The Risks and Regrets of Bitcoin Investment

Let me tell you a story about a friend’s experience:

My undergraduate degree was from Tsinghua University, where I studied computer science. I did Bitcoin-related projects as an undergraduate, and I have some understanding of Bitcoin. I found that the biggest use of Bitcoin is actually illegal transactions, money laundering, and so on.

At that time, I understood that Bitcoin was an air currency and felt that it had no value in itself. For example, gold is recognized as a valuable thing by everyone, but Bitcoin actually has no basis and is not recognized by the country. Its price depends entirely on everyone's psychological expectations for investment.

Later, I went to graduate school, established a blockchain-related team, participated in some competitions, and won tens of thousands of yuan in bonuses one after another.

At this point, I still don’t understand why everyone wants to buy, but I find that they are all gambling, which is equivalent to a pyramid scheme. As long as I am not the last one to run, I can make money. So in 2018, I spent more than 70,000 yuan to buy a little more than one Bitcoin.

This money was almost all my savings at that time, leaving only a little living expenses. I thought it would increase.

But I am relatively inexperienced and not very determined. I am always selling. I may have traded hundreds of times from 2018 to 2019. In one year, I sold more than one bitcoin for a few tenths each time, and sold hundreds of them. Every time, it can range from a few hundred yuan to tens of thousands. When it goes up, you sell it, and when it goes down, you buy it. By the beginning of 2019, almost all of them were sold. If you look at it occasionally, there will be 20,000 yuan worth of Bitcoins in the account, 0.076 .

In the end, there was no loss or profit.

Last month I accidentally logged into a phishing website, and my account on the trading platform was stolen. The remaining Bitcoins were transferred by someone else and sold to another account at a low price. I never got the money back. , the platform told me to call the police. I went to the police and they said the platform was not cooperating.

The Shenzhen police say they can accept your case and register it for you, but it is of no use after registration, because there is a problem in this matter, the amount of your case cannot be defined. Our country does not recognize Bitcoin. It is unclear how many RMB the price of your Bitcoin should correspond to. I asked some relevant lawyers, and the lawyers also said that the amount of the case is really not easy to define.

So I think the platform has some risks.I later logged into my account and saw that 500 transactions had occurred within 3 hours. It was impossible for humans to do it so quickly manually, which meant that the other party used a machine to do the transactions. I think the platform should do interception, and its review is not very strict.

Now it still hurts me to think about losing 20,000 yuan. I like to eat Japanese food and Japanese barbecue. Every time I go there, I think that I could have eaten Japanese food 50 times for the money I lost.

After reaching a certain age, I found that everyone started to talk about stocks and investments. When we were having dinner at work, everyone was talking about how the stock market was going today. Including when I was studying, I didn’t know why everyone liked to talk about housing prices, but now I understand.

I have some friends who are a few years older than me, and their salary is only a part of their income. They still do part-time jobs or invest in their free time. As long as they try enough times and there is a chance to make a fortune, they can get on the bus and buy a house directly. , and then you can lock in the profits.

Now I still can’t understand Bitcoin, I think it’s just speculation. But I will still buy it because I am speculative.

热点：Bitcoin THE