There’s a very popular meme online: buy Bitcoin for 1,000 yuan in 2010, hold it all the way to now, and it has already grown into 10 billion yuan. Sounds simple—“just hold onto it.”

What do the people who truly managed to hold actually rely on?
Not smartness, but—forgetting passwords, getting sent to prison, or simply not caring.

Someone has worked out the numbers: if you spent 1,000 yuan to buy Bitcoin in 2010, then through all the crash cycles in between, the cumulative maximum drawdown exceeds 99%.
In other words, your assets once fell to just 1%.

When your balance drops from 1 million to 10k, can you still believe “it will come back”?
Bitcoin has surged 2 million times over the past 15 years, but behind that number are countless wipeouts and panic, countless sleepless nights, and countless people cutting losses and exiting before dawn.

The story of 1,000 yuan turning into 10 billion yuan is real—but are there really people who could hold from start to finish?
So the hardest part of investing has never been “what to buy,” but “being able to hold.”