From Liangxi to retail investors, the essence of the cryptocurrency world is "building faith through losses"
Why is there still support for Liangxi after his liquidation? Why do some still believe that "he just had bad luck" despite knowing his decisions were to hold on, go all in, and heavily short against the trend?
The answer is harsh: the faith in the cryptocurrency world is mostly built not on success, but on "who suffers the worst losses."
You don’t need a high win rate; as long as you "dare to lose, really lose, and lose painfully," you can resonate with a group of people.
Losses have become the brainwashing tool for a new generation of KOLs. It is no longer evidence of failure, but a ticket to entry that says, "You are like me, so I am credible."
Liangxi's emotional collapse is a climax of a faith narrative; his liquidation of 2000 BTC is a holy war that forges trust with real money; his "not sleeping for days," "fighting against the market," and "holding on to the limit" are the spiritual flags he raises for his fans—
You are not alone; I also lost terribly; we are the same kind of people.
But this is precisely the biggest trap.
True trading faith is not built on "who has accompanied you through liquidation," but on who can control greed, avoid deep pits, and survive long-term.
However, such voices are often not passionate enough, not tragic enough, and not shareable enough in the cryptocurrency world.
Liangxi is not a bad person; he just stepped on the unspoken rules of the cryptocurrency narrative:
> Talking about losses retains people better than talking about win rates;
Exposing emotions touches people more than exposing logic;
Liquidation is not the end but the prologue to the next round of harvesting.
If you are still stuck on "he is really unfortunate," "he is actually very genuine," "he just lost a bet," then you will eventually become the next faith chip, trapped in a monster system of the cryptocurrency world that tells stories through losses, builds personas through trust, and washes retail investors through emotions.
Liangxi's liquidation may not be the focus. The key is:
Can you find your own cognitive path from this tragedy of faith, rather than continuing to make the next person feel moved?
