Liangxi is a post-00s who was once highly regarded in the cryptocurrency circle:

Experience of Sudden Wealth

Seizing Opportunities: During the significant drop in the cryptocurrency market on May 19, 2021, Liangxi made a fortune by shorting through rolling positions, earning 10 million yuan from just 1,000 yuan in one day. At his peak, his assets exceeded 40 million. He mainly traded Ethereum and Bitcoin, using high leverage for quick in-and-out short-term operations.

Early Fame: Liangxi excelled in the gaming field during his youth. At 10, he was a national-level swimming athlete, and at 15, he was the champion of the King of Glory provincial competition in Hebei, ranking first on the national server as Liu Bei. After becoming wealthy in the cryptocurrency circle, he shared his trading successes on social media platforms like Weibo, attracting a large following and becoming a top KOL in the cryptocurrency community.

Experience of Sudden Loss

Investment Failures: Liangxi frequently faced liquidation in his trades, such as when he shorted Bitcoin and Ethereum around June 20, 2021, and got liquidated again on June 28, leading to a significant reduction in his assets and even accumulating debts. He continued to incur losses, nearly losing all the money he had previously earned.

Chaotic Life: Due to his investment failures, Liangxi fell into difficulties, strained his relationship with his family, and was rumored to have mental health issues like schizophrenia. On September 7, 2023, he live-streamed drinking pesticides, which, although not fatal, drew attention. He later sold shoes to pay off debts and even claimed that his girlfriend was making money by accompanying him in drinking contracts. He also exhibited erratic behavior in bars, drinking dichlorvos, leading to deteriorating health, and after getting injured, he worked at a construction site carrying cement, facing a tragic situation.

Life suddenly transformed from rags to riches, only to plunge from a peak never before reached to the depths of despair. This process is almost more thrilling than a roller coaster. Do you enjoy such a mythical story?

As long as you haven’t reached that height in life, even if wealth comes your way, even if you once seized it, it will ultimately slip away from you. Such life twists can be heart-wrenching and can make one instantly realize the impermanence of life.

Perhaps only through experience can one understand the beauty of myths and the desolation that follows their collapse.