Editor's Note: This article comes from31QUEditor's Note: This article comes from

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"I really believe in Justin Sun"

"It is either stupid or bad to still treat the blockchain as a scourge." Zhang Nan told 31QU.

Zhang Nan is a junior this year, studying e-commerce and law. This is the second call between us, and our last call ended in a hurry because of "teacher roll call".

"I knew the blockchain a long time ago, but I didn't want to go into this business at first." Before entering the currency circle, Zhang Nan was doing business in the field of overseas purchasing agents. His idol is Xue Manzi, "Xue Manzi can put a The company that is about to go bankrupt is the most powerful, just for this, I admire him very much.”

In 1991, Yutong Telecom Equipment Company was forced to transfer due to poor management. Xue Manzi acquired it and changed its name to Unitech, which later became UT Starcom. In a short period of time, Unitech was one of the leading communication equipment hardware manufacturers in China at that time.

And Zhang Nan first came into contact with the currency circle because of Xue Manzi.

On July 9, 2017, Xue Manzi posted a photo of himself and Li Xiaolai on Weibo, saying that he "finally found the way to fight for wealth and freedom" and officially joined the blockchain. At that time, domestic ICO projects were booming. Although Xue Manzi entered the market late, he came aggressively and invested in 20 projects within a month.

Among the 20 projects, Justin Sun's wave field is included. In fact, since 2015, Xue Manzi has been speaking for Sun Yuchen's "Ripple Coin" and "Ribo Technology" platforms. In August 2017, Xue Manzi publicly stated on Weibo that he was an advisor to TRON.

"Since the idol believes in Sun Yuchen, so do I." Zhang Nan stopped his e-commerce business, and instead used the community he had accumulated before to support Tron.

"Because of this, I had a conversation with Justin Sun, and he gave me a book." Zhang Nan said proudly.

Because of his help in community promotion, Zhang Nan got Tron worth 5,000 yuan in return in a month: "At that time, I really felt that I was very close to wealth and freedom."

Until September 4, the People's Bank of China and other seven ministries and commissions jointly issued the "Announcement on Preventing Token Issuance and Financing Risks", clarifying that token issuance and financing activities are involved in financial illegal and criminal activities, and requiring the clean-up and rectification of token issuance and financing activities.

"94" hit the cryptocurrency market hard, and many currencies plummeted, including Tron.

"As soon as 94 came, 5000 became 1800. At that time, I was really scared." Zhang Nan told 31QU that he was anxious to throw away the tokens at that time.

"At that time, there happened to be a buddy in the group who was promoting Infinity Coin (IFC). I looked at the market and found that many coins were falling, but only it was rising." So Zhang Nan replaced the wave field in his hand with Infinity Coin.

At that time, there was a slogan in the currency circle that was "Bit Gold, Wright Silver, Unlimited Copper". Although Infinity Coin has been included in the list of fund pyramid marketing organizations by CCTV, during the 94 turmoil, Infinity Coin did perform "powerfully", "overnight , Unlimited Coin rose from 0.0004 yuan to 0.004 yuan."

But Zhang Nan didn't feel any joy: "Because my mobile phone was stolen."

"Did you not record the mnemonic phrase of the wallet, or the account number and password of the exchange?" 31QU asked.

After losing the mobile phone, Zhang Nan panicked for a while, and after the phone card was reissued, the price of the unlimited coins had already dropped, "I didn't try to get it back again."

"I originally wanted to rely on the 18,000 yuan I earned to prove to my brother that speculating in coins can really make money." Speaking of it now, Zhang Nan still couldn't help feeling sad.

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"No sudden wealth?"

The first time he speculated on coins, Zhang Nan failed, "But it was an accident, and I will continue to buy."

At that time, seeing Tron sideways for a long time, and Sun Yuchen also went abroad, Zhang Nan judged that TRON could still be bought and made money: "The moment Sun Yuchen comes back, TRON will rise."

However, Zhang Nan was faced with the problem of "start-up capital". He once "all in" the tuition and living expenses of 10,000 yuan.

"My parents somehow found out about this. They thought it was a pyramid scheme and forced me to get the money back." Zhang Nan told 31QU helplessly, "Then I can only get it back."

However, it didn’t take long to change back, and Tron’s price increased by 10 times.

At the end of December 2017, TRON, which had been trading sideways at $0.02 for a long time, quickly rose to $0.26 within half a month. At that time, Bitcoin reached an all-time high of $20,089, and the bull market in the currency circle reached its peak.

Zhang Nan once again brushed shoulders with wealth.

What's even more helpless is that in the group promoted by Zhang Nan, most people bought Tron and made a profit. "I watched helplessly from the sidelines, and the feeling was really uncomfortable."

"Do you think I'm not destined to get rich?" Zhang Nan asked 31QU, because his next coin speculation experience also failed.

