“Husband, let's get a divorce. I really can't hold on any longer.” In the winter of 2017, when my wife cried and said this to me, I was holding a debt collection notice that stated, “Debt of 1.5 million, to be repaid by deadline.” At that time, I had just gone bankrupt and didn't even have money to buy milk powder for my child. My wife's words completely broke me. But who would have thought that 8 years later, I would be holding my wife and saying, “Thank you for not leaving me back then.” All these changes stemmed from cryptocurrency, and more importantly, from long-termism.
I used to run a toy business. In 2012, I opened a toy factory, and because the products were innovative, I quickly opened up the market. The business grew bigger and bigger, and at its peak, I could earn over a million in a year. But in 2015, I followed a friend's “advice” and blindly expanded production. As a result, the market suddenly changed, toys couldn't be sold, the factory's cash flow broke, and I had to close down. I still owed suppliers 1.5 million.
After the factory closed, I became depressed, drinking at home every day and neglecting my wife and children. My wife had to work in a restaurant to support the family, working 12 hours a day and then taking care of the children when she got home. Seeing my wife’s exhausted figure made me feel particularly sad, and I decided to pull myself together again.
I came into contact with cryptocurrencies in the spring of 2017 when a former employee found me and said, 'There is a long-term investment opportunity, do you want to give it a try?' At that time, I didn't believe it at all, but looking at my wife's and children's eager eyes, I took out the only 3000 yuan I had and invested it. I didn't expect that although this asset had significant short-term fluctuations, it has been rising in the long term. A year later, 3000 yuan turned into 15,000 yuan.
This event made me realize the power of 'long-termism'. Since then, I started to focus on long-term investments, no longer paying attention to short-term ups and downs, but rather putting my energy into researching the long-term value of assets. I set a rule for myself: after buying an asset, I would hold it for at least two years, and regardless of how the market fluctuates during that time, I would never sell easily.
In 2018, I used the 80,000 yuan I saved from my work to buy three assets that I believed had long-term value, and then I stopped watching the market every day, concentrating instead on working and earning money to accumulate capital. In 2020, the market began to warm up, and these three assets all increased by more than three times. I didn’t sell them immediately but continued to hold. In 2021, they increased by another two times, and then according to my plan, I took profits in batches and withdrew the money.
In this way, relying on long-termism, I slowly accumulated wealth in the crypto circle. During the bear market in 2022, I bought a batch of quality assets, and after the market warmed up in 2023, these assets increased by more than four times, and my net worth completely broke through ten million. Now, I not only paid off all my foreign debts but also bought a new house and car, allowing my wife and children to live a good life.
I often tell those around me that in the crypto circle, short-term luck can only earn you a little money, while long-term value investing can make you a lot of money. Many people want to 'get rich overnight', so they chase highs and sell lows, resulting in huge losses. However, those who truly make money are those who insist on long-termism and patiently wait.
If you also want to achieve a wealth reversal in the crypto circle but are often troubled by short-term fluctuations, follow me. I will share my eight years of long-term investment experience and coin selection skills with you, helping you learn to earn real money through long-term investments. Remember, time is the best friend, and long-termism allows you to go further in the crypto circle.@男神讲趋势 #加密市场反弹 $BTC
