Liang Xi, born in 2002, is a cryptocurrency celebrity. His real name is Geng Zhiyu. He comes from an ordinary family in Jinan. Influenced by his family environment, he has an extreme personality.
Let’s review this famous grassroots genius trader Liang Xi. He made 20 million from 1,000 in one month. At his peak, his total assets exceeded 40 million, achieving a 20,000-fold return rate and becoming a legend in the cryptocurrency circle.
Liang Xi has some classic events, such as:
In 2020, the story of earning 30 million yuan at its peak by doing a contract with 1,000 yuan was almost known to everyone in the cryptocurrency circle.
In May 2021, starting with a capital of tens of thousands of yuan, he made more than 30 million in one month through high-leverage futures and rolling positions.
After making money, he donated 1 million and donated 500,000 through Alipay to various poor children.
In addition to sharing his trading experiences on Weibo, Liang Xi also donates to charity and actively participates in public welfare activities.
However, in 2022, he had a conflict with his father over his father's safekeeping of funds and was sent to a mental hospital for treatment.
Liang Xi is actually a high-leverage player, he is just bold and lucky.
Today I discussed with a friend how to make a lot of money in the cryptocurrency world.
The big money here refers to at least over 100 million.
There is only one factor that can determine whether you can make a lot of money, and that is courage. Courage is one of the necessary factors for making a lot of money. As long as you want to make a lot of money, more than 100 million, you must have this mentality. It has almost nothing to do with cognition and technology.
This mentality requires you to not treat money as money, which is very difficult for most of us. When you have tens of millions, a 20% drawdown means five or six million. This seems like a huge drawdown to those who have just started to get rich, and they cannot accept it.
Only when you can accept it, will the funds have the possibility of moving up, otherwise they will stay here forever.
There is a guy called "Little Leek in the Cryptocurrency Circle". He had 170 million yuan in funds before, but in the end he was left with only 260,700,000 yuan. This means he didn't treat money as money at all, so he became rich overnight.
If it were someone else, even if it was me, I would have been defeated from heaven to hell long ago. The reason he doesn't care is because he still has hundreds of millions and his family is also very rich.
There are very few people who can treat money as money when they don't have it. Liang Xi is one of them. He is indeed talented in this aspect.
Many people cannot make a lot of money in the cryptocurrency circle because they are bold at the beginning, and then start to lose money. The more they lose, the more timid they become. Then they are basically hopeless. Let alone making a lot of money, it is difficult to even make money.
Of course, courage is not necessarily a good thing. Gains and losses come from the same source. If you are courageous and lucky, you will go to heaven. If you are courageous and unlucky, you will jump off a building.
The evaluation is that he is just like everyone else, not as good as the little hero who lives in seclusion. In one word, stable!
The lesson that Liang Xi teaches us is that as ordinary people, we must be stable.
First, be patient
Charlie Munger said: When the probability of success is high, place the biggest bet, and the rest of the time, do nothing. Note that the key to this sentence is not "the biggest bet" but "do nothing." In other words, there are few opportunities for market certainty, and most of the time when investing is actually waiting. In the process of waiting, the most important thing is to ensure the safety of funds.
The market has been bullish for more than two years. If there is still a clear bull-bear cycle like before,
This bull market is about to end, so you must be cautious in the later stage; if you didn’t make money in the past two years of bull market, it would be a bit ridiculous to expect to make money in the final stage.
Hold on to profits and wait patiently for the next upswing. 99% of how much money a person can make depends on the course of history rather than his own efforts. Only efforts that coincide with the course of history will be meaningful.
In other words, only if you make the right direction and roll your positions in the big trend fluctuations, you will succeed.
No matter how hard you try, it's all wrong.
Be patient and wait for the next big trend
Be it life or business, there are few things you can control. It is more about fate, or momentum. As Buffett said, my success is because I won the uterus lottery and was born in the United States, a country with a century-old fortune.
If Buffett was born in China or even Africa, no matter how hard he tried, it would be meaningless.
Personal success must rely on the big trend, whether it is entrepreneurship, work, or trading. When there is no trend, you need to calm yourself down.
1. Make big profits and small losses. When you lose, you lose small money, and when you make money, you make big money.
The core of trading is these two points. As long as you can achieve these two points, you can make money.
You think K-line is important, but in Livermore's time, there were no monitors, not even K-line, and prices were reported by telegraph.
Come and copy what is on the blackboard. How does he make money?
Of course, if you want to make a lot of money, you also need a little courage.
Don't work hard in the wrong direction.
If you watch the market every day or follow the market analysis on Weibo, you are too focused on the minutiae of the market. Market analysis and other things may be useful as an analyst, but they are useless for trading.
You are here to make money, and you don't want to be a big V, so why do you learn to analyze the market?
Being vaguely right is more important than being precisely wrong.
Vaguely correct, now it is an upward trend, it will continue to rise, this is called vaguely correct, this is what is happening at the moment, and it is vague;
Moreover, the precise error is to judge the top and bottom of the small cycle. These things are meaningless. The most important thing in trading is to stop loss if it is wrong and hold it if it is right, not to judge the market. How many people spend their whole lives learning various theories, techniques, and indicators, for what? They are all to judge the market and predict the market. This is exactly the same as the place selling Mark Six lottery predicting the next issue number. They are completely on the wrong path. The market is unpredictable.
It is different from working. If you take the wrong path in working, at most your future will be ruined. But if you take the wrong path in trading, you will lose money.
Paying attention to these details is not only useless for trading, but also too narrow-minded.
Whatever you do, you must have a bigger picture.
When it comes to trading, what you need to see are: bear market, bull market, courage, holding positions, and patience.
Rather than the rise and fall of the K-line.
In this circle, you don't need much capital. What you need is a bull market, courage, and patience. As long as you encounter a bull market and you can seize it, it is easy to multiply ten, dozens, or even hundreds of times at a time. You just need to be bold, dare to hold positions in a bull market, and have the patience to wait when there is no market. When you think you have made enough money in this wave, you must stop profit in time and wait patiently for the next time. Small opportunities are not worth paying attention to at all. You only need twice, 1KW is not a difficult thing. 1KW is enough for an ordinary person to change class. You have to know that if you work, you can only earn 5 million in your life. When you reach the 1KW level, there is no need to add leverage at all. It is enough to just play spot.
Next I am going to ambush a potential insider, just like I ambush FTT yesterday afternoon, and pull 50% the next day.
I am not in a position to disclose this insider coin here, mainly because I am worried that the vehicle is too heavy to pull.
If you have any ideas, please give me an 8 in the comment section.
This blogger focuses on spot trading and insider doubling of coins, and contracts are only occasionally operated with a small amount of funds!