The tortuous journey of [Ethereum]:
In July 2014, the issue price of Ethereum was 1.86 yuan, and it traded sideways in the range of 1.4 yuan to 4 yuan for a whole year. Most people failed to survive the first year and sold the currency. Basically, there was no Make money, and some even lose money.
In August 2015, it rose to 23 yuan, finally rising 12 times. Many people made profits and left the market. In October, it fell back to 2.7 yuan, a drop of 90%. During this period of sharp rise and fall, more than 90% of people sold their coins and left the market, and some still lost money.
It rose to 98 yuan in March 2016, an increase of 36 times in 5 months. If you keep the currency for 5 more months, you can become a millionaire. Unfortunately, less than 10% of people are left to enjoy the wealth of ETH. It fell to 45 yuan in April, rose to 138 yuan in June, fell to 54 yuan in August, rose to 92 yuan in September, and fell to 38 yuan in December.
In March 2017, it rose to 350 yuan, an increase of 9 times in 3 months. In June, it rose to 2,660 yuan. In 6 months, it increased 70 times. In July, it fell to 850 yuan, a decrease of 70%. In August, it rose to 2,520 yuan. It rose to 3,280 yuan in November and 5,510 yuan in December.
In January 2018, it rose to 9,100 yuan, and it increased 4,900 times in more than 3 years. I became a multimillionaire when I bought 2,500 yuan of ETH coins. It fell to 2,280 yuan in March, a drop of 75%, rose to 5,380 yuan in April, fell to 1,070 yuan in September, a drop of 80%, and dropped to 525 yuan in December, a drop of 90%.
It rose to 2,350 yuan in June 2019 and dropped to 720 yuan in December, a drop of 70%.
It fell to 550 yuan in March 2020, a drop of 80%, rose to 1,970 yuan in August, and rose to 5,700 yuan in December.
It rose to 28,000 yuan in May 2021, an increase of 15,000 times in less than 6 years. If you bought 1,000 yuan of ETH coins, you would have 15 million yuan. It fell to 10,900 yuan in June, a 60% drop!
The current price today, November 14, 2023, is 15,390 yuan. In two years the price will be over $30,000, or even higher!
After experiencing the ups and downs of the currency circle, those who can hold on are the winners. Those who can not be greedy when the prices rise sharply, sell in large quantities, and not get bored when the prices plummet, and take advantage of the dips are the winners. Opportunities fall out
Stick to the mainstream coins in your heart, invest regularly and stick to it, and achieve financial freedom as soon as possible! $ETH