#PI Many people do not know how Ethereum was born and how it has developed along the way. Today, I will share the experiences from this journey, which were filled with turmoil and dramatic changes, a thousand times more exciting than any TV drama.

🌹Phase 1: In July 2014, Ethereum was issued at a price of 1.86 yuan. After the issuance, it maintained a stable range between 1.4 yuan and 2 yuan for an entire year. Most people couldn't hold on and chose to sell, basically not making any profit, and some even incurred losses.
🌹 Phase Two: In August 2015, it rose to 23 yuan, eventually increasing 12 times, leading many to take profits and exit. However, in November, it fell back to 2.7 yuan, a decrease of 90%. During this significant rise and fall, over 90% of people had already sold their B and left, while some still incurred losses.
Phase Three: 2016 was a particularly exciting year. In March, it entered a surge mode, skyrocketing to 98, increasing 36 times in just one month, but unfortunately, less than 10% of people enjoyed this wealth growth. In April, a bolt from the blue, it fell to 45, and many began to shout that Ethereum was a scam. They did not know that in June it soared to 138, then in August it dropped to 54, rose to 92 in September, and then fell back to 38 in December. This year was truly glorious, with ups and downs.
In the third phase of 2016, despite experiencing many ups and downs, a dual foundation was laid for the popularization and market of Ethereum. Therefore, in March 2017, it skyrocketed to 350 yuan, growing nine times within three months, followed by the well-known "ICO" boom in China, where all projects issued tokens on the Ethereum public chain, and all projects raised funds in ETH. In June 2017, it rose to 2660 yuan, increasing 70 times within six months, then fell to 850 yuan in July, a drop of 78%. In October, it rose to 2520 yuan, reaching 3280 yuan in November. In January 2018, it peaked at 9100 yuan. Over a span of more than three years, Ethereum grew a total of 4900 times.
🌹Phase Four: In 2018, it entered the bear market washout mode. Starting in March, the price fell from above 9000 yuan to 2280 yuan, a decline of 75%. In April, the price rose again to 5380 yuan, but in September it dropped to 1070 yuan, a decline of 88%. The most severe drop occurred in December when the price fell to 525 yuan, resulting in a 90% decrease.
🌹 Stage 5: In June 2019, the price rose to 2350 yuan, then fell to 720 yuan in December. In March 2020, the terrifying 312 incident occurred, and the price plummeted to 550 yuan, a decline of over 88%. It wasn't until the rise of DeFi from October to December that the situation began to improve, with the price rising to 5720 yuan. Then, the price began to rise again.
🌹Phase 6: On November 10, 2021, the price rose to 31,200 yuan.
In less than 7 years, it has grown 15,000 times. If you had bought 1,000 yuan back then, you would now have 15 million yuan. Honestly ask yourself, can you really hold on?