Banmu Xia, a senior trader in the cryptocurrency circle, is referred to as a 'veteran', yet is not old. Known for his skills in contract trading, he is also called the 'God of Contracts' and is respected in the community as a 'demigod'.

At the end of 2017, while still a graduate student, Banmu Xia entered the cryptocurrency contract market. Initially, like most novices, he was accustomed to high-leverage betting, and experiencing liquidation was a common occurrence, even borrowing money at times. At that time, his principal was about 20,000, and during good market conditions, he could make 20,000 to 30,000 in a single day. However, due to his habit of 'regular withdrawals', he ended up with a slight profit of around 10,000 when he finally exited. This experience deeply made him aware of the hard rule that 'high-leverage betting must end in zero' and he thoroughly understood the importance of not engaging in high-leverage betting.

In September 2018, Banmu Xia re-entered the market with a principal of 50,000 and at one point made up to 300,000. At this point, he seemed to have grasped the nuances of trading and even created a fan group to guide others in trading for free. However, 'Heaven will confer great responsibilities on this person; it must first torment his will.' Just as he was preparing to make great strides, he faced a liquidation overnight due to full-margin trading, resulting in his account being wiped out. After this setback, he paused trading to focus on writing his master's thesis. This experience made him realize that although full-margin trading could bring high returns, it was fraught with the risk of total loss. Thereafter, he switched to a partial-margin model, ensuring that in extreme market conditions, he only lost the margin for the position, protecting his other funds.

In March 2019, Banmu Xia made a 'comeback' with a principal of 15,000 RMB and resumed trading. During this phase, he continued to share his life and trading activities on Weibo and even disclosed his actual trading results. He strictly controlled his leverage, not exceeding 5 times at most, and most of the time only used 2-3 times, ultimately achieving a return of 440 times, elevating his wealth to A9 level, and the name 'demigod' began to spread in the community.

In 2024, after careful consideration, Banmu Xia made an important decision — to exit the cryptocurrency circle. At this point, his wealth had reached A10 level, and trading had lost its allure for him; what he wanted more was to let go of trading, relax, and truly experience life. #美国非农数据超预期