From 100,000 to 15,000,000: A Look Back at the Journey of Genius Teen Liangxi in the Cryptocurrency Market
With an initial capital of 100,000, he earned 15,000,000 in just one day, all thanks to his signature strategy of rolling positions short. Some on X call him the 'God of Contracts,' while others mock him for possibly exaggerating. Regardless, whenever Liangxi appears, people can't take their eyes off him.
From Ordinary Teen to New Star in the Crypto World
Liangxi, whose real name is Geng Zhiyu, was born in 2002 in Jinan. His family was average, and he was quite mischievous as a child, loving video games and not paying much attention to his studies. At the age of 16, he saw news of Bitcoin soaring online and was intrigued, taking out 500 yuan of his New Year's money, downloading a trading app, and starting to play. He made some small profits but lost everything, yet he found it more thrilling than gaming. At 17, he jumped into the crypto market with just 1,000 yuan, determined to compete with the market.
Liangxi is not someone who slowly saves money; he likes to play big. In 2020, when the market plummeted, he leveraged 1,000 yuan at 100 times, making 20,000,000 in a month. That night, sitting in his rental, he looked at the numbers in his account and felt he was incredible. He posted online: '1,000 to 20,000,000, am I a genius?' Since then, people in the crypto world started calling him the 'God of Contract Battles.'
Rolling Positions Short: It's All About the Courage
What Liangxi excels at is rolling positions short. He doesn't like small-time trading and often says, 'Either make big money, or there’s nothing at all, I don’t like the middle ground.' What is rolling positions short? In this case, he used 100,000 to place a bearish bet with high leverage. When the market dropped, he didn’t hurry to exit but instead added more to his position as he earned, continuing to short. When the market fell over 20% yesterday, he might have rolled several rounds in an hour, earning more and more until 100,000 turned into 15,000,000.
The pace is as fast as playing a game, and even a slight delay can be costly. Why is he successful? This method looks simple but is not easy.
First, you have to guess the right direction; he relies on charts and news, possibly sensing the market shift ahead of time yesterday.
Second, adding to positions must be precise; adding too early can lead to losses, while adding too late results in smaller gains.
Third, you need a stable mindset; with millions bouncing around in the account, most people would panic.
He says, 'If I earn, I add; if I lose, I act like I didn’t see it.' This kind of courage is not something everyone has. Making 15,000,000 in a day: it's true skill or just luck?
A genius teenager, facing ups and downs.....
