The Fall of a Genius in the Crypto World! These Experiences Are Comparable to Myths! There’s No Harm in Watching and Learning More!!

In the crypto world, there is a character who is referred to by some as a madman, while others say he just had good luck and rode the wave of the '519' event. It was precisely because of this luck that he could ignore money, squander it freely, and create a legend in the crypto space!

His name is Liang Xi, originally named Geng Zhiyu, and he is known as the 'Genius of the Crypto World.' In just one month, he leveraged high trading to turn an initial capital of 1,000 yuan into 20 million yuan, with personal total assets exceeding 40 million yuan at his peak, achieving a return rate of up to 20,000 times, becoming a myth in the crypto world.

​​Liang Xi's trading style is extremely adventurous, known for high-frequency trading and high leverage. He conducts about 1,454 trades per week, averaging 208 trades per day, equivalent to 8.65 times per hour. He quickly accumulated immense wealth by shorting Bitcoin through rolling positions, dominating the crypto scene.

​​However, the glory did not last long. Due to his extreme personality and lack of risk management awareness, Liang Xi repeatedly faced liquidation amid market fluctuations and ultimately incurred debts of tens of millions. Although he had once generously donated over a million yuan to help impoverished children, as he gradually lost control in trading, his decisions became increasingly irrational, ultimately leading to his downfall!

The crypto market is full of uncertainty and challenges, but it also contains potential opportunities. Investors participating in crypto investments should fully understand the associated risks, remain calm and rational, and adopt prudent strategies to respond to market changes!