domestic Bitcoin transactions, there was no exchange, and all transactions were direct person-to-person wallet transfers;

This traditional offline transaction limited the development of Bitcoin. Only after the exchange was established, Bitcoin was officially accepted by people;

In fact, this is just Ma Yibo’s humble knowledge;

In fact, the Bitcoin exchange came out in 2011, but it was small in scale and had many bugs;

In our country, it is not well-known by the majority of people because of its high price, but in mid-2016, international high-end hacker organizations hacked official government websites of many countries, and the so-called ransom is not a dollar or gold.

But Bitcoin;

It was at that time that Bitcoin became known to most people in China.

In the previous life, Ma Yibo only learned about Bitcoin at this time. He started to enter the market in October 2016, which happened to be the beginning of a bull market;

However, in this bull market, Ma Yibo did not make much money, but he lost money in the bear market that followed;

At the beginning, Ma Yibo’s entry amount was relatively small, only 2,000 yuan. As a result, he entered the market on the same day and doubled it to 4,000 yuan the next day;

I just want to ask you if you can bear it?

It doubles as soon as you sleep.

Ma Yibo was indifferent and continued to play with the 4,000 yuan;

As a result, the next night, it doubled again to 8,000 yuan.

Frightened, Ma Yibo quickly withdrew 4,000 yuan, but in the end, he still got it;

After that, Ma Yibo began to slowly increase his position. From the initial 2,000 yuan, by mid-to-late December, the principal had risen to as much as 100,000 yuan, while the profit was only more than 20,000 yuan;

This is because you are too conservative in the early stage and start to go crazy in the later stage;

If you want it to perish, first make it crazy.

However, after January, the situation of Bitcoin took a sharp turn, and other virtual currencies plummeted. Ma Yibo saw that the situation was not good and quickly cleared his positions;

One operation is as fierce as a tiger;

Originally there was still a profit of more than 20,000 yuan, but after the final liquidation was completed, there was only a little over 90,000 yuan left, which was equivalent to Ma Yibo's loss of less than 10,000 yuan.

After that, Ma Yibo fell into regret;

If I can directly invest 100,000 for the first time, even if it plummets by now, it won't be a big problem to double it four or five times;

But now, not only did it not make any money, but it also lost about 10%;

Alas!

In April and May of 2018, virtual currencies ushered in another wave of altcoin climax;

Ma Yibo just happened to participate and directly entered the game with 100,000 yuan. In just one week, the price went from 100,000 yuan to 400,000 yuan. How terrifying;

How erratic was Ma Yibo during that period?

I think that if I have the coin in hand, I have the world.

One hundred thousand direct shuttle coins were purchased at 8.7-8.9 yuan each at that time;

Within a week, it rose to a maximum of 43 yuan each. Ma Yibo did not sell to the highest point, but he sold them all at an average price of around 35 yuan;

However, this coin was cleared and fell into another pit;

Funds go out and come in, and come in and go out again;

In the end, there is actually still 400,000 funds in play;

Then, during the two-year bear market, Ma Yibo bought 400,000 virtual coins, but by the end of the bear market, only more than 10,000 were left;

Not only did he invest the 300,000 he earned, he also lost 90% of his principal of 100,000;

This is what altcoins are;

When it rises, it goes crazy; when it falls, it’s bottomless;

However, the bull market is coming, but the logic of this bull market has changed. It is the mainstream coins that are growing wildly, while the altcoins are almost staying put;

At the moment Ma Yibo came back from rebirth, Bitcoin had risen from more than 3,000 US dollars in 2020 to more than 60,000 US dollars, and the altcoins in Ma Yibo's hands were still on the way to new lows.

It's the same currency speculation, but the results are completely opposite.

"Damn it, in this life, physical entrepreneurship will make a big difference, and virtual currency will also make a fortune silently";

Taking out his mobile phone, Ma Yibo searched for information about Bitcoin;

At this moment, Bitcoin has not yet become a phenomenon, it is just the speculation of some niche players;

Therefore, there is no state control, and some relevant information can still be found on the Internet;

But it's relatively small.

In the post bar, there is a post called: Bitcoin Bar. Ma Yibo clicked in. There were not many people participating in the discussion and leaving messages;

There are only three or five people who have left long-term discussions, and the topics discussed are nothing more than whether Bitcoin will rise today, Bitcoin will fall tomorrow, etc., etc., which are not nutritious;

However, when Ma Yibo saw the nicknames of these people, he was also shocked;

If it were not accidental, these people, when Bitcoin became popular, were the great gods circulating in the currency circle;

Martian and Brother Bao, these two people with nicknames can be said to be great gods in the currency circle;

The Martians were retail traders in the early stage of currency speculation. When Bitcoin entered the bull market, they issued new coins named HSR, commonly known as braised pork, which became popular in the currency circle;

At that time, the first virtual currency that Ma Yibo bought was HSR, which was one of the reasons why Ma Yibo had a good impression of Martians;

After that, during the Bitcoin bear market, HSR went all the way down; during this period, there was also a fierce rebound, but in the end it still tended to return to zero;

The Martians, on the other hand, sold all their HSRs at the highest point, and at the same time said that if the HSRs did not break new highs, they would live-stream their gains;

Finally, let alone breaking new highs, it is always going down;

The entire Internet called for Martians to live broadcast eating food, but the Martians just posted a short video saying it was eating food;

In fact, they were just similar foods in color and shape, which made everyone curse;

People who curse wildly are the ones who have been separated from others.

Brother Bao, this is a legendary figure, bald, wearing a pair of glasses, chubby, and looks quite kind;

It is said that Brother Bao had been a pork seller in their town before 2012. In the end, he did not know how to obtain the news of Bitcoin. After some research, he bought all of his worth, more than 100,000, in Bitcoin;

At that time, the price of Bitcoin was only a few yuan;

How many Bitcoins should I buy for more than 100,000 yuan?

However, as Bitcoin skyrocketed and plummeted, Brother Bao obviously didn’t know the future of Bitcoin, so he bought and sold more and more. When Bitcoins cost tens of thousands of dollars each, Brother Bao didn’t have many Bitcoins.

Already;
To be continued...