#Gate广场披萨节

In 2010, I didn't know about Bitcoin, but I bought a Bitcoin worth 900 RMB.

In 2013, I heard about Bitcoin for the first time, 1200 RMB, from a friend who recommended it to me, asking if I could buy some.

I didn't buy it, I told him, "You better take it easy."

Half a year later, my friend told me, "Bitcoin has risen to 6,000."

This time, I bought some.

A month later, Bitcoin rose to 8,500 RMB.

I didn't sell.

Later, Bitcoin kept falling to 4,000 RMB,

I got liquidated on a contract.

Another half year later, Bitcoin dropped to 900 RMB,

This time, I made a lot of money by shorting.

Looking at the Bitcoin worth 900,

I bought 20 with a conflicted mind, stored them in a hardware wallet, hoping to be a long-term believer like those big shots.

Back then, my friends all laughed at me as a "bagholder," and I bought with the mentality of zeroing out.

A year later, in the roaring bull market, Bitcoin rose back to 8,888 RMB,

My friends all said I was awesome, and I confidently said, "I'm going to cash out at the top."

I opened my hardware wallet and sold all 20 Bitcoins I had stored for over two years, nearly ten times the amount.

Later, every year during Pizza Day, I couldn't help but wish I could find a crack to hide in.

In the crypto world, this is just an ordinary, even more ordinary, "panic selling" story.

A few months ago, a friend asked me, "Do you remember that year you shorted and made a killing, and I transferred you those 30 Bitcoins?"

I paused for a moment, and the pain wasn't about those 30 Bitcoins,

but recalling that over the years, I’ve done contracts, played gold-dog, mined, arbitraged—had moments of glory and despair—yet, in summary, not only did my coins decrease, but my money also became less. Why, from my 900 RMB Bitcoin to now, haven't I made much money as a fellow participant?

The answer I reflected on is—because I don't hold coins, I lack patience.

So in the crypto world, maybe in the end, it's not about how low you can buy, but how long you can hold. Dear viewers, have you ever bought Bitcoin at the lowest point? Did you panic sell? Leave a comment and share!