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Bitcoin and Garage Coffee in 2013

Let’s talk about garage coffee in 2013.

That year, on a lazy afternoon, young people from all walks of life poured into this new entrepreneurial mecca, chatting with all kinds of people with dreams, and blending projects. There were the proud students of Tsinghua University and Peking University, the dead-end Beipiao, and some

Dreamers with projects and sly investors.

Also that afternoon, Li Xiaolai was happily introducing what Bitcoin was to the first batch of curious young people in China in the garage coffee. Two young people sitting in the back row were talking quietly, and one asked: "Brother, what do you think about this?"

Is this thing reliable?" Another person replied in a low voice: "To be honest, I don't understand it, but it seems pretty cool." There was a young man named Erbao from Shanxi in the front row, but he listened very intently.

As recently as 2013, Garage Coffee could still pay with Bitcoin. In March of that year, an American international student named Jack asked if he could use Bitcoin to buy coffee. Huang Fen, Garage Coffee employee No. 2, later said: "We were

There was a partner who was researching Bitcoin and was worried that he had no place to look for it, so he agreed. However, before we could get the Bitcoin, he was replaced by a partner who was researching Bitcoin. In the end, we received cash.

"01In 2013, Zhao Dong was already the technical director of Garage Coffee.

At that time, he bought shares in Moji Weather and wanted to start a business, so he drank coffee in the garage.

Zhao Dong (2013): Last year, in March, a friend said that he was playing with Bitcoin, and he suggested that I also buy some Bitcoin.

I asked why I should buy this thing?

He said make money.

It’s very simple. I first started playing with Bitcoin because it looked like it could make money, because I had some money in my hand after selling Moji Weather.

In addition, I happened to sell my house last year. Why did I sell my house? Because I posted a Weibo post in October last year about buying Bitcoin after selling my house. Many people thought I was doing it for

I sold my house while speculating on Bitcoin. Every time I come out, I say this is a misunderstanding. I did not sell my house for speculating on Bitcoin.

In fact, I felt that China's real estate was going to collapse very early on.

Finally last year, I felt that house prices were relatively high, so I told my wife that we should sell the house.

When I talked to my wife before, she felt that there were no other assets in the family, and she felt that it would not be safe to sell the house and use the money to do other things. Last year, I finally succeeded in convincing my wife to sell the house, and I decided to do so on the same day.

Sold, sold on the same day.

Before that, part of the money I spent from selling my ink was actually a very poor investment. I deposited about half of the money in the bank on a regular basis, and the other half bought funds. There were no particularly good investments at that time.

, the regular interest rate for bank deposits is very low. After I bought the fund for a year, I found that I basically lost money, about 10%. I didn’t have good financial management methods.

Just at this time, my friend told me that you can play with Bitcoin. I took a look at the historical trend of Bitcoin. It fluctuated greatly. Large fluctuations prove that speculation is possible.

At that time, I deposited 50 yuan into Bitcoin China. I first tried what Bitcoin was. At that time, it should be 2,500 yuan per coin. It was not very fast at the beginning, but later I found that Bitcoin was rising very fast.

I was a little anxious.

One day I was drinking with friends at a garage coffee shop. In those few days, the price suddenly rose from 600 yuan to 1,000 yuan. My friend and I bought some Bitcoins together. Each of us got 10,000 yuan, and each of us bought 10. If it fell, we would not care.

Anyway, 10,000 yuan is not particularly important to us.

We sell it when the price rises to 1,500 yuan, regardless of whether it goes up or not.

We each bought 10 coins for 10,000 yuan. In less than a week, the price suddenly rose to 1,800 yuan. It should have exceeded 1,500 yuan at noon that day. At that time, he called me and said that Bitcoin passed 1,500 yuan.

, let’s sell it.

I said yes, I will sell it when I get back.

When I returned to the computer, the price reached 1,800 yuan. I sold 10 of them at exactly 1,800 yuan. I was very happy after selling them.

At midnight, two of my classmates from Dalian came over to drink with me at the Garage Coffee.

When we were drinking until midnight, I often took out my phone to check the price of Bitcoin. When I saw the price dropped to about 650 yuan, and then rebounded to 900 yuan, I bought 10 more for 900 yuan.

I sold it again the next morning for 1,300 yuan. In less than two weeks, I used 10,000 yuan to earn more than 10,000 yuan. I bragged to my wife and said that this investment was very successful. At that time, I didn’t

After using an iPhone, I bought an iPhone.

My first iPhone was due to a lucky speculation.

Xiaolai once told me that he also spent a lot of money mining at that time. After the mining failed, he realized that capital itself is the most efficient in the world of money.

I asked him at that time, how did you achieve the cost of 1 US dollar when buying Bitcoin, and he laughed and said that he happened to catch a descending channel at that time.

When I bought Bitcoin, I bought it for 10,000 yuan for the first time. It happened to rise to the historical high of 266 US dollars, and then it fell. After the fall, there was a bear market for about a few months. This happened to be a downward channel. I

Buy heavily in a descending channel.