Geng Zhiyu, a young genius who became famous overnight, became an Internet celebrity at the age of 17. He was once called the "cryptocurrency genius" and the "young Buffett". In just one month, he multiplied his only 1,000 yuan countless times and became a multi-millionaire. At his peak, his assets exceeded 40 million.
Geng Zhiyu comes from an ordinary family in Jinan, Shandong. Due to the influence of his family, he has an extreme personality. This extreme personality gives him an advantage in trading big cakes. He was a big shot in an Internet cafe who dropped out of school as a teenager. He had no knowledge and no money. He cheated 1,000 yuan of living expenses from his parents, but he refused to believe it because he found an opportunity to make a lot of money easily.
He chose to be a Bitcoin trader, and this job was perfect for him. He traded 24 hours a day, and could make money by buying high or selling low, and he could also add leverage. If you are timid, you can add one or two times leverage, and if you are bold, you can add more than 100 times leverage, which means that if you add 1,000 yuan with 100 times leverage, you can use it as 100,000 yuan.
Geng Zhiyu entered the market with a 60x leverage, just in time for the Bitcoin price to plummet. The cryptocurrency world was in mourning, and his 1,000 yuan soon turned into 10,000 yuan. But he was not satisfied with this, and began his own journey to fame.
Courage may determine whether you make a lot of money, but virtue is what allows you to keep your money. As the saying goes, talent is both virtuous and talented, but it may also be wealth, and Liang Xi is obviously not worthy of his position.
The sudden wealth made Liang Xi completely lose his mind. He spent money without restraint and watched the market day and night regardless of his health. Finally, when Bitcoin ushered in a turning point, he made a misjudgment. The continuous losses did not make him reflect.
He was immersed in the memories of his previous correct judgments but ignored the current changes. He lost more and more money. When he had lost all his money, he asked his father for more, but his father refused. They finally turned against each other. It was mentioned before that Liang Xi's personality was extreme. In life, such a personality would be a disaster.
It was obvious that the game was over, but he still refused to admit defeat. He started borrowing money everywhere, but the more he borrowed, the more he would have to pay back. In the end, he started to return the money and cheat his fans, and his behavior became more and more outrageous.
Now he has even sold his Weibo account with hundreds of thousands of followers. It is unknown whether he can make a comeback, but he has indeed become a thing of the past.
From being hailed as a genius to falling into self-degradation, Liang Xi's one or two years of life can be described as extremely exciting. However, I would like to advise everyone here that investing involves risks and that investment should be made with caution.
