📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
In the world of digital currency, the long-term holding strategy has once again proven its power. Recently, the story of an investor has attracted widespread attention, showcasing the enormous potential and volatility of the encryption currency market.
This investor started investing in Ethereum 8 years ago, when the price of Ethereum was only $13. He purchased 3,865 ETH at a cost of $50,000. In the following years, he only slightly reduced his holdings by 565 ETH, maintaining the majority of his position.
Today, this investor finally decided to cash in most of his profits. In the past 2 hours, he sold 3,280 ETH, with a total value of about 13.38 million USD, and the price of a single ETH reached 4,079 USD. This means that his initial investment achieved an astonishing 288 times return, turning 50,000 USD into 14.43 million USD.
This case once again confirms the high-risk, high-reward characteristics of the cryptocurrency market. At the same time, it also highlights the importance of long-term holding strategies in a highly volatile market. However, we must also note that not all cryptocurrency investments can achieve such significant returns, and market risks still exist.
For interested investors, this story may spark their interest in the cryptocurrency market. At the same time, it reminds us to approach investments with caution, conducting thorough research and risk assessment. In the rapidly changing world of encryption, opportunities and challenges coexist, and rationality and patience may be the keys to success.