After Liangxi, who is next? The illusion of retail investors and the cost of KOLs
The news of Liangxi's liquidation ignited the scene, the community exploded, and countless voices of "sympathy", "understanding", and "brother, keep going" flooded the comments. But after the storm, someone quietly asked, "So, who is next?"
This is not cold-bloodedness, but a necessity of the crypto world.
Liangxi is just an amplified reflection. He held a short position of 200 million dollars and hadn't slept for three days; he is the most extreme gambler of this era. But if you take a closer look at those retail investor groups and KOL live streams, how many people are replicating the same path?
Amplifying positions, emotional trading, going against trends, and infinitely averaging down.
They do not misunderstand the risks; they just believe they are not "that unlucky guy".
But the market does not arrange outcomes based on "popularity". Whether you are a KOL or an ordinary person, it treats everyone equally. When the trend comes, those who bear it will all perish. Liangxi collapsed, but he has fans, influence, and capital to cushion the blow. What about you? When you blow up, it's just over; no one will remember how bravely you once gambled.
We do not judge Liangxi's emotions; his breakdown is real. But we must confront the brutal truth that comes with this matter: when retail investors treat KOLs as lighthouses, and KOLs lose their direction in the storm, this is mutual self-destruction.
You can be sad, you can be angry, but do not lose your clarity. The next "Liangxi" may not trend, but will quietly fade away in the zeroing of your wallet.
The market is still there, the table has not dispersed, remember one thing: clarity is always more important than empathy.
