Liangxi, a 'phenomenon-level' figure in the crypto world: The cycle of a contract genius's fall and rebirth

I. From Swimming Champion to Contract Genius: Liangxi's Growth Trajectory
Liangxi (Real Name: Geng Zhiyu), born in 2002 in Jinan, experienced a dramatic life change after coming into contact with cryptocurrency, having previously been a young swimming athlete in Jinan. In his youth, he was sent to an internet addiction school due to gaming addiction, and later sent to a psychiatric hospital by his father due to behavioral issues, leaving him with profound mental scars.
In the 2020 '5.19' market, 19-year-old Liangxi turned 1000 yuan into 10 million yuan through contract trading in one day, creating a myth in the crypto world. This 'one battle to become a deity' experience established his status as 'Contract God', and also opened the door to his dramatic ups and downs in the crypto world.
II. Liangxi Trading Model Analysis: Wealth Roller Coaster Under High Leverage
1. Operational Characteristics:
Preference for High-Leverage Shorting (Usually 20-100 Times)
Focus on Short-Term Opportunities in Extreme Markets
Aggressive Capital Management, Often Fully Invested
2. Typical Achievements:
2020 '5.19': 1000 Yuan → 10 Million Yuan
2021 Bull Market: Multiple Million-Level Profits
2022 Bear Market: Several Accurate Short Positions
3. Fatal Flaws:
Doesn't know when to stop after making a profit
Doubles down when losing
Lacks Risk Control Awareness
III. Collapse of the Mental World: From Trading Genius to Delusional Patient
Long-term contract trading and high-intensity pressure have gradually led to obvious mental issues for Liangxi:
Paranoid Delusions:
Believes the exchange is targeting him
Fantasy of being hunted by Xu Mingxing and Zhao Changpeng
Exaggerated Delusion:
Claims to have a 21 cm penis
Fantasy of being close friends with Messi
Looking forward to Bill Gates investing hundreds of millions
Dependency on Fantasy:
Hope to be pampered by 'Big Sister'
Looking forward to fans treating me to Wagyu burgers
Fantasy of having someone follow me without compensation
IV. Social Reflection: In-Depth Interpretation of the Liangxi Phenomenon
Snapshot of Crypto Culture:
The Temptation of Overnight Wealth
Restlessness of Early Success
The Cruelty of Winners and Losers
Warning from Family Education:
Harm of Internet Addiction Schools
Breakdown of Parent-Child Relationships
Lack of Psychological Intervention
Contract Trading Warning:
High Leverage Distorts Human Nature
Psychological Impact of Rapid Wealth Changes
Dangers of Trading Addiction
V. Current Situation and Insights: An Unfinished Cryptocurrency Fable
As of 2023:
Debt Exceeds 80 Million
Still Insisting on Contract Trading
Active on Social Media
Continuous 'Liquidation-Borrowing-Cursing' Cycle
Insights for Investors:
Contract Trading is Not a Shortcut to Wealth
Mental Health is More Important than Wealth
Need to establish a scientific trading system
Avoid Falling into 'Liangxi-style' Trading Traps
Liangxi's story is far from over; the fate of this 'phenomenon-level' figure in the crypto world still swings between greed and fear, delusion and reality. His experience serves as both a warning and a vivid footnote to the wild years of the cryptocurrency market.