The youngest millionaire in cryptocurrency, Liangxi: reaching the peak at 17, now 200 million yuan in debt; is his 100 times leverage a path of genius, or a desperate abyss?
In 2021, the cryptocurrency world welcomed its brightest star - Liangxi, a mere 17-year-old boy. With just a few tens of thousands of yuan as capital, he made a fortune of 10 million in a month using 100 times leverage, tearing open the door to the world of wealth with an unrepeatable 'miraculous operation.' His story exploded across the internet, attracting countless people to frantically rush into cryptocurrency, attempting to replicate his success.
But three years later, this once-called 'cryptocurrency prodigy' Liangxi fell from the peak to the abyss—he is now 200 million yuan in debt and has disappeared from the spotlight. Behind the 100 times leverage, is the wealth code the wisdom of market control, or the uncontrolled fervor of a gambler?
Liangxi's story is a miracle of an era, and also a warning bell of an era.
Debuting on stage: from a teenage internet addict to a wealth prodigy
Liangxi's life has been dramatic from the start. He is a child from an ordinary family but was labeled a 'problem child' during his teenage years - addicted to games, rebellious, and even sent to a school for internet addiction due to gaming.
But Liangxi is not without merits. He used his gaming talent to achieve his first comeback: earning 200,000 yuan through coaching and gaming. He donated most of the money to charity, but planted an undeniable seed - he never stopped craving 'victory.'
Transitioning to the cryptocurrency world, he pushed his obsession with victory to the limit. In 2021, he targeted the opportunities presented by market volatility and operated wildly with up to 100 times leverage. He said: "I do not rely on luck; I rely on an understanding of human nature and the market." In just 30 days, he transformed from an ordinary teenager to a 'cryptocurrency myth' with millions.
Genius or Gambler: The Light and Shadow of 100 Times Leverage
For Liangxi, 100 times leverage is not only the key to success but also a gamble with fate.
"This is a game with no way out," Liangxi admitted. He sleeps less than 5 hours a day, closely monitors the market, and repeatedly analyzes trends. In his words, "Every move I make risks not only my capital but also my life."
His success attracted countless admirers and followers. But Liangxi repeatedly warned: "High leverage is not a shortcut to wealth; it is the knife of the executioner." However, even he could not escape all of this.
Falling into the abyss: from millions to 200 million in debt
In 2022, the cryptocurrency winter arrived, and the market direction changed abruptly. Liangxi's 100 times leverage, which had earned him countless fortunes, also made his assets as fragile as paper. Liquidation, margin calls, debt piling up... In a series of uncontrolled operations, Liangxi quickly fell to the bottom.
Three years later, Liangxi is burdened with 200 million yuan in debt. He is no longer the genius boy standing in the spotlight but an ordinary person trying to survive in the abyss.
"I have not given up, but I also cannot go back to the past," Liangxi said in an interview. His tone carried resentment, regret, and awakening.
Human nature and desire: Liangxi's reflection
Liangxi was once a genius boy in the cryptocurrency world, but his experiences are more like a mirror reflecting the truth of wealth, desire, and human nature. He candidly said:
High leverage is not a game for everyone; it's a carnival on the edge of a knife, and one misstep can lead to an abyss.
Never borrow money to invest, and never bet your family and life; this is not earning money, but self-destruction.
The ability to control wealth is more important than wealth itself. Many people fail to earn big money because their mindset is crushed by big money.
Liangxi tells every investor with his failures: there are no 'geniuses' in the cryptocurrency world, only a series of games against desire.
A parable of an era
Liangxi's story is the birth of a genius and the fall of a gambler. 100 times leverage showed him heaven, but ultimately pushed him into hell. He once said: "Money earned by luck will eventually be lost through strength."
Today, Liangxi may be working hard to repay his debts, but his name has become the most vivid warning in the cryptocurrency world - behind the feast of wealth, there is always a deep abyss of desire.