I calculated it.

CN
BITWU.ETH
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1 year ago

I calculated that in my eight years as a KOL, I've probably lost less than 700 million!

Here are the main major points of loss:

Loss in primary market investment

Loss due to insider information

Loss from wallet theft

Loss from being deceived by a master

Loss from being invited for tea

Loss from FTX closure

Among these, the number of bitcoins invested in 2018 alone was over 110, and I remember investing in over 1700 projects with Ethereum. At that time, the atmosphere was not good, and I always felt that I could make a billion in no time. Obviously, most of it turned out to be a pipe dream. If I had held onto them until now, you know…

Insider information is also a common way for those in this industry who think they are close to the "sickle" to lose! KOLs, thinking they are close to the "sickle," gradually start to see themselves as the "sickle," not realizing that they have always been a lamb waiting to be slaughtered! When the time is right, the big brother gives you some insider information, and it can make you lose everything!

Losing money from being invited for tea was unexpected! So there are always things in life that you cannot plan for, and it's important to take some preventive measures in advance! When I was "invited for tea," I was inside, and when money was needed outside, I was basically at the lowest point, sold most of my crypto assets, and then couldn't buy them back. Most importantly, in 2018, so many projects I invested in issued tokens after I entered, gradually going to zero after reaching highs. Yes, when I came back, they were all at zero!

Don't ask me how I know, don't wonder why I'm so indifferent now, everything has a reason, and these are such painful realizations!

Later on, I gradually realized that the best support comes from oneself, and the best investment comes from understanding!

If I had known earlier, the market is not lacking in opportunities, but patience is what it lacks the most.

Tread on thin ice, approach the abyss, live in the present, focus on the future, wait patiently, wait for the flowers to bloom, and slowly become wealthy, that's the way!

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