Liangxi Huge Loss Incident: Trust is the Biggest Leverage: The Cryptocurrency World Never Loses to the Market, but to Human Nature
The most expensive thing in the cryptocurrency world is not Gas, not transaction fees, but your trust in KOLs. Once trust is packaged into a persona, and once that persona is placed on leverage, it's not you investing in a project; it's you gambling your life on him. The Liangxi incident was not a trading mistake, but a collapse of the trust structure. He said 'the loss is the partner's money,' but we all know that those partners are actually the users, fans, and partners who trust him. You think you are investing in direction, but he is investing in belief, and in the end, everyone gets blown up by the persona.
