Who still remembers the era of Bitcoin at that price? I started building my position at ¥500-600, and during that time, just a few casual trades could earn thousands a day. Those days lasted for over a month. Back then, physical businesses were also very easy to do, and I could easily make millions.
I had no real concept of money, never kept it in banks, only one principle — money must be invested. Over the years, I tried almost everything: stocks, domain names, cryptocurrencies, metaverse land. Because my physical business was stable enough, these investments were just hobbies for me; I didn’t pay much attention, and the results speak for themselves — a total loss of several million.
The real turning point came in the past two years. Physical businesses became increasingly difficult, and I started to take investments seriously. This year, stocks finally turned around, reversing a ten-year loss situation, and now I can ensure I won’t lose money anymore. The same goes for cryptocurrencies — as long as I don’t gamble, I can achieve stable profits. I still hold high-quality domain names worth over 3 million yuan, with a peak holding of over 3,000; now I only have about 100 left, all carefully selected. I invested a few hundred thousand in metaverse land as a venture capital, and going to zero was expected from the start.
The biggest regret is still Bitcoin. I bought it at over ¥500, held it all the way until over ¥8000, then decided to go long-term, even adding more during the subsequent decline. Unfortunately, policy pressure ultimately overpowered my personal persistence — I sold dozens of Bitcoin at over ¥1300. After that, I paid little attention to cryptocurrencies until I re-entered last year. But the cost was that I missed the entire era.
I also considered managing my own wallet for storage, but due to unfamiliarity with the technology and concerns about policy regulation, I ultimately gave up. This decision caused me to miss an entire market cycle.
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DefiPlaybook
· 14h ago
Oh no, this is the legendary "sell everything at 1,300" moment. I've heard this story too many times.
Missing a market cycle vs stable profits—can you really have both?
That hand of policy is indeed strong, but now the technical barrier for self-custody wallets isn't that high anymore.
The harshest part of this retrospective kill is that back then, you could make money just by casual operations. Now, you need meticulous management to achieve stable profits. Irony, isn't it?
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CounterIndicator
· 22h ago
Oh no, this story sounds a bit familiar. I am also part of that group.
Missing out on Bitcoin worth 500 yuan so many times I can't even count on my fingers.
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BottomMisser
· 22h ago
The moment I sold at ¥1300, I knew I would never become the richest person.
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MergeConflict
· 22h ago
Sold for over 1300...Bro, you must have such strong mental resilience to have survived until today.
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GasFeeCrybaby
· 22h ago
Bro, you really missed an era this time. I just want to ask, why didn't you just store it in a cold wallet back then?
Who still remembers the era of Bitcoin at that price? I started building my position at ¥500-600, and during that time, just a few casual trades could earn thousands a day. Those days lasted for over a month. Back then, physical businesses were also very easy to do, and I could easily make millions.
I had no real concept of money, never kept it in banks, only one principle — money must be invested. Over the years, I tried almost everything: stocks, domain names, cryptocurrencies, metaverse land. Because my physical business was stable enough, these investments were just hobbies for me; I didn’t pay much attention, and the results speak for themselves — a total loss of several million.
The real turning point came in the past two years. Physical businesses became increasingly difficult, and I started to take investments seriously. This year, stocks finally turned around, reversing a ten-year loss situation, and now I can ensure I won’t lose money anymore. The same goes for cryptocurrencies — as long as I don’t gamble, I can achieve stable profits. I still hold high-quality domain names worth over 3 million yuan, with a peak holding of over 3,000; now I only have about 100 left, all carefully selected. I invested a few hundred thousand in metaverse land as a venture capital, and going to zero was expected from the start.
The biggest regret is still Bitcoin. I bought it at over ¥500, held it all the way until over ¥8000, then decided to go long-term, even adding more during the subsequent decline. Unfortunately, policy pressure ultimately overpowered my personal persistence — I sold dozens of Bitcoin at over ¥1300. After that, I paid little attention to cryptocurrencies until I re-entered last year. But the cost was that I missed the entire era.
I also considered managing my own wallet for storage, but due to unfamiliarity with the technology and concerns about policy regulation, I ultimately gave up. This decision caused me to miss an entire market cycle.