Long ago, Lü Mengzheng lived in a humble cave dwelling and begged for food. When fortune finally turned in his favor, he rose to high office and saw the full range of life’s fortunes.
And Liangxi of Web3 reenacted the rise and fall of that humble dwelling on the candlestick charts.
On May 19, Bitcoin plunged, and everyone panicked and fled.
At 19, Liangxi went against the trend and shorted, repeatedly rolling over positions at high frequency. Starting with just a thousand yuan, he built his assets to tens of millions in a month.
Before long, fans flocked to him, big names competed to send him tips, and tens of thousands watched his livestream. Everyone called him a trading prodigy.
At the time, he stood atop the wave, as if he had found the secret to making money forever.
But the future is never certain.
The market reversed, and the tide no longer favored the bears. He was just as aggressive with his oversized positions; one misjudgment, and tens of millions in assets vanished into thin air.
From a top influencer adored by tens of thousands, he plunged into debt, faced ridicule and doubt, and at one point was so down on his luck that he had to earn a living working at a construction site.
Later, the market gave him another chance. He turned 2,000 USDT into a million dollars in just a few hours, and the whole internet hailed the king’s return.
But luck is like a gust of wind: it arrives quickly, and leaves even faster. The next day, one heavily leveraged trade wiped out his enormous profits again.
Many people only saw his shining moment when he seized the market opportunity, overlooking a harsh truth:
Making a fortune depends on favorable timing—not on a trading strategy that is forever unbeatable.
(Ode to the Cold Kiln): When times are against you, be content with modest means and hold to your place; if your heart remains true, you will surely have your day.
Applied to the trading market, this means:
When the market isn't on your side, don't force a comeback bet. Stay true to yourself and wait for the next cycle.
The market will never run short of people who strike it rich overnight; what it lacks are people who know how to hold on to their gains.
The rises and falls of Web3 candlesticks are, at their core, the modern-day interplay of timing and fate.
A truly strong person isn't someone who makes tens of millions in a single trade, but someone who knows when to step back as the tide goes out. Liang Xi's story is the Web3 version of the Ode to the Cold Kiln: when the market rises, thousands hail you as a god; when the tide turns, you lose everything. A person may aspire to reach the heavens, but without fortune, they cannot make their way.