If it can be called a myth, it must be a rare occurrence; if myths become the norm, then they are no longer myths.
Becoming rich is a myth, and suffering great losses is also a myth.
Myths are like fairy tales, the stories in fairy tales are all lies, so are the stories in myths all real?
Listen to the representative story of Liangxi in the crypto world, from becoming wealthy to suffering great losses:
Liangxi was a highly regarded post-00s figure in the crypto world:
Experience of Sudden Wealth
Seizing Opportunities: During the significant crash of the crypto market on May 19, 2021, Liangxi made a fortune by shorting with a rolling position, earning 10 million with just 1,000 yuan in one day. Later, at his peak, his assets exceeded 40 million. He mainly played Ethereum and Bitcoin, using high leverage for quick in-and-out short-term operations.
Young Fame: Liangxi stood out in the gaming field at a young age, becoming a national level-one swimmer at 10, and at 15, he was the champion of the Wangzhe Rongyao top player in the Hebei Province competition, ranking first in the national server with Liu Bei. After becoming wealthy in the cryptocurrency world, he shared his trading results on social media platforms like Weibo, attracting a large number of followers and becoming a top influencer in the crypto space.
Experience of Sudden Loss
Investment Failures: Liangxi frequently faced liquidation in trading, such as shorting Bitcoin and Ethereum around June 20, 2021, which led to liquidation; on June 28, he faced liquidation again, resulting in a significant reduction of his assets, even accumulating debts. Subsequently, he continued to incur losses, nearly losing all the money he had previously earned.
Life in Chaos: Due to investment failures, Liangxi fell into difficulties, relationships with family deteriorated, and he was rumored to have issues like schizophrenia. On September 7, 2023, he live-streamed drinking pesticides, which, although not fatal, attracted attention. Afterward, he sold shoes to pay off debts and even claimed that his girlfriend made money from accompanying him to drink. He had also shown erratic behavior in bars, worsened his condition by drinking pesticides, and after being injured, went to construction sites to carry cement, resulting in a dire situation.
Life suddenly takes a turn from rags to riches, and then from a peak never reached in life to the bottom of life. This process is almost more thrilling than a roller coaster. Do you like such mythological stories?
As long as you have not reached that height in life, even if wealth comes to your side, even if you have once grasped it, it will ultimately leave you. Such life turning points can be heart-wrenching and can make one suddenly realize the impermanence of the world.
Perhaps only by experiencing it can one understand the beauty of myths and the desolation after their collapse.