Job opportunities are one aspect, but the interpersonal relationships are also crucial. For example, if Yi Lihua hadn't gone to Hangzhou, he wouldn't have met his mother-in-law from Xiaoshan and wouldn't have married the rich beauty Lou Jiyue. From a rural boy to a billionaire, this marriage completely transformed his life.

🧵⬇️

1. Climbing the social ladder: How to marry the bank president's daughter Lou Jiyue

I searched for information on Yi Lihua; he only got into college after three attempts at the college entrance exam, quite ordinary.

Lou Jiyue, from Xiaoshan, Hangzhou, daughter of a bank president, a standard rich beauty. Graduated with a bachelor's degree from Zhongnan University of Economics and Law and a master's degree from Johns Hopkins, she once earned a million annually in investment banking, wore Chanel, drove luxury cars, and had a social circle full of exquisite lifestyles.

At the end of 2016, introduced by a friend, the two met. Lou Jiyue was attracted to Yi Lihua's ambition, and they quickly fell in love due to a shared understanding of money. Yi Lihua remarked, "She is more capable and smarter than I am; she is a woman who will change my life."

2. The first pot of gold: from 100,000 to 10 million

Yi Lihua's sudden wealth began with social connections. He excelled at networking and secured an investment opportunity in Quantum Chain, buying in with 100,000 out of his father-in-law's 2 million.

In the spring of 2017, he connected with the crypto influencer Old Cat through a WeChat group, showcasing his strong social skills. Old Cat was impressed and recommended SIA and Zcash projects. Quantum Chain surged a hundredfold, turning the initial 100,000 into 10 million, and all the projects recommended by Old Cat exploded as well.

After becoming wealthy, Yi Lihua advised Lou Jiyue to quit her job and go all-in on crypto at the beginning of 2017. She mortgaged her family's property to secure 10 million in capital. Key moves: bought NEO at 7 yuan and sold at 340 yuan; in 4 months, 5 million turned into 80 million.

3. Emptying Li Xiaolai's assets led to disputes

In 2017, Yi Lihua joined Li Xiaolai's Coin Capital through a recommendation from Old Cat and became a partner. However, he was expelled in less than three months.
Li Xiaolai publicly accused Yi Lihua of:
1) Front-running - transferring billions of LP funds to his own account behind Li Xiaolai's back.
2) Profiteering - using his partner status to create high-priced private groups to fleece retail investors.
3) Betrayal - defaming Coin Capital and sowing discord after leaving.

No wonder Li Xiaolai recalled in his book (The Truth About Wealth) that he encountered troublesome matters and very bad people; it is likely referring to Yi Lihua. Yi Lihua's famous saying: business is ruthless, and one cannot be too concerned about face.

4. The couple established TokenMania

TokenMania claims to be a crypto balance treasure, managing 300 million USD in self-owned funds.

However, Lou Jiyue accidentally let slip in a WeChat group, "designing, issuing, and market-making plans," which translates to market cap management to fleece investors.

The fleece scheme was exposed -

Yi Lihua acquired junk projects at a low price in the primary market --> created buzz for the projects --> Lou Jiyue manipulated the secondary market with violent price increases to attract retail investors --> after retail investors entered, they aggressively sold off to harvest profits.

5. Lou Jiyue's journey from 80 million to mental breakdown

In May 2017, Lou Jiyue misjudged and sold SC coins, missing an 80-fold surge.

Facing daily asset fluctuations of tens of millions, she experienced a mental breakdown. Yi Lihua even set a KPI for her: she had to earn a certain amount each year. Eventually, she was diagnosed with bipolar disorder.

In March 2020, after a massive crash on March 31, she posted in her social circle: "Hearing the words BTC triggers a stress response, and my hair stands on end. I left all the groups in the crypto circle; see you in the future."

Recently, Yi Lihua @Jackyi_ld made a comeback, live streaming 100,000 ETH options at around 2,500 for Ethereum, increasing his position when $ETH broke 3,700, claiming that $UNI is his third-largest holding, with 3x leverage on ETH. Given Ethereum's current price, he is in the money.