Just brushed through the moments, and found that Yi Lihua has been quite distressed recently.

Many newcomers only see Boss Yi and remember how he heavily invested in ETH when it was $1500 last year, then sold at $4500, catching a huge bottom. Then this year, he again heavily invested in ETH, and is currently in a state of unrealized loss.

Today, I will talk about the story behind Boss Yi.

Yi Lihua is a typical person without any background; both of his parents are farmers, and he has risen from the bottom through his own efforts. He probably started getting involved in the cryptocurrency circle around 2015, before which he earned several million through his hard work. But the real first explosion was during the bull market of 2017. At that time, he made a hundred times profit through Quantum Chain.

2017 was the era of ICO explosions. Although it seems like a bubble now, the Quantum Chain founded by Shuai at that time indeed benefited many retail investors. Without considering any conspiracy, retail investors could buy it, and it could soar by 100 times. This was the prosperous era of the cryptocurrency circle in 2017. At that time, there were many coins like Quantum Chain, and I will write articles to share about them when I have the opportunity in the future.

In addition to Quantum Chain, Yi Lihua has other impressive achievements, such as Sia (a pioneer in storage concepts), Zcash, etc. (Fun fact: Zcash was more expensive than Bitcoin when it launched).

Then came the bear market of 2018-2019. During this period, he founded De Capital and invested in many projects. However, due to the bear market, everyone was struggling at that time, and I remember their office was changed to a villa for rent, probably to save costs.

The bull market of 2021 brought back all the familiar tastes, and Yi Lihua rose again.

I also entered the circle in 2015, but my luck and strength cannot compare to Yi Lihua. I went from A5 to A8, then fell back to A6. I reflected on why I lost so much. A significant reason is that we made a lot of money from copying coins during the bull markets of 2017 and 2021, which led to a strong path dependence on copying coins; however, this cycle is indeed very unfriendly to copying coins.

I hope this time, Yi Lihua sees the issues that everyone has overlooked and can make a comeback.