In a smoky internet cafe in Jinan, 19-year-old Liangxi curled up in a corner eating instant noodles, the Bitcoin candlestick chart on the computer screen looked like a restless python. He pulled out 1000 yuan he had stolen, trembling as he opened a 100x leveraged contract—either a comeback or a jump off a building!
At three in the morning, news of Bitcoin's 30% crash exploded across the internet, yet his account balance suddenly jumped to seven figures: 1000 yuan turned into 10 million. A nearby thug leaned over: 'Brother, did you win the lottery?' He smiled with a cigarette in his mouth: 'This is called the contract god of war.'
After becoming rich, Liangxi was like a firework that had been ignited. He bought a Lamborghini and casually threw out 100,000 yuan in red envelopes during a live stream, Sun Yuchen tipped him 100,000 dollars, and Huobi Exchange invited him to be a spokesperson. But the candlestick chart never shows mercy.
At the end of 2021, Bitcoin rebounded, and he increased his position with 200x leverage against the trend, causing his account to go to zero overnight. His father roared on the phone: 'You are a lunatic!' He recorded the call and posted it on Weibo with the caption: 'My biological father wants me dead.' In the middle of the night, he swallowed a bottle of pesticide in front of the camera, but two hours later he posted: 'The king of hell doesn’t take in gamblers.'
In the winter of 2023, Liangxi stood on a pile of cement at a construction site wrapped in a dirty cotton coat, as his phone buzzed with a notification that Bitcoin had dropped below 80,000 dollars. His frostbitten fingers opened an overseas exchange, using his last 2000 yuan to short with 50x leverage. Three days later, his account balance returned to ten million. He posted a repayment record on Weibo: '200 million debt cleared, thanks to my bro for tipping!' The accompanying picture showed a pile of cement on the construction site and bloodied steel-toed boots. The crypto community exploded: 'The madman has come back!' But analysts sneered: '93% of followers have been liquidated.'
The survival manual for ordinary people in the crypto world states: Avoid leverage, holding coins is more sustainable than trading coins, and don’t believe in 'get rich quick mentors.' Yet there will always be someone who believes they are the next 'Liangxi'. Just like that small-town youth in 2017 who turned 50,000 into 1.5 million, only to receive a liquidation text five minutes later, and he would never know he was just one of the millions of bullet comments in Liangxi's live stream. When your heart races in front of the candlestick chart, remember the bloody handprint on the cement bag at the Jinan construction site—that's the most real bottom of the wealth myth.
As the bull market begins to emerge, if you feel that it's not suitable to hold Bitcoin, and you want to gamble on altcoins but don’t know which coin to pick, then look at my bamboo leaf and I’ll help you strategize for the entire bull market.
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