In the currency circle, there is no shortage of stories of overnight success and counterattacks.

Guo Hongcai, known as "Second Master Bao", is such a typical person in the currency circle.

01【From Pingyao to Beijing】

In 1985, Guo Hongcai was born in a small town in Pingyao, Shanxi, and his nickname was Erbao (this may be why he subsequently called himself "Er Bao").

When he was a child, Guo Hongcai didn't show much "different from ordinary people", and he didn't seem to be good at studying, and his grades were not very good. When the college entrance examination ended in 2003, he only scored more than 300 points and failed to pass the college entrance examination. His father gave Guo Hongcai 10,000 yuan and asked him to go to Beijing to make a living.

With a "huge sum" of 10,000 yuan in his pocket, Mr. Bao went to Tsinghua University alone and stayed there for free for three years. I didn't get into college, but I actually received three years of college education.

At Tsinghua University, he not only studied, but also struggled every day to make money to support himself.

With the money given by his father, he bought a second-hand laptop and often watched American TV series online to learn English. He thought these American TV series could make money, so he cut them into discs and sold them for money.

He also did a lot of business and did whatever he could to make money. These small businesses did not bring him much gain, and many of them ended in vain.

Who would have thought that later the famous "Bao Erye" in the currency circle would start his business journey from pirated CDs?​

02【Love brought by cycling】

In 2006, 21-year-old Guo Hongcai was tired of running a small business. He made a bold decision to ride a bicycle across the country.

On the long and magnificent Sichuan-Tibet line, the young Erye Bao met Jin Yangyang, the later "Mrs. Bao", who was also the noble person in his life and the woman who changed his destiny.

At that time, Jin Yangyang was still a student at Sichuan Agricultural University, riding a bicycle to participate in activities organized by the school. Jin Yangyang saw him walking alone on the Sichuan-Tibet line and felt that this man was quite courageous. After Guo Hongcai's repeated requests, the two parties exchanged mobile phone numbers. When they were about to break up, Guo Hongcai half-jokingly said he wanted to find her.

Guo Hongcai has always been obsessed with Jin Yangyang, and his longing made him desperate, so he went directly to Jin Yangyang's hometown in Sichuan. When he met Jin Yangyang's parents, Guo Hongcai directly announced his family name and said that he was Jin Yangyang's boyfriend. Jin Yangyang was also stunned at the time and did not refute. Just like that, the two of them became boyfriend and girlfriend.

In a later interview, Jin Yangyang mentioned that she felt that Erbao had a free and wandering handsomeness: "He said something to me at that time, 'I want to hold your hand and go on forever.' I shook my hand at that time I opened it, but that sentence has always been deeply imprinted in my mind.”

03【From selling beef to stud Bitcoin】

In 2008, after Jin Yangyang graduated from university, Guo Hongcai abducted her to Shanghai, and the two planned to start a business together. After getting married, the two opened a Pingyao beef shop on Tmall. The sales were very good, and they even ranked first in the same category. They also got the first pot of gold in Internet e-commerce.

But Mr. Bao is "unwilling to be lonely" again and wants to return to Beijing again. Even though he already had two children at that time, Mr. Bao still did not want to be limited to this life that could be seen at a glance. Jin Yangyang agreed, and the two of them packed their bags and left immediately.

After arriving in Beijing, Yangyang accidentally went to Cigarage Cafe, which was also the beginning of their changing destiny.

Jin Yangyang accidentally listened to Li Xiaolai's sharing in this cafe and bought 100,000 yuan of Bitcoin at a price of 500 yuan per coin.

At first, Jin Yangyang did not tell Guo Hongcai, but soon, Bitcoin rose to 600 yuan per coin, and she couldn't help but show off her "investment vision", which scared Guo Hongcai, for fear that she Have you fallen into a "pyramid marketing trap" or encountered a scammer? He asked Jin Yangyang to sell his Bitcoins and stop the loss immediately, but Jin refused.

With no other options, Guo Hongcai followed Jin Yangyang to Garage Coffee, wanting to meet Li Xiaolai in person.

Unexpectedly, after a conversation, Guo Hongcai suddenly realized that he no longer wanted to sell any beef, and Bitcoin was his future. So, he threw himself into Bitcoin.

