In the cryptocurrency field, known for its rapid iterations and tumultuous waves, there are always some stories like beacons, piercing through the fog and guiding the way. Liquid Capital founder Yi Lihua, an ordinary person from a rural background with illiterate parents, has spent a dramatic yet incredibly real decade illustrating what true long-termism is and why he firmly believes that the past decade was the greatest opportunity for ordinary people, and the next decade will be the same.#易理华

One. Starting point: Dreams in the dirt and the courage to burn bridges.

Yi Lihua's starting point was as low as dust. Lacking a prominent family background and the halo of prestigious schools, all he had was the simplicity of the countryside and a strong desire to change his fate. With an indomitable spirit, he started a business in traditional fields and earned his first pot of gold. For many, this pot of gold might be a safeguard for survival or the starting point of a comfortable life. But for Yi Lihua, it became fuel for the future.

Standing at the crossroads of 2015, he made two decisions that seemed extremely unreliable at the time:

1. Invest in technology companies: Channel funds into technological innovations that represent the future.

2. All in the cryptocurrency industry: Almost betting another part of his fortune on Bitcoin and the blockchain field, which at that time was extremely niche, controversial, and even regarded as a scam.

Two. Journey: Huge tuition and the tempering through bull and bear markets.

1. This road of betting everything is by no means smooth. The extreme volatility of the crypto market, the mixed bag of early projects, regulatory uncertainties, and the impacts of technological iterations... Yi Lihua admits that he has paid a hefty tuition on this path. This tuition is not just a loss of real money but also the agony of countless sleepless nights, reflections after strategic missteps, and the challenges and lessons learned during fund management.

2. The market has experienced rollercoaster-like bull-bear transitions, with countless smart money entering and exiting, chasing short-term profits. However, the core truth that Yi Lihua has gleaned from personal experience is not to mislead long-term trends with short-term thinking. Those short-term fluctuations, market noise, and even huge setbacks, in his eyes, are the necessary roads to the ultimate goal, a crucible for refining cognition and testing beliefs.


Three. Nirvana: The key to leapfrog growth is a long-term bullish view.

1. It is this nearly stubborn long-term bullish view that allowed Yi Lihua to navigate the industry's darkest moments and seize the explosive growth brought by core trends. The technology companies he invested in have taken root and sprouted, while the cryptocurrency assets he bet on have experienced exponential leaps. What once seemed like unreliable decisions have been proven to be highly forward-looking strategic arrangements in the compounding of time and the torrent of trends.

2. His story is a typical comeback—from a rural illiterate family to an industry leader with a net worth of billions. But the core of this comeback is not merely luck or courage; its underlying logic is:

1. Profound insights into disruptive trends: Seeing the future when no one pays attention.

2. The courage to bet on the future: Embracing opportunities amid uncertainty.

3. Resilience to endure volatility and pay tuition: Learning and evolving from failure.

4. Long-term faith that transcends short-term noise: Firmly anchoring the long-term trend of value creation.

Four. Lighthouse: Illuminating the path to the next bull market.

1. Today, Yi Lihua has transitioned from an early investor to the captain of the professional investment institution Liquid Capital. But his original intention, rooted in the comeback of ordinary people and his firm belief in the long-term potential of the industry, has never changed. His voice on platform X is more like a resounding declaration and a precious transmission of experience.

2. He demonstrates through his blood-soaked lessons and glorious achievements:

1. The cryptocurrency industry is still the greatest opportunity for ordinary people: Its essence of openness, inclusiveness, and innovation remains unchanged.

2. The core of the all-in spirit is to all-in on trends, not gambling: It is a combination of belief based on deep research and patience for long-term holding.

3. The value of tuition lies in growth: Every fall is for a higher leap.

4. True rewards belong to long-termists: Only by navigating through bull and bear markets can one reap the leapfrog growth brought by trends.


Lei Ge believes that Yi Lihua's experiences and philosophy are the rare and precious spiritual wealth that arises as the market prepares for the next bull market. It serves as a bright lighthouse, reminding every participant to forget the small profits of short-term trades and panic selling, ignore the market noise and temporary gloom, and focus on the long-term vision of blockchain technology reshaping the world. In this field where ordinary people can still create miracles, only by believing in trends and adhering to value can one transcend cycles and reach the other shore of leapfrog growth and harvest. Yi Lihua's decade is a past legend, and his beliefs illuminate the next decade.

The lighthouse is lit, and the path is beneath our feet. Tuition paid in full, hearts directed towards the distance. The next decade remains the battlefield for ordinary people—but remember, what illuminates the way ahead is the lamp oil made from one's own blood and tears.

Are you ready to calibrate your direction and follow this beam of light?