Recently, mainstream currencies led by Bitcoin and Ether have continued to rise, and the silent currency circle has become active again. You can see people showing off their achievements everywhere. But behind the laughter, there is a group of people who are out of place. They are the retrogrades in the currency circle - —People who are short/short in the bull market.
There is a former Tie Ge who insists on shorting loom this round and loses more than 3 million in one order. There are well-known technical analysis bloggers who started to be short on Bitcoin in this round of rise from 26,000 US dollars. Regardless of whether fans believe it or not, the comment area is closed anyway. , whatever he says is what he says.
In the story, the short-selling predators always make a lot of money; outside the story, the false and true news, combined with the actions of pulling and smashing the market, if you don't keep adapting to changes and stick to one path until the end, it will undoubtedly be a dead end. .
Next, I will take you to understand their stories, not to watch the show, but to prevent the protagonist of the next story from being ourselves.
Gao Ziyang
How could the police lose 300 million when a former executive was imprisoned?
We often watch the news, and they all say that the police have solved major cases and collected hundreds of millions in stolen money. But can you imagine that someone would dare to touch the police's money? Not only did he dare, he also lost 300 million. This person is Gao Ziyang, a former winner in life.
What is the concept of the 300 million that was liquidated this time? Let me give you an example. If your current annual salary is 1 million, you will have to save for 300 years without eating or drinking.
Where did this money come from? In fact, the funds collected after the police investigated an exchange were handed over to Chengdu Lian'an Technology for temporary custody, and Gao Ziyang was the CMO of Lian'an Technology.
Taking advantage of his position, Gao Ziyang misappropriated the money entrusted by the police. During the 2021 bull market, he used 100 times leverage to short-sell Bitcoin. He wanted to take advantage of the opportunity to make money. As a result, Bitcoin exceeded US$60,000, and 300 million funds were directly liquidated to zero. Gao Ziyang He also landed himself in jail.
If it hadn't been for that liquidation, Gao Ziyang would undoubtedly have become a model of success in the eyes of everyone. As the co-founder of Chengdu Lianan, he attracts attention with his youthful energy and outstanding abilities. As a post-90s generation, he has successfully entered the Hurun Under30s list of entrepreneurial leaders, which is enough to prove his talent and potential.
However, when we deeply understand his investment decisions, we find that things are not that simple. The operation of 100 times leverage, short selling all the way in the bull market, until all the principal is lost, these behaviors are obviously not in line with the way of thinking of ordinary investment novices. At every turning point in the market, he had the opportunity to adjust his strategy, but he chose to stick to his judgment and refused to look back.
Perhaps we should be thankful that this liquidation allowed him to stop his losses in time and avoid greater losses. If he had not experienced this setback, perhaps the next loss would be in the 1 billion or 2 billion level. Although this experience was painful, it also sounded a wake-up call for him, reminding him to be more cautious in future investments.
Gambler Liang Xi: He became famous by shorting the bull market, but why did the trading genius go to a dead end?
Amid the frenzy of digital currencies, a trader named Liang Xi once attracted widespread attention. He became famous for his short selling in the bull market and was hailed as a trading genius. However, the fate of this genius was lamentable, and he eventually reached a dead end.
Liang Xi’s story is full of drama. Amid the fluctuations in the digital currency market, he relied on his superb trading skills and keen market insights to accumulate huge wealth in a short period of time. His success attracted the attention of countless people and became a legend in the currency circle.
However, behind the success lies huge risks. Liang Xi's trading style is extremely aggressive. He frequently uses high leverage to operate, and every transaction is like dancing on the edge of a cliff. This kind of gambling behavior may lead to huge losses once the market trend goes unfavorably.
However, Liang Xi's behavior in the transaction gradually deviated from the rational track. He began to conduct frequent contract operations regardless of the market trend. This behavior was essentially the behavior of a gambler.
In the days that followed, Liang Xi fell into a death spiral. He kept filling his position, then liquidating his position, borrowing money to fill his position, and so on. Even if it can sometimes turn around quickly, this gain cannot make up for the previous huge losses.
进入今年上半年，凉兮仍然不肯认输，他渴望重现昔日牛市做空的辉煌，一举翻身。他坚信比特币会跌至1万美金，但结果却是再次爆仓。这一次，他的信心和资本都遭到了毁灭性的打击，再也没有翻身的余地。
Eventually, Liang Xi fell into complete madness due to the dual problems of financial pressure and mental health problems. Not only did he make many crazy remarks on social media, but he also committed suicide by drinking pesticide.
Without his wealth, Twitter account, and accumulated credibility, Liang Xi’s chances of turning around seemed slim. The key to his failure was excessive arrogance. He mistook the wealth brought by the market trend for his own ability, and therefore drifted away from the market trend.
Liang Xi’s story is a profound lesson, reminding us to be humble towards market fluctuations and our own investment decisions. In the digital currency market, there is often a thin line between success and failure, and the key lies in how we treat and respond. Only by maintaining a rational, steady and humble attitude can we survive for a long time in this market full of opportunities and challenges. #MAV #UMA #dego #tko #Rlc $RAD $API3 $FTT
