Recently, another name has taken the crypto world by storm – Liangxi. This guy has made quite a stir again, turning 100,000 yuan into 15 million in just one day! He relied on his signature operation that people love and fear - rolling positions to short. Once the news broke, X (formerly Twitter) exploded, with some calling him the 'God of Contracts,' an unparalleled trading genius; while others scoffed, deeming him a braggart and a complete madman. But regardless of how people view it, when Liangxi makes a move, he successfully captures everyone's attention, becoming the brightest star in the crypto world.

From Internet Addiction Teenager to Crypto Star

Liangxi, whose real name is Geng Zhiyu, was born in 2002 into an ordinary family in Jinan, Shandong. As a child, he was a mischievous troublemaker, showing little interest in studying but being obsessed with the world of games, making him a headache for both teachers and parents as an internet addiction teenager. At the age of 16, by chance, he stumbled upon news of the soaring price of Bitcoin online. Watching the constantly changing numbers on the screen, he suddenly had an idea. Gritting his teeth, he took out 500 yuan from his long-saved pocket money and downloaded trading software, officially entering the crypto world. At first, he did make some small profits, but soon he learned the hard way from the market and lost all his money. However, instead of being discouraged, he became even more fascinated by this thrilling market, believing that trading cryptocurrencies was more exciting than playing games.

At the age of 17, unwilling to admit defeat, Liangxi re-entered the crypto market with just 1,000 yuan left. This time, he was determined to make a name for himself in this market, embarking on a crazy journey of love and war with the crypto world.

'Contract War God' Emerges

Liangxi is not someone who likes to follow a steady path and accumulate wealth slowly; the word 'conservative' does not exist in his vocabulary. He plays for the thrill and seeks a rapid increase in wealth. In 2020, the crypto market experienced a significant drop, which was a disaster for most people but a once-in-a-lifetime opportunity for Liangxi. He took out 1,000 yuan as his principal and, with 100 times leverage, embarked on his gambling journey. Within a month, it was as if he was on a winning streak, with his account balance skyrocketing to 20 million!

That night, he sat in his cramped rental room, his eyes fixed on the string of numbers on the computer screen, and the excitement and thrill in his heart were beyond words. At that moment, he felt like the master of this world, the undisputed king of the crypto realm. He couldn't wait to post online: 'From 1,000 to 20 million, am I a genius?' This post instantly set the internet ablaze, and people in the crypto community began to discuss this rising star madly, and the title of 'Contract War God' was born.

Rolling positions to short, it's all about the thrill.

Over the years of struggling in the crypto world, Liangxi's most adept and fearsome operation is rolling positions to short. He often says, 'Either make a lot of money or nothing at all; I don't like to take the middle road.' Just like this operation of turning 100,000 into 15 million, he first identified the market's downward trend and opened a high-leverage short position with 100,000 yuan. The market began to decline, just as he expected. Generally, when people see profits, they quickly close positions to secure their gains, but Liangxi didn’t; he not only held on but also continued to increase his position with the profits.

At the beginning of the year, the market fell by over 20%. During this period, he was like an indefatigable warrior, possibly completing several rounds of rolling position operations within just an hour. Every market dip made his wealth increase like a snowball, ultimately achieving a stunning turnaround from 100,000 to 15 million. The pace of these operations was as fast as playing an intense and thrilling esports game. If your hand speed is a little slower, you might get left behind by the market.

However, this seemingly simple and crude approach hides intricate secrets, and not everyone can master it. First, you need an accurate judgment of market trends; guessing the right direction is the prerequisite for everything. Liangxi primarily relies on studying various charts and monitoring market news to determine trends. This time, he might have sensed the market's downward trend in advance, enabling him to act decisively. Secondly, the timing for increasing positions must be just right. If you add too early, a market rebound might make you lose all your profits, or even incur losses; if you add too late, you won't make much profit. This requires a very keen sense of the market's rhythm—knowing when to act and when to hold back.

Making 15 million in a day, is it true skill or just incredibly good luck?

Some say that Liangxi's success was purely due to good luck, that anyone entering the market at that time could have made a fortune. While it’s undeniable that luck plays a role in trading, attributing his success entirely to luck would be a grave mistake. In the uncertain world of crypto, countless people come and go every day; how many can truly seize the opportunity and achieve a reversal of fortune? Liangxi's ability to stand out amidst multiple market fluctuations relies not just on luck, but also on his profound understanding of the market, rich trading experience, and exceptional courage.

Of course, his aggressive trading style is not without risks. Over the past few years, he has experienced multiple bankruptcies, with his wealth dropping to zero in an instant, and he even incurred huge debts. But every time he falls, he manages to get back up and continue to make his way in the crypto world. This spirit of resilience has earned him the admiration of many.

The Rise and Fall of a Genius Teenager

Lastly, and most importantly, you need to have a big heart and an extremely stable mindset. In the crypto world, having several million or even tens of millions bouncing in your account is common. Most people would be terrified; once their mindset collapses, operations can easily go awry. But Liangxi can remain calm and composed; he says, 'If I make money, I add more; if I lose, I act as if I didn’t see it.' This calmness and composure is not something everyone can possess.

Liangxi's story continues. Is he a trading genius or a madman blinded by desire? This question may not have a standard answer. But one cannot deny that his experiences have become a legend in the crypto world, inspiring countless people while also serving as a warning to many. In this world full of temptation and risk, he is like a mirror, reflecting humanity's greed and fear, prompting us to ponder: on the path to wealth, where should we go?