Although his parents objected, Zhang Nan was still quietly saving money to speculate in coins: "I skip one meal a day and save up the meal money, and I have almost 3,000 yuan in my hand."

"I didn't buy it into Tron, so I settled for the next best thing. I bought Infinity Coin with the money I usually saved." Zhang Nan told 31QU.

When Unlimited Coin was $0.00005, Zhang Nan exchanged all 3,000 yuan for Unlimited Coin. In fact, he was right again. "The rise and fall of Infinity Coin and TRON just happened to be staggered. Tron started to fall, and Infinity Coin rose, and it rose 30 times within 20 days."

If he sold it, Zhang Nan would earn 90,000 yuan, but he still missed it: "At that time, I put all the coins in the computer wallet, but because of the winter vacation, I sent the computer home first." When he arrived home by himself At that time, Unlimited Coin had already fallen.

"On the contrary, I looked away. I didn't make any money after several operations, so let's take the postgraduate entrance examination." Now, Zhang Nan has changed his WeChat name to "Public examination, don't disturb".

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“The money is too good to come”

Unlike Zhang Nan, Zhijie (pseudonym)’s coin speculation process was much smoother.

"Brother, can we be briefer? I haven't been here for long, and I'm afraid I'll be scolded by the boss after a long time." Zhijie just graduated from university this year. He didn't choose to take the postgraduate entrance examination, but instead devoted himself to the blockchain industry. "It feels like I have found an organization here."

Zhijie first came into contact with cryptocurrency in 2017.

"At that time, a buddy in my dormitory took me to play. Their family was playing futures and investment, so they came into contact with the currency circle much earlier than ordinary people." Influenced by him, Zhijie also started his career in currency speculation.

"At the beginning, I bought it on Jubi.com, and I bought small coins such as Xingyun Coin (MCC)." Zhijie told 31QU that he bought at 30 cents and sold at 1 yuan , Buying low and selling high made more than 10,000 yuan.

For the first time in his life, Zhijie was "stunned" and said, "My dear, this money is so good." He was very excited and planned to share the good news with his parents.

Thanks to the enlightenment of his parents, Zhijie has no worries on the road of currency speculation. Not only that, his father also gave him 20,000 yuan as the start-up capital of the currency circle.

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"Frying coins is luck"

Beginning in August 2017, Jubi.com, which was operating normally, temporarily suspended the deposit and withdrawal of coins, which made Zhijie nervous for a while, thinking that the principal was gone.

"But luckily, my money didn't go into it." Zhijie at the time let out a long breath, "But I never expected that 94 would come before I could catch my breath."

With the arrival of 94, all horses are silent, and almost all cryptocurrencies that can be seen in the market are experiencing a cliff-like dive.

Zhijie felt fear for the first time, "In those few days, I couldn't sleep all night, and I was afraid that if I woke up, I would have nothing left."

A bigger blow was yet to come. On October 31 of that year, Jubi.com, the earliest bitcoin trading platform in China, announced its shutdown.

"For the first time, I knew what it was like to be suffocated."

The blows came one after another, and Zhijie, who was already trembling, felt like retreating. "But at this time, my roommate told me not to panic and wait."

"Thanks to waiting for these three words, I survived the bull market." Zhijie still has lingering fears.

"In October 2017, I listened to my roommate's introduction and bought a small ant for 10,000 yuan, and the price was around 200 yuan at that time.

One month later, the price of NEO increased by 5 times. On November 15, 2017, NEO ushered in the highest price in history of 1350 yuan.

"I was lucky at the time, just in time for the violent rebound after 1994." Zhijie told 31QU solemnly, "The speculation in coins depends on luck."

Because he made a lot of money, Zhijie and the roommate who introduced him were called "angels" in the dormitory. "During that time, I basically invited my roommates to dinner every day. But in return, they had to help us with roll call and homework." .”

Zhijie and the others are obsessed with speculating in coins: "My roommate and I basically don't go to class in the evening. We watch the disk in the Internet cafe every day. Sometimes when we get tired of watching, we play a few games, and then Stare. Back and forth for a month or two."

Taking advantage of the bull market, Zhijie is like a fish in water in the currency circle: "Whatever you buy, you can earn whatever you want. You probably earned 100,000 before and after."

However, this grand occasion only lasted for a few months.

In February 2018, after Bitcoin reached its historical peak of 140,000 yuan, it took a sharp turn for the worse, and the entire currency circle went into a bear market.

"Basically during the Spring Festival, I felt that the situation was not right." Zhijie said: "But I didn't choose to leave the market. I changed all my encrypted assets into Bitcoin."

"I'm not afraid of it falling. I've already earned a lot. I didn't ask my family for a penny for tuition and living expenses for four years, and I gave a lot of money back to my mother. Now my mother no longer opposes me, but is proud of me. This It is the benefit that the currency circle brings to me.”

Since then, Zhijie has decided to enter this circle.