#ETH Let's talk about Ethereum today. Ethereum has been weak recently and has been questioned by the entire network. Christmas has passed, and the market has been quiet with no news to share. Let's give everyone a deposit of faith 😄😄😄 and talk about Ethereum's development over the past seven years.

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Many people do not know how Ethereum came about, and how it has come all the way. Let me popularize it for everyone. It's really a bloody story, more exciting than a TV series.
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In the first stage, in July 2014, ETH was issued at a price of 1.86 yuan. After its release, it traded sideways in the range of 14 yuan to 2 yuan for a whole year. Most people couldn't hold on and sold it, basically not making any money, and some even lost money.
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In the second phase, in August 2015, it rose to 23 yuan, finally increasing by 12 times. Many people made profits and exited. In November, it fell back to 2.7 yuan, a decline of 90%. During this period of significant rise and fall, more than 90% of people have sold their B and exited, and some have even cut their losses.
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The third stage, 2016, was also a wonderful year. In March of that year, it entered a period of rapid rise, directly soaring to 98 yuan, a 36-fold increase in one month. Unfortunately, less than 10% of people enjoyed the appreciation of this wealth. In April, thunderstruck, it fell to 45 yuan, and many people began to cry out that Ethereum was a scam. Little did they know that in June, it soared to 138 yuan, fell to 54 yuan in August, rose to 92 yuan in September, and fell to 38 yuan in December. This year can be described as a magnificent and tumultuous time, with unpredictable fluctuations.
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Although the third stage of 2016 was full of ups and downs, it laid the dual foundation of popularity and market for Ethereum. In March 2017, the price directly rose to 350 yuan, a nine-fold increase in three months. Then came the widely popular ICO in China, where all projects issued tokens on the Ethereum public chain, and all projects raised ETH. In June 2017, the price rose to 2660 yuan, a 70-fold increase in six months, and dropped to 850 yuan in July, a 78% decrease. In October, it rose to 2520 yuan, and in November it rose to 3280 yuan. In January 2018, it rose to a then-record high of 9100 yuan. Over the course of more than three years, Ethereum rose a total of 4900 times.
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In the fourth stage of 2018, the bear market washing mode was started. Starting from March, the price, which was over 9000 yuan, dropped to 2280 yuan, a decrease of 75%. In April, it rose to 5380 yuan, and in September, it dropped to 1070 yuan, a decrease of 88%. The most drastic was in December when it fell to 525 yuan, a direct decrease of 90%.
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In the fifth stage, in June 2019, it rose to 2350 yuan, dropped to 720 yuan in December, and in March 2020, everyone was scared to death when it reached 312, and it fell to 550 yuan, a drop of over 88%. It wasn't until the rise of Defi from August to December that things started to improve, and it rose to 5720 yuan. Then, it started to go uphill again.
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Phase six, rose to 31000 yuan in May 2021.
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In less than six years, it has increased by 15,000 times. If you had bought it for 1,000 yuan at the beginning, you would have 15 million yuan now. Can you honestly say you can handle it?
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So, there are two things that are most likely to make you poor in the B circle: jumping around like a monkey and leveraged contracts.
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Ethereum is not born as the pride of heaven like BTC, and it is worshipped by the masses. 90% of its life is spent in questioning and criticism. It has been pronounced dead in the early stage of every bull market, and it was said to be replaced by certain coins. But in the end, Ethereum remains strong, while those coins that once vowed to replace it have vanished. After experiencing years of ups and downs, it has stood the test. To win, one must have the perseverance. Great wealth does not require great intelligence, only sufficient patience, and those who achieve great things must have great perseverance.
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#以太坊
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