Earning and Losing Money | Original
Earning Money
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Worked as a software engineer for companies.
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Received stock options from a startup and earned a small amount of money after the startup was sold.
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Created a startup for a knowledge live broadcast platform and earned revenue from live attendance fees.
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Developed a script to help with course registration and sold it to schoolmates.
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Regularly invested in stocks or Bitcoin for the long term.
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Discovered a cryptocurrency wallet with tens of CNY in it, which grew to hundreds of CNY over the years.
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Helped a friend recruit someone and received a small referral bonus.
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Completed software projects for clients.
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Made a short trade with Trump coins and earned 600 USD dollars.
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Provided software-related assistance to friends and received red envelopes as payment.
Losing Money
This post documents instances of financial losses experienced by myself and people around me.
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Entering a new industry or starting a business without a long-term plan and buying many ads will result in losses of several million CNY.
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Received an investment, quickly hired employees, and then had to lay them off after a few months. This resulted in a loss of 250,000 CNY.
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Buying a house in China around 2022 would have led to a loss of 1 million CNY.
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Buying a lot of ads to advertise an app will lead to a loss of half a million CNY.
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Buying a car or expensive things to impress others.
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Frequent trading of stocks or options within a short timeframe.
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Insufficient preparation for a new job or opportunity can result in job loss.