In the cryptocurrency circle, there is a person whose name is mentioned by countless people, and he is "Brother 480,000". He bought 100 bitcoins with 480,000, and live-streamed on Baidu Bitcoin Post Bar, but he sold out before the dawn of his fortune, missing out on tens of millions or even hundreds of millions of dollars. His story is not only a tragedy, but also an inspirational and educational drama. This article will review the experience and mental journey of this legendary figure, as well as his influence and inspiration on the cryptocurrency circle from the following aspects.
1. The starting point of 480,000 brother
The real name of 480,000 brother is unknown, but some of his background information can be inferred based on his comments on the forum. He is an ordinary office worker with a loving wife and a lovely daughter. He and his wife have saved money for seven or eight years to buy a house. He is interested in Bitcoin, but does not have much knowledge and experience. He is an impulsive and persistent person with a gambler's mentality and courage.
Brother 480,000 bought Bitcoin on January 28, 2014. At that time, the price of Bitcoin was about 4,800 yuan. He used the 480,000 yuan that he and his wife had saved for seven or eight years to buy 100 Bitcoins, and posted a post on Baidu Bitcoin Forum with the title "I bought 100 Bitcoins with 480,000 yuan". He said in the post: "I don't know if this is the right decision, but I believe Bitcoin will have great room for development. I want to turn the down payment into full payment, and even make money for a car. I will broadcast my cryptocurrency trading process here, and everyone is welcome to follow and guide me."
This post quickly attracted the attention and discussion of other users in the forum. Some supported him, some opposed him, some encouraged him, and some laughed at him. Some said he was a warrior, some said he was a fool, some said he was a leek, and some said he was a whale. In short, Brother 480,000 became one of the hottest topics in the forum.
2. The process of 480,000 brothers
After 480,000 started live streaming, he began his long and tortuous journey of cryptocurrency trading. In the process, he experienced the ups and downs of the Bitcoin market, as well as changes and challenges in his own mentality. He was happy and sad; he persisted and wavered; he made profits and lost money. The following are some representative remarks he made in the forum:
• February 7, 2014: “Bitcoin has fallen sharply today, from more than 5,600 to more than 4,800. I still don’t plan to sell it, I believe it will go back up.” (The highest price of the day was 5,636 yuan, and the lowest price was 4,800 yuan)
• February 12, 2014: "Bitcoin rose a little bit today, from more than 4,500 to more than 4,700. I still don't plan to sell it, I believe it will rise further." (The highest price of the day was 4,720 yuan, and the lowest price was 4,500 yuan)
• February 15, 2014: "Bitcoin fell a little bit today, from more than 4,700 to more than 4,600. I still don't plan to sell it, I believe it will rebound." (The highest price of the day was 4,719 yuan, and the lowest price was 4,600 yuan)
• February 22, 2014: "Bitcoin has risen a lot today, from more than 4,600 to more than 5,000. I still don't plan to sell it, I believe it will rise even higher." (The highest price of the day was 5,028 yuan, and the lowest price was 4,601 yuan)
• February 25, 2014: "Bitcoin has fallen a lot today, from more than 5,000 to more than 4,000. I still don't plan to sell it, I believe it will stop falling." (The highest price of the day was 5,019 yuan, and the lowest price was 4,000 yuan)
• March 3, 2014: “Bitcoin has risen a lot today, from more than 4,000 to more than 4,400. I still don’t plan to sell it, I believe it will break through 5,000.” (The highest price of the day was 4,439 yuan, and the lowest price was 4,001 yuan)
• March 4, 2014: “Bitcoin rose even more today, from over 4,400 to over 4,900. I still don’t plan to sell it, I believe it will break through 6,000.” (The highest price of the day was 4,919 yuan, and the lowest price was 4,438 yuan)
• April 4, 2014: "Bitcoin fell a little bit today, from more than 4,900 to more than 4,800. I still don't plan to sell it, I believe it will break through 7,000." (The highest price of the day was 4,918 yuan, and the lowest price was 4,801 yuan)
• April 26, 2014: “Bitcoin fell a lot today, from more than 4,800 to more than 4,200. I have no confidence anymore, I feel like a failure.” (The highest price of the day was 4,801 yuan, the lowest price was 4,201 yuan)
From these remarks, we can see that 480,000 has always maintained an optimistic attitude and a firm belief in the process of speculating in cryptocurrencies. He believes that the price of Bitcoin is only a temporary fluctuation, not a long-term trend. He believes that the price of Bitcoin will continue to rise, not continue to fall. He believes that his investment will pay off, rather than end in vain. He has never given up on his goals and dreams.
