From 100,000 to 15 million: A look back at the journey of genius young man Liangxi in rolling positions.
He took 100,000 yuan as capital and made 15 million in a single day, all thanks to his signature strategy of rolling positions and short selling. Some on X call him the 'God of Contracts', while others laugh and wonder if heâs exaggerating. Regardless, whenever Liangxi appears, people can't help but fix their eyes on him.
From an ordinary boy to a rising star in the cryptocurrency world.
Liangxi, whose real name is Geng Zhiyu, was born in 2002 in Jinan. His family was of average means, and he was quite mischievous as a child, loving to play games and not paying much attention to his studies. At the age of 16, he saw news of Bitcoin soaring online, which sparked his interest. He took out his saved 500 yuan in New Yearâs money, downloaded a trading app, and began to play. He earned a bit of money but lost it all, yet he found it more thrilling than playing games. At 17, with only 1,000 yuan left, he officially jumped into the cryptocurrency market and started to engage with it seriously.
Liangxi is not the type to slowly accumulate wealth; he likes to play big. In 2020, when the market fell sharply, he used 1,000 yuan with 100x leverage and made it to 20 million in a month. That night, he sat in his rented room, looking at the numbers in his account, feeling incredibly impressive. He posted online: 'From 1,000 to 20 million, am I a genius?' Since then, people in the crypto world started calling him the 'God of Contract Battles'.
Rolling positions and short selling is all about courage.
Liangxi's specialty is rolling positions and short selling. He doesnât like to play small; he always says, 'Either make big money, or itâs nothing at all; I donât like the middle ground.'
What is rolling positions and short selling?
Take this instance: he used 100,000 yuan to bet against the market while increasing leverage. When the market dropped, he didnât rush to exit; instead, he added more positions as his profits increased and continued to short sell. Yesterday, when the market dropped over 20%, he might have rolled several times within an hour, earning more and more, ultimately turning 100,000 into 15 million. The pace is as fast as playing a game, and you canât afford to be slow.
Why is he successful?
This strategy might seem simple, but itâs not easy. First, you have to guess the direction right; he relies on analyzing charts and news, and yesterday he might have sensed the shift early. Second, he has to add positions at the right time; adding too early might lead to losses, while adding too late means lower profits. Third, he needs to maintain a stable mindset; with millions fluctuating in the account, most people would panic. He says, 'If I earn, I add; if I lose, I pretend I didnât see it.' This kind of courage is not something everyone possesses.
15 million in one day: true skill or luck?
A genius young man, experiencing ups and downs.
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