From 'getting rich overnight' to 'crashing overnight', Liangxi's 'suicidal trading' shocked the entire internet!
He was a legend in the cryptocurrency world—earning 20 million at the age of 18, becoming famous in the 519 market with a single battle, revered by countless retail investors as the 'King of Contracts'. However, just as Bitcoin soared to an epic bull market of $110,000, Liangxi collapsed under his own 'belief'!
Shorting at $102,000, liquidated at $110,000!
He firmly believed 'if it rises too fast, it should correct', so he crazily increased his positions, going from 600 BTC in real trading all the way up to 2000 BTC (worth $200 million), ultimately being ruthlessly crushed by the market, losing over $30 million!
Liangxi's tragedy is the fate of 90% of contract players—'not acknowledging mistakes, adding more as losses increase, until liquidation'. The first margin call: is to 'lower the cost', the tenth margin call: is 'the madness of a gambler', the last margin call: is 'the final struggle before the account hits zero'.
Potato's sharp commentary:
'Sticking to the wrong path will only make your death more tragic. A true master is not one who 'holds on until the end', but one who 'acknowledges mistakes and cuts losses'. Unfortunately, the big influencers can't 'admit defeat', they can only 'hold on until they explode.'
Liangxi's fatal mistake: using 'bear market thinking' to fight against a bull market, destined to be crushed! He always believed: 'Raising prices is to drop the market', 'A surge means offloading', 'Rising too fast = should short', but in a structural bull market, this mindset is a suicide guide!
The rise is not a 'conspiracy by the big players', but a trend explosion! Not correcting does not mean 'it will crash', but that the market is too strong! When you look at the market from an 'opposing perspective', you will always be on the side of the losers!
Rich at 18, collapsed at 23: the ultimate cruelty of the financial market.
Liangxi's tragedy is not accidental, but inevitable. Becoming rich overnight at 18 led him to mistakenly believe he was 'the chosen one'. A hundred times leverage and unlimited gambling left him defenseless in extreme market conditions. The wild ups and downs of the cryptocurrency world will ultimately harvest every 'toxic dog'.
If time could be restarted... he could have: bought spot and made easy profits (a bull market can easily turn 7 figures into 8), controlled leverage (instead of going all-in), acknowledged mistakes (instead of using his influence to bind himself), but there are no 'ifs' in the market, and capital never shows mercy to losers.
The essence of finance: a zero-sum game, where some become rich while others go bankrupt; this is not investing, but a naked transfer of wealth.
The money you earn is the money someone else loses.
Your liquidation is someone else's profit.
To the victor go the spoils; the market never shows mercy.
Will Liangxi's story be your future?
Warning: Leverage is a knife, if used well, it can make you rich, if used poorly, it can lead to suicide! The bull market can kill too, don't let yourself become the next 'Liangxi'!