However, in the process, he also encountered many difficulties and challenges. He not only had to face market changes and risks, but also family pressure and doubts. He not only had to endure the shrinkage and loss of assets, but also psychological torment and torture. He not only had to endure the ridicule and sarcasm of the outside world, but also the contradictions and entanglements in his heart.
Brother 480,000 also revealed some of his personal situations in the forum. He said that he did not tell his wife that he bought Bitcoin, but lied that he saved the money. He said that every time he saw the price of Bitcoin fall, he felt like he was going to collapse. He said that every time he heard his wife say that she wanted to buy a house, he felt like he was going to die. He said that every time he saw his daughter's cute smile, he felt like he was going to cry.
In the process of speculating in cryptocurrencies, Brother 480,000 did not get the support and understanding of his family, but brought a lot of pain and trouble to his family. His wife never knew that he used the house money to buy Bitcoin, but was deceived and concealed by him. His daughter has never had a stable and warm home, but was neglected and ignored by him. His parents have never had a son who can feel at ease and at ease, but have been dragged down and worried by him. Brother 480,000 also lamented in the forum that he felt sorry for his family. He said that he wanted to give his family a good life, but pushed his family into the abyss. $BTC $ETH $BNB
3. The End of Brother 480,000
After buying Bitcoin, 480,000 has always adhered to his beliefs and goals and has never sold a single Bitcoin. He has also been updating his trading situation in the forum and sharing his joys and sorrows with other users. However, on May 6, 2014, this post suddenly stopped updating. From that day on, 480,000 has never appeared in the forum again. What happened to him? Where did he go? Did he sell it? These questions have been bothering other users in the forum.
Some people speculate that Brother 480,000 may have chosen suicide or escape because he could not bear the pressure of the continuous decline in Bitcoin prices. Some people speculate that Brother 480,000 may have chosen to divorce or break up because his wife found out that he bought Bitcoin and could not face his family. Some people speculate that Brother 480,000 may have realized a profit due to the rebound in Bitcoin prices, so he chose to sell or disappear. Some people speculate that Brother 480,000 may have chosen to give up or transfer because he could not continue to speculate in Bitcoin for other reasons.
However, these are just speculations, without any evidence or clues. Brother 480,000 disappeared from the forum like a mystery. He left behind an unfinished story and a question that can never be answered: If he had not sold his Bitcoin, what would he be like now?
IV. The influence and enlightenment of 480,000 brothers
The story of Brother 480,000 caused a sensation in the forum, became a good story in the cryptocurrency circle, and became popular on the Internet. He became a legendary figure and also an educational case. He brought us a lot of influence and enlightenment. We can summarize it from the following aspects:
• Impact on investors. The story of 480,000 provides investors with a vivid and real example, allowing investors to see the scenery and risks of the cryptocurrency market, and also allows investors to see their own strengths and weaknesses. Investors can learn some investment knowledge and skills from 480,000, and can also reflect on some investment mentality and principles from 480,000. Investors can get some encouragement and motivation from 480,000, and can also get some warnings and lessons from 480,000.
• Impact on the market. The story of 480,000 Brother provides the market with an interesting and meaningful topic, allowing the market to see the diversity and vitality of the cryptocurrency market, and also allowing the market to see the problems and improvements of the cryptocurrency market. The market can feel some of the market's emotions and expectations from 480,000 Brother, and can also find some market opportunities and potential from 480,000 Brother. The market can learn some market experiences and lessons from 480,000 Brother, and can also be inspired by 480,000 Brother for some market innovation and development.
• Impact on society. The story of 480,000 provides society with an intriguing and thought-provoking story, allowing society to see the charm and challenges of the cryptocurrency society, and also allows society to see the value and responsibility of the cryptocurrency society. Society can learn from 480,000 some of the characteristics and laws of the cryptocurrency society, and can also understand some of the confusion and expectations of the cryptocurrency society from 480,000. Society can support some of the progress and contributions of the cryptocurrency society from 480,000, and can also supervise some of the risks and norms of the cryptocurrency society from 480,000.
In short, the story of 480,000 brother is an extraordinary story and also an enlightening story. It shows us the struggle and dream of an ordinary person in the cryptocurrency market, and also shows us the failure and regret of an ordinary person in the cryptocurrency market. It provides us with a window to observe and learn about the cryptocurrency market, and also provides us with a mirror to reflect on and improve the cryptocurrency market. It has brought us some laughter and tears, as well as some thoughts and enlightenment. It is a story worth remembering and spreading, and it is also a story worth learning from and being vigilant about. It is a story belonging to 480,000 brother, and it is also a story belonging to all of us. #BTC #etf #DeFiChallenge
