#PI Many people do not know how Ethereum came about and how it has come this far. Today, I will share the experiences along the way to popularize this topic. It has truly been a bloody storm, a thousand times more exciting than any TV drama.

🌹 The first stage: in July 2014, ETH was issued at an issue price of 1.86 yuan, and after the issuance, it traded sideways in the range of 1.4 yuan to 2 yuan for a whole year.
🌹Phase Two: In August 2015, it rose to 23 yuan, finally increasing by 12 times. Many people took profits and exited. In November, it fell back to 2.7 yuan, a drop of 90%. During this big rise and fall, over 90% of people had sold their B and exited, some even taking losses.
Phase 3: 2016 was a wonderful year. In March of that year, the skyrocketing mode was opened, and it rose directly to 98 yuan, an increase of 36 times in a month, but unfortunately less than 10% of the people were left to enjoy the appreciation of this wealth. In April, a thunderbolt fell to 45 yuan, and many people began to shout that Ethereum was a scam, but as everyone knows, it rose directly to 138 yuan in June, 54 yuan in August, 92 yuan in September, and 38 yuan in December. The time of the year can be described as magnificent, with ups and downs.
In the third phase of 2016, although there were many ups and downs, it laid a dual foundation for Ethereum's popularity and the market. So in March 2017, it directly rose to 350 yuan, increasing nine times in three months. Then came the widely known "ICO" craze in China, where all projects issued tokens on the Ethereum public chain, raising funds in ETH. In June 2017, it rose to 2660 yuan, a 70-fold increase in six months. In July, it dropped to 850 yuan, a decline of 78%. In October, it rose to 2520 yuan, and in November to 3280 yuan. By January 2018, it reached its then highest point of 9100 yuan. Over the span of more than three years, Ethereum increased a total of 4900 times.
🌹Phase 4: In 2018, the bear market washout mode began. Starting in March, the price dropped from over 9000 to 2280, a decline of 75%. In April, it rose again to 5380, but by September, it fell to 1070, an 88% drop. The most severe drop occurred in December, when it fell to 525, resulting in a direct decline of 90%.
🌹 Phase 5: In June 2019, it rose to 2350 yuan, then dropped to 720 yuan in December. In March 2020, when everyone was scared to death, 312 came, plunging to 550 yuan, a drop of over 88%. It wasn't until the rise of Defi from October to December that things started to improve, reaching 5720 yuan. Then, it began to climb again.
🌹Phase Six: On November 10, 2021, it rose to 31,200 yuan.
In less than 7 years, it increased by 15,000 times. If you had bought 1,000 yuan back then, you would have 15 million yuan now. Ask yourself honestly, can you really hold on to it?