#Strategy加仓BTC Mentougou, 94, 312, 519, LUNA, FTX, these numbers and names mean a painful lesson for veteran players.
In ten years of the crypto world, I have seen too many storms. Newcomers often fantasize about getting rich overnight, but anyone who has entered this market understands—things never follow the usual rules, and a single misjudgment can lead to disaster.
In 2014, the Mentougou incident, 850,000 BTC disappeared out of thin air, causing panic across the entire market. The 2017 94 storm saw market capitalization evaporate by 80% overnight, leaving many lying on the floor crying. In 2020, 312, Ethereum was hammered down to single digits, and countless accounts were wiped clean. In 2021, 519, the derivatives market crashed, 600,000 accounts were liquidated instantly, and leveraged traders were wiped out.
Later, LUNA went to zero, the algorithmic stablecoin fell from grace to the bottom. Then came the FTX collapse, turning exchanges themselves into risks—user funds had no safe harbor.
These are living lessons. The market seems to be constantly advancing, opportunities everywhere, but what is the truth? The market will never follow your script. When the market is hot, those who get carried away are often the ones with the worst memory.
Looking now at $SOL, $ZEC , these coins remain popular, and various projects seem to be riding the waves forward, but you need to think clearly—few people can come out unscathed from these cycles, and those who get rich overnight are even rarer.
True wisdom is not in chasing the hot trends, but in taking each step steadily. Black swans never give advance notice; they often arrive suddenly when the waters are calm. Caution is not cowardice but respect for market laws.