This is a true experience of a parent: every Chinese New Year, he would carefully select 10,000 yuan from the New Year’s money his children received to invest in Bitcoin.

For nine years, this parent has been investing in Bitcoin and has witnessed its price soar from the initial 1,700 yuan to a staggering 730,000 US dollars.

Today, the original 70,000 yuan investment has been transformed into a fortune worth more than 4 million yuan. Unlike other children who use their New Year's money to buy toys, this child's New Year's money has continued to increase in value over time.

It is not difficult to imagine that when this child enters adulthood, when his peers are still busy playing games, pursuing love, or running around for work, he has already accumulated tens of millions of wealth and become a veritable rich man.

Let me talk about myself:

I first invested in Bitcoin in 2017. I can’t say I achieved financial freedom, but I definitely made a small profit.

The cryptocurrency market was in a huge bubble throughout 2014. All the news was positive, and there was even news that Bitcoin would replace legal currency. But the good times didn’t last long. Soon the market plummeted, and a large number of investors desperately sold their assets. I was glad that I just waited and watched.

In March, the price of Bitcoin was around 1,000 USD, which is about 7,500 RMB. To be honest, this is not a small amount, and considering the history, it is indeed a big risk. If you are not careful, you may lose everything. But on second thought, time waits for no one, so I decided to buy it! At that time, in order to get a good luck, I bought 6 coins, a total of about 45,000 RMB. But what I didn't expect was that I just entered the market when Bitcoin had been growing wildly for 3 months. In June, it had reached more than 2,500 USD per coin. My principal soared to 100,000 RMB in just three months.

I got a huge taste of the sweetness right after entering the market, so I was unwilling to leave. As expected, at the end of 2017, the historical peak was reached, and Bitcoin reached nearly $20,000 per coin, which is a miracle that has not been broken yet. It is really a year in the circle, a lifetime in the world, and the market value of my remaining four Bitcoins increased to more than 500,000, which amazed me. After reaching the peak, I sold the remaining four coins at about 15,000!

Later, I continued to trade in 2018. I bought five bitcoins at $6,600 in April. But the market chain is always difficult to detect before it breaks. The cryptocurrency market in 2018 was not good, so I sold them in July when the price fell below the cost price.

But this also made me realize that the smooth sailing in 2017 was not without luck.

Therefore, I think if I really want to go down the path of trading, I still have to concentrate on learning. In addition to understanding the basic knowledge and analyzing the news, I should also study the technical indicators. If I don't conduct in-depth research and reasonably plan and control my wallet, the funds will only be exhausted. In the end, as a retail investor with no foundation, I will only be happy to enter the market and leave sadly.

There is a reason why some famous technical indicators have been passed down for a long time, such as MACD divergence signal, KDJ overbought and oversold signals, support and pressure signal 90, etc. Although they cannot guarantee profits, they can allow you to conduct quantitative analysis in a more mature model, thus giving investors a basic direction.

Later, I quit my job, asked my father for financial support, increased my capital, and devoted all my attention to the cryptocurrency circle! I was busy exploring and summarizing every day, and now I can finally achieve stable compound interest. #山寨季何时到来？ #比特币大会 #美国大选如何影响加密产业？ $BTC $SOL