17 year olds do trades from 1,500 to 30 million

Mondo Finance Updated on 2024-03-07

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Recently, a person named Liang Xi in the currency circle has earned 2,000 to 30 million US dollars from 1,500 US dollars through currency speculation in less than two months. Liangxi.com is called Bull Market Short Liangxi, real name Geng Zhiyu, 17 years old this year, born in Jinan, opened an account in May this year and took the principal of 1,500 US dollars to invest.

On May 17 this year, he made a profit of 10 million in one day, increasing his position all the way, and just happened to encounter the digital currency ** on May 19, and his assets instantly earned 2,000 to 30 million. He mainly plays Ethereum and Bitcoin, and trades through high contracts, with an average of 40 to 50 times the contract per order, what is the concept of 40 to 50 times the contract? If you fluctuate by about two dollars, you will earn double, which is undoubtedly equivalent to a heavy trade.

What is the fate of such a trading method? I'm sure you all know that. And around June 20, 30 and 40 times short Bitcoin and Ethereum were liquidated. On June 26, we explained this person's trading behavior, and I didn't know how to stop it, and in the end I must have given back all the profits.

At that time, he saw that his account also made a profit of several millions, 32,436 short Bitcoin, and 1,837 short Ether, but on June 28, Bitcoin skyrocketed, the account was liquidated again, and there were other short liquidations, which we don't know. As of June 28, the position was liquidated again, and the loss was over. In fact, the main reason for its liquidation is that Bitcoin has been at a low level recently** and there is not much trend.

And from his trading methods, it can be seen that this person is doing trend trading, and there is no problem with the idea, but the gambling is too big, the trend has been shorting, and finally died in *** really responded to that sentence, the veteran died of **, and the novice died of the trend. And this person has withdrawn 20 million before, and from the amount of his recent continuous liquidation, it is estimated that 20 million has also lost about 20 million.

Finally, I would like to give you a word, the wealth earned by the wrong method will definitely be lost back with interest in the end. I hope you take this as a warning, don't have any luck in the trading market, then you can't have the last laugh, unless you know how to stop immediately after earning.

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Disclaimer: The information in the article is collected on the Internet, and does not participate in the operation of any analyzed project, nor does it invest in any project, nor does it charge to promote the project, and does not make a private evaluation of the project, and the above analysis does not constitute any investment advice. It is only used as a reference for the model case of the development demander, if there is any violation and infringement, please contact the author to delete! 】

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