#美联储降息 From a street vendor to a digital asset holder: an ordinary entrepreneur's journey in cryptocurrency
The crypto world is full of legends, but few stories are as unique as his—starting completely from zero. If industry giants are often portrayed as technical elites with formal training, then the name Guo Hongcai represents a different possibility: a person selling beef, who leveraged his keen sense of emerging assets to achieve a leap in wealth.
**The Starting Bet** He dropped out of high school to start his own business. In 2013, Bitcoin was still a niche topic, yet he invested all his assets into it. It wasn't based on profound theory, but more like an instinct-driven full commitment—fitting perfectly with the rhythm of that era. This wasn't cleverness; it was a reckless boldness.
**Two Migrations That Changed His Fate** The real story begins here. Early on, he ran mining farms in Inner Mongolia, but high electricity costs nearly wiped him out. Yet he didn't give up—instead, he made a bold decision: to move all his equipment to Sichuan and settle near hydroelectric stations. The low-cost power during flood season instantly changed the economic equation. This wasn't some profound strategy; it was the simplest cost logic—find the cheapest production factors and exploit them fully.
This experience is actually a microcosm of China's entire mining industry evolution. Countless miners have pursued electricity prices, migrating from Sichuan to Guizhou, then to Xinjiang. This "migrating for electricity" phase is filled with the raw accumulation stage of the industry.
**Current Identity and Controversy** Today, he is an opinion leader on social media, and his "HODL" philosophy has attracted many followers. Of course, he is sometimes mocked. But regardless of opinions, his story itself is the strongest form of communication—a regular person selling beef who changed his life through crypto assets. This narrative has inspired many later participants.
**What Can Be Learned** His path isn't easily replicable, but the core is worth pondering: when facing new opportunities, a fearless gamble often works better than meticulous calculations. In a market with coarse granularity, controlling core cost elements (like electricity) becomes the key to breaking through competition. Another point is that personal success stories in the crypto world have a natural magnetic appeal—this in itself is an asset.
His success is a mix of era dividends, market opportunities, and personal traits. Imitation should be cautious, but the spirit of daring to embrace new things and finding practical solutions in adversity—this could truly inspire ordinary people.
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MainnetDelayedAgain
· 2025-12-15 00:28
According to the database, this brother's crypto accumulation decision was made 11 years ago. During this period, how many times has he promised that "wealth freedom will eventually be achieved"... Let's wait patiently for the flowers to bloom.
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MEV_Whisperer
· 2025-12-14 22:40
To be honest, this story sounds exciting but can't be replicated; luck plays too big a role.
Oh wait, he's now gaining followers by telling stories, which is actually the biggest arbitrage.
Talking about holding coins is easy, but how many can really stick to it? Nonsense.
If this round of interest rate cuts truly materializes, the electricity costs will need to be recalculated, and miners will have an even harder time.
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GasFeeVictim
· 2025-12-13 14:03
Honestly, in 2013, all-in Bitcoin was really just betting on luck, haha, just timing the market right.
The logic of electricity costs is indeed absolute, but can you still do this now? Give me a break.
This story inspires later generations, no doubt, but 99% of people can't learn from it. It's all about timing and courage.
The period of moving into electricity-based residences is truly a part of industry history. Are there still such opportunities today?
People who hoard coins often say they are long-term believers, but it's really just about the power of storytelling.
Under the backdrop of the Federal Reserve cutting interest rates, everyone should be more cautious.
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GasWaster
· 2025-12-12 14:40
Even selling beef can make you the king of mining, I’ll cover this story!
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ImpermanentSage
· 2025-12-12 14:39
This story, to put it simply, is about good luck and taking big risks. Nearly going bankrupt due to electricity costs actually became the key to success. Quite realistic.
View OriginalReply0
GasWaster69
· 2025-12-12 14:31
Honestly, I've heard quite a few versions of this story... but can the strategy of rebounding by chasing electricity prices still work now?
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GasFeeSurvivor
· 2025-12-12 14:19
Everyone who sells beef can make a profit, so why am I still losing money?
View OriginalReply0
ForumLurker
· 2025-12-12 14:16
Selling beef can get you to the shore, but I'm still here debating when to bottom out haha
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ContractBugHunter
· 2025-12-12 14:11
Selling beef to hoard coins, I really have to say I'm impressed with this rhythm
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Basically, it's about betting on the right timing; luck plays a huge role
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The logic of electricity costs is indeed ruthless, but can it still be replicated now?
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It's a bit overhyped; in 2013, many people entered the market, he is just among those who survived
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This story can indeed brainwash newcomers; I already have people following the trend around me
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Is reckless courage called success? What if it fails?
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The hoarding coin concept attracts followers... but I'm just worried about being cut like韭菜 (chives)
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The Federal Reserve cutting interest rates, it's a bit delicate to tell this story now
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From mining to opinion leader, the persona switch is quite quick
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Cost optimization is real; other claims are mostly hype
#美联储降息 From a street vendor to a digital asset holder: an ordinary entrepreneur's journey in cryptocurrency
The crypto world is full of legends, but few stories are as unique as his—starting completely from zero. If industry giants are often portrayed as technical elites with formal training, then the name Guo Hongcai represents a different possibility: a person selling beef, who leveraged his keen sense of emerging assets to achieve a leap in wealth.
**The Starting Bet**
He dropped out of high school to start his own business. In 2013, Bitcoin was still a niche topic, yet he invested all his assets into it. It wasn't based on profound theory, but more like an instinct-driven full commitment—fitting perfectly with the rhythm of that era. This wasn't cleverness; it was a reckless boldness.
**Two Migrations That Changed His Fate**
The real story begins here. Early on, he ran mining farms in Inner Mongolia, but high electricity costs nearly wiped him out. Yet he didn't give up—instead, he made a bold decision: to move all his equipment to Sichuan and settle near hydroelectric stations. The low-cost power during flood season instantly changed the economic equation. This wasn't some profound strategy; it was the simplest cost logic—find the cheapest production factors and exploit them fully.
This experience is actually a microcosm of China's entire mining industry evolution. Countless miners have pursued electricity prices, migrating from Sichuan to Guizhou, then to Xinjiang. This "migrating for electricity" phase is filled with the raw accumulation stage of the industry.
**Current Identity and Controversy**
Today, he is an opinion leader on social media, and his "HODL" philosophy has attracted many followers. Of course, he is sometimes mocked. But regardless of opinions, his story itself is the strongest form of communication—a regular person selling beef who changed his life through crypto assets. This narrative has inspired many later participants.
**What Can Be Learned**
His path isn't easily replicable, but the core is worth pondering: when facing new opportunities, a fearless gamble often works better than meticulous calculations. In a market with coarse granularity, controlling core cost elements (like electricity) becomes the key to breaking through competition. Another point is that personal success stories in the crypto world have a natural magnetic appeal—this in itself is an asset.
His success is a mix of era dividends, market opportunities, and personal traits. Imitation should be cautious, but the spirit of daring to embrace new things and finding practical solutions in adversity—this could truly inspire ordinary people.
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