The Bumpy Journey of Bitcoin
In 2018, Li Rui quit his job with a monthly salary of eight thousand and plunged into the wave of Bitcoin. At that time, Bitcoin had just experienced a surge, and some people around him became rich overnight because of it. He was envious and invested all of his parents' savings of two hundred thousand for retirement, hoping to double his money.
But reality dealt him a heavy blow. Shortly after buying in, Bitcoin's price plummeted from seventeen thousand dollars to three thousand dollars, and the money in his account shrank by ninety percent. Watching the glaring green numbers on the screen, Li Rui couldn't sleep all night, afraid to be honest with his family, and could only barely make ends meet by doing odd jobs, living in a tight spot.
People around him advised him to cut his losses and leave, saying that Bitcoin was just a scam. Li Rui, however, was unwilling to give up. He began to delve into blockchain technology, spending time in forums studying analyses from experienced players, gradually understanding market trends. He gritted his teeth and used the money he saved from odd jobs to gradually buy more, lowering his holding costs.
Thus, he persevered until 2021 when Bitcoin welcomed a new bull market, with prices soaring to over sixty thousand dollars. Li Rui was not greedy; he decisively sold off his holdings at the high price, and the funds in his account had already grown to over two million.
He promptly returned his parents' retirement money and even gave them an additional five hundred thousand. Afterwards, he used a portion of the money to start a small tech company focused on the application development of blockchain technology.
Today, Li Rui is no longer that reckless speculator. He often says that the days of losing everything were the most precious wealth—more important than making money is learning to respect the market and recognizing the risks behind opportunities.