It is October 16, 2023. Ten years ago, it was October 16, 2013. The price of Bitcoin was at the bottom of the bear market, around 440 RMB. At that time, the US dollar price was 6.13 USD. In July 2013, 10,000 RMB could buy 22.7 Bitcoins. If we put it into today's 217,000 RMB per Bitcoin, it is worth 4.926 million RMB. In small and medium-sized cities, it can only buy a house, which is not enough to completely change a person's fate.

The price of Bitcoin on the white paper day over the years:

November 1, 2010 - $0.2

November 1, 2011 - $3.2

November 1, 2012 - $11.0

November 1, 2013 - $203

November 1, 2014 - $338

November 1, 2015 - $312

November 1, 2016 - $697

November 1, 2017 - $6,441

November 1, 2018 - $6,318

November 1, 2019 - $9,190

November 1, 2020 - $13,790

November 1, 2021 - $60,456

November 1, 2022 - $20,686

Thirteen years ago, when the price of Bitcoin was $0.2 in 2010, 10,000 RMB could buy 8,156 Bitcoins. If we put it into today's calculation of 217,000 RMB per Bitcoin, it is worth 176,985 million RMB, or about 1.7 billion RMB. This level of wealth is enough to completely change a person's fate.

Ten years ago in 2013, Zhao Changpeng learned about Bitcoin from a poker friend who was also a venture capitalist. The friend said, "Hey, Changpeng, if you invest 10% of your net worth in Bitcoin, if it rises 10 times, your wealth will double. Even if it doesn't, you only lose 10%." Soon, Zhao Changpeng began to get involved in different cryptocurrency projects. In 2014, he was very bold and sold his house in Shanghai and invested all of $600 in Bitcoin.

In the more than 13 years since its birth, Bitcoin has been considered a Ponzi scheme countless times, suppressed, banned, and killed. It also went through the Mentougou incident, the 94 incident, the 312 incident, the 519 incident, and three rounds of bull and bear markets. It is unlikely to happen now.

There are only three possibilities for keeping your initial Bitcoin for ten years.

1. After buying 10,000 yuan worth of Bitcoin ten years ago, he was thrown into prison for 13 years with no reduction in sentence.

2. The lost wallet was found ten years later.

3. He has a very high level of knowledge. He understood the principles of Bitcoin in 2010. He is like a great god like Satoshi Nakamoto. He has held on to Bitcoin until now.

Most people sold their money during the bull and bear cycles and simply could not hold on until now. Either they lost their private keys, lost all their money in cryptocurrency trading, got cheated, suffered a financial crash, or sold out after making more than ten times the profit, etc. There should be very few people who have held on all the way until now and have not left the market.

Most people can’t wait until the number reaches 100 million or even larger. There are countless temptations, and personal willpower cannot resist them. Of course, some people will sell and buy again, but it’s useless. Similarly, they will sell again after making a little profit, or sell out after a period of volatility.

There is another situation, which is that you buy and then forget about it. Then, several years later, your original investment has become an astronomical figure. Of course, the problem is that if it is Bitcoin, you still can't get rich, because you will probably forget all kinds of information and keys. Many programmers have keenly discovered Bitcoin, but after finally reaping hundreds of times the profit on Bitcoin, they still end up regretting it for the rest of their lives because they sold it halfway.

It was not easy to know about Bitcoin ten years ago. Knowing about Bitcoin does not necessarily mean you understand its logic. Even if you understand its logic, you may not be willing to pay for it. Paying for it does not necessarily mean you dare to buy it in full. Daring to buy in full does not necessarily mean you can hold on to it during fluctuations. Holding on to it during fluctuations does not necessarily mean you can sell it at a relatively high point. After selling at a relatively high point and cashing out, there will be another investment, and you will have to face all the above problems again.

Don’t talk about what would happen if you bought Bitcoin 10 years ago. It was good enough to know about Bitcoin 10 years ago. You also had to know how to buy it, where to buy it, from whom to buy it, and how to store it. If you know all this, you would be an industry expert.

All in all, if you invest in Bitcoin, long-term holding will bring good returns. I believe that after experiencing these bear and bull markets, investors will have a new understanding of Bitcoin.

Many fans in the group will ask me, is the current price of Bitcoin still suitable for purchase? Can it be held for a long time? My answer is: it is still possible. Not only can it be purchased, but it is also worth long-term layout. If you buy at a low price, you will be pleasantly surprised compared to the stock market's returns!

If you don't believe me, try it now. Buy 10,000 yuan worth of Bitcoin now. Will the coins you bought still be there in ten years? If you are an ordinary person without much original capital, buying Bitcoin and Ethereum in the past would be enough to change your life after buying them for many years. If you buy now, the increase will be very small, and it will only make you a little more relaxed.

If I bought Bitcoin 13 years ago, it would be enough to change my life. I would have a villa, a luxury car, and I would have taken out a small portion of the funds to be a banker of altcoins and experience the feeling of being a dog banker. Most Bitcoins are stored in offline hardware chip wallets.

If I bought Bitcoin ten years ago, I would have more money on hand and probably would not go to work. I would do some self-media, travel every day, write travel guides, study the cryptocurrency world, and write some articles about the cryptocurrency world on my self-media. I could live a free life while making money and traveling.