Cz "Binance Life" @cz_binance Cz's First Soha Sell the apartment In December 2013, I officially left Fuxin and started selling houses in Pudong. At this point, the price of Bitcoin has soared to $1000, more than ten times higher than when I had dinner with Li Qiyuan. The problem is: I haven't started buying Bitcoin much yet. Just tentatively bought a little, far from his suggestion of 'allocating 10% assets'. In January 2014, I started receiving payments for the house one after another, and only then did I begin to invest heavily in Bitcoin. This experience has made me deeply realize the importance of liquidity. The house is comfortable to live in, but it is too slow to become a reality. I continue to increase my holdings in Bitcoin. As the coin price dropped from $800 to $600, and finally reached $400, I inadvertently averaged the cost around $600. Less than a month later, in February 2014, Mt. Gox collapsed, causing Bitcoin to plummet to $200 and remain at this low level for a year and a half. The money I just sold my house is equivalent to a two-thirds reduction. During that time, my mother often wanted to slap the back of my head and say, 'Why can't you do a decent job like your sister? You're doing well in a big company, why do you have to foolishly start a business and use Bitcoin?' That period was indeed difficult to endure. I often ask myself: Is everyone wrong, or am I the only one wrong? But I have always held onto these bitcoins, firmly believing that blockchain is the future of currency.