As soon as he entered the Bitcoin circle, Guo Hongcai borrowed money from relatives and friends around him and purchased all Bitcoins. He even invested in Li Xiaolai’s Bitcoin fund. Of course, this investment later proved to be a mistake.

In 2013, Guo Hongcai and Jin Yangyang successively founded "Yangyang Interview" (interviewing various celebrities in the Bitcoin circle) and "Bao Erye teaches you how to play with Bitcoin step by step". Bao Erye's name gradually became famous in the currency circle.

04【Start losing money before you start making money】

In 2014, the Mentougou Exchange ran away, and the price of Bitcoin plummeted. As currency prices plummeted, Guo Hongcai watched the market value of his account shrink every day, including a lot of money he borrowed from relatives and friends, and the pressure was increasing day by day.

With the funding of several friends, Guo Hongcai went to Inner Mongolia in 2015 and established a Bitcoin mine.

The electricity bill there is cheap, only 30 cents per kilowatt-hour, and the climate is cool, which just solves the problem of high heat generated by Bitcoin mining machines. But the bitcoins mined every day are just enough to cover electricity bills. In the end, Guo Hong sold the mine to Bitmain.

In order to expand his influence, Guo Hongcai bought BTC123, the country's largest Bitcoin information website, at a cost of 5,000 Bitcoins. Then, driving his car, he started his Bitcoin "preaching tour."

He was not well-known at first until 2016.

In 2016, Erye Bao was invited to participate in the Davos Forum. Wearing a white T-shirt, large pants and sandals, he talked among the elites in suits. He put forward the argument that "the value of Bitcoin is equal to The value of the GDP of all countries in the future." After this experience, Mr. Bao became completely popular.

05 [Platform, don’t look at good or bad, only look at money]

Once you have traffic, it’s time to monetize it.

Bao Erye did two things

1. Crazy Platform

In order to gain popularity, many token projects seek endorsements from celebrities. Second Master Bao is the number one candidate, why? Because he doesn't refuse anyone who comes, he doesn't understand it anyway. As long as the project owner pays platform fees, he will spare no effort to promote it.

According to incomplete statistics, the Baoerye platform has more than 100 projects. WB netizens once broke the news that Baoerye earned 200 million yuan through the ICO platform.

2. Bitcoin Whampoa Military Academy

In August 2017, Bao Erye established a "Coin Circle Huangpu Military Academy" in Guangzhou, which attracted more than 20 ICO projects. The projects were uneven. People who did not have basic financial management knowledge and unconditionally trusted Bao Erye found that many The project was ruthlessly "harvested".

On September 4, 2017, the central bank jointly issued a document with seven departments to completely halt ICOs, defining ICOs as illegal fund-raising and operating cryptocurrency exchanges as illegal activities.

Mr. Bao Erye has a keen sense of smell. One second he was still campaigning for ICO, and the next second he immediately launched the "ICO Legal Popularization Tour in China". I have to admire his "flexibility and flexibility".

However, in any case, Bitcoin rose by as much as 1,700% in 2017. Bao Erye, the master of Bitcoin, has already realized the freedom of wealth in life.

06【Immigrate to the United States to establish JiuCai Manor】

Bao Erye, who relies on Bitcoin and ICO, seems to have a guilty conscience. Before the iron fist of supervision has fallen, he has already made money in the United States in advance.

In January 2018, Guo Hongcai located himself in the United States for the first time and sent out a Weibo post, which meant that he and his family had moved to the United States.

In March of that year, he spent more than 30 million yuan to buy a 100-acre villa estate in Silicon Valley, USA. This mansion is located deep in the forest on the outskirts of Los Gatos, a place ranked among the 33 richest in the United States.​​

He also opened up a small corner in his mansion and planted lush green chives, and hung a sign that read "Chive Manor". Bao Erye claimed that this name was not to mock chives, but to give people in the cryptocurrency circle a base to come whenever they want (I don't believe it).

Why is a high school beef seller able to achieve financial freedom? A bold man, with a dream of wealth and freedom, caught up with the tide of the times... and in just a few years, he realized his dream of wealth and freedom.