The History of Lao Zhang's Coin Trading I accidentally discovered that my father-in-law was losing money. After browsing for more than 50000 yuan, it turns out that the market is really bad. Do you like to watch something easy, or does it represent the situation of some of the brothers and their families involved in cryptocurrency trading? Coincidentally, I wrote a few interesting stories about his cryptocurrency trading this weekend 1. He has Bitcoin and has been holding it for 8 years My father-in-law is one of the earliest Chinese people to use Bitcoin for currency exchange. At the time of the '94 Iron Fist' in 2017, domestic exchanges (such as Bitmain) were no longer allowing RMB withdrawals, and BTC's price against RMB plummeted (around 2700?), but the Australian exchange was still very high. I didn't have much capital at that time ， But using the advantage of natural identity to earn a price difference by moving bricks in three shifts. At that time, I casually mentioned to my father-in-law that although he was not young, his brain was very sharp. Coincidentally, he had the idea of buying a house in Australia, and immediately thought of whether he could take the opportunity to exchange RMB to Australia? Just do it as you say. On the same day, a sum of money was directly transferred to me for operation. A few days later, when I received all the BTC, I sold it in Australia because the price of the currency rose too quickly. As a result, after the fiat account was balanced, there were only a small 100 left (the unit price had already risen back to around $4000). He was persuaded by me when he sold all the way until he had 20 left, and he made a lot of money. He didn't lack this, so he invited me to have a good meal to celebrate. Then he forgot about it. Thinking back, it was already a bull market with a unit price of 20000 yuan, but after brainwashing me with Satoshi Nakamoto's white paper for an hour, he decided to throw it away as a lottery ticket first. What if it could really reach 100000 yuan? And then I don't remember much. I sold half of it for him after reaching 100000 this year, bought some back for over 80000, and planned to keep the rest as a family heirloom. What he said to me this time was' What if we can really reach one million? 'I don't need to brainwash anymore Now, after drinking too much with his old buddies, they all brag, 'Back then, I was also a person with hundreds of bitcoins, but now that's over a billion.' The opposite side is tender and tender 2. High end takeover of Dogecoin I have been in this industry for quite a long time, but he doesn't quite understand what I am doing. In his impression, he is probably just a small money trader who can earn a few small coins to make a living. One time, when Musk was crazily driving orders on Twitter in May 2021, he came to me with joy and asked, "Do you know Dogecoin. My heart skipped a beat. Isn't this the legendary anti finger signal? As soon as he asked, he heard about Dogecoin from his cryptocurrency broker and thought it had great potential, so he asked me to buy it on his behalf. I cautiously advised for a while, saying that this thing was already extremely hot, rising 70 times in a few months, but I didn't listen ， Give me a brainwashing Dogecoin, it will go to heaven and become the currency of the future. However, he bought tens of thousands of dollars worth of Doge for 0.7 dollars, and as you know, it will only last for 4 years. During this period, whenever he talked about cryptocurrency news during meals, his mother-in-law would bring it up and nag him on This year, he was originally proud, but he increased his position by 0.3 and fell without selling. Now he is trapped again and continues to be pressured. 3. Making money by experiencing Solana for the first time in knockoff Last March, he didn't know why he came to me on a whim to buy ETH (now he seriously suspects that he looked at Baidu) ）， I changed it to buy SOL instead of saying good or bad. 143 bought 1000 and made a happy profit of $50000 after 10 days. Although he still held it as usual and didn't sell it, he came up with a new way of bragging to his drinking buddies, starting to popularize what "counterfeit currency" is, and since then, he has had the illusion that it is easy to speculate on currency. Later on, he would occasionally instruct me to sell low and buy high, and the stability of the currency standard would decrease. Fortunately, it's not easy for him to climb over the wall in China, and he also dislikes the trouble of finding me for every operation. He didn't let go and started his own knockoff, otherwise I was really afraid he would drift away, and it's hard to say anything about him. ~~~~~~~~~~~~~~ Anyway， I really don't want him to know exactly what I do in the blockchain industry. Distance creates beauty. You said you lost money trading with fans, but you can withstand a few insults on Twitter. How can we meet again when you lose money trading with your boss? The pressure to admit one's mistake with a low profile and sincere expression after being criticized is too great He didn't lack much money in his daily life, so he could handle cryptocurrency trading and couldn't use leverage. So I just need to occasionally give him some advice on the timing of large currency inflows and outflows, with a high winning rate and ease for me.