#数字资产市场动态 Take a look at how the pioneers in crypto assets entered the market

The timeline of these veteran players in the crypto space is quite interesting. Xu Mingxing was the earliest, encountering $BTC in 2011 through a source in a TV series. Sun Yuchen came a year later, purchasing directly on Taobao in 2012. By 2013, several key figures entered the scene—Li Xiaolai was a hardcore player who borrowed money and used leverage, Bao Erye directly went all-in on crypto after giving up his pork business, and Li Lin was still experiencing the process of buying crypto assets, which didn’t go very well and instead sparked his idea to start an exchange. He Yijun was already exploring this field with CZ back then.

Interestingly, Zhao Changpeng only officially entered in 2015, by which time $BTC had already gone through a cycle. His approach was quite aggressive—selling his apartment to go all-in. From the trajectories of these early participants, it’s clear that opportunities in the crypto market are truly built on timing insight and execution ability.