[The alarm bell in the currency circle is ringing: an in-depth analysis of Zheng Mouwei's tragedy]
"The tragedy of Xinghai Bay Bridge", the breakdown of a family, stems from blind investment in Bitcoin. Zheng Mouwei, an investor who once stood at the top of the currency circle, lost 20 million due to leveraged investment and eventually embarked on a road of no return. In the winter of 2020, he was suspected of killing his three-year-old daughter, attempted to jump into the sea, and was punished by law. This is not only his personal tragedy, but also a warning to all investors.
Whenever I think of this case, I can't help but feel chilled. It's not because of the cruelty of suicide. After all, there are many frustrated people on the road of investment. But killing an innocent three-year-old daughter with your own hands, this kind of despair and madness is unbearable. The innocent eyes of the daughter and the cry before death have become the most heartbreaking footnotes in this tragedy.
Zheng Mouwei's road to currency speculation, from sudden wealth to huge losses, is as thrilling as a roller coaster. The Bitcoin bull market in 2017 made his net worth soar from hundreds of thousands to nearly 10 million, and he was in the limelight for a while. However, after the feast of the bull market, there is a long bear market winter. In 2018, the currency circle plummeted, and his tens of millions of assets were wiped out, and he even had huge debts.
Faced with failure, Zheng Mouwei did not choose to stop, but doubled his investment in an attempt to recover his losses. He borrowed from relatives and friends, mortgaged his property, and finally collapsed completely in the 312 incident in 2020. At that moment, he lost his mind and chose the most extreme path-killing his daughter and going to the underworld with his wife. However, fate played a trick on him. Although he was rescued, he had lost everything.
Zheng Mouwei's story is a microcosm of greed and despair. In the world of investment, returns and risks coexist. While pursuing rapid wealth, you must also be prepared to bear huge losses. If you can't see through this, then all investments will become a gambler's carnival, and in the end you will only end up with a broken family.
Here, I call on all investors to treat investment rationally and not blindly follow the trend. While pursuing wealth, you must cherish your relatives and friends around you. Because, no matter what the investment results are, family and friendship are precious treasures that cannot be measured by money. Let us learn from Zheng Mouwei's tragedy and jointly protect our spiritual home.