【Retail Investors’ Self-Defense Manifesto · Part Five · Just the Books】
Prologue: a personal post and a comment passing along a message. First, let’s lay out his public posts from the past two days exactly as they appeared: October 4: no posts on the plaza all day. October 5 at noon: a personal post—“Stop asking about my business all the time. Getting through your own hard days matters more than anything.” It came with several still-life photos and got 21.2k views and 72 likes. The first comment was a message from a fan, “Heart with a Tiger”: “Brother Chi, that dog next door is mocking you again for shorting.” In other words, he knows someone is mocking him, his fans know it too, and the way he chose to respond was to urge everyone to “get through your own hard days.” We respect that response, and we completely agree—getting through the days matters more than anything. So this article won’t ask about his business; it will just check everyone’s books: his short positions, his copy-traders’ margin, and that “godlike prediction” still hanging in the air.
I. Five days of changing tone: the higher the price, the quieter the voice. Put his public statements since October 1 in chronological order (all original Plaza posts, archived): 10/1: “If it breaks out and then falls back, short! It’s not just that you can short—it’s a guaranteed short! —Your invincible Guaranteed-Short Bro,” with BTC at around 83,600 that day; 10/2: “I’m in a short, waiting for the outcome” (livestream title), plus a posted profit ranking showing $1,979, with BTC around 84,000 that day; 10/3: “For this period, I’ll only trade in one direction... wait for the outcome, wait for the market’s answer,” with BTC above 84,000 that day; 10/4: no posts all day, with BTC between 83,800 and 84,100; 10/5: “Stop asking about me all the time. Make the best of your hard times,” with BTC around 85,000 that day (verified against multiple sources). Read this table from top to bottom: BTC climbed from 83,600 to 85,000, while his tone went from “Invincible Guaranteed-Short Bro” to “Stop asking.” Every time the price climbs another step, his volume drops a notch—this is no coincidence, but a law of physics shared by all signal-callers: when the market moves up, a bearish streamer’s microphone automatically mutes. When BTC really does fall back below 79,400 one day, just watch—the volume knob will turn itself back up.
II. Two generations of short positions, and not a single statement to reconcile. Ledger updated at midday on October 5 (cross-checked against multiple sources): First-generation short: 79,400, called out on a livestream on September 18. BTC is around 85,000 today; day 17, still nowhere near breakeven, with an unrealized loss of about 7%. When BTC surged to 87,000 on September 22, copy traders using leverage of 10x or more had already been liquidated. This ledger series documented that in its very first installment, and the reconciliation statement still hasn’t appeared. Second-generation short: “I’m in a short, waiting for the outcome,” from the October 2 livestream. Based on that day’s price of around 84,000, it’s now also sitting on an unrealized loss of about 1%. Two generations of shorts, about half a month apart; the same streamer, the same “wait for the outcome” script—the first generation still hasn’t seen an outcome, and the second has already started waiting. The art of waiting and waiting: the first generation’s statement hasn’t been posted, and the second generation’s “waiting for the outcome” is already underway. Retail traders’ margin turns into fees, generation after generation of “waiting.”
III. “Make the best of hard times”—we pass that advice on to everyone. The person who said it is a professional streamer who has received a cumulative 120,000 U in tips (”about the price of a house in a small county town,” as he posted himself on 9/23), earned $4,124 in gifts from a single livestream, and made $1,979 in live-trading profits. Of course he doesn’t need anyone worrying about him; his life isn’t hard at all. So whose life is hard? The people who went short at 79,400 on September 18; the people in the livestream asking, “Chi-ge, what should we do during the day? Come bail us out, brother”; the people who treat “Guaranteed-Short Bro” as an article of faith, and every “wait for the outcome” as the night before dawn. Make the best of hard times—we completely agree, and here’s a practical plan: 1) Pull up your fee statements and calculate how much “turnover tax” you’ve paid this month; 2) Write down every trade you followed: how many were right, how many were wrong, and whether you set a stop-loss on the losing ones; 3) Calculate your own liquidation price. If you can’t withstand a move below 79,400, don’t join anyone in “waiting for the outcome.” Do these three things and your hard times will immediately get 30% better—because you’ll realize that it was never the market making things hard for you, but the person giving you directions every day.
Conclusion: No more asking around, just waiting for one statement. Fine. We won’t ask. Starting today, this series switches to ledger-only mode: he posts his trades, we balance the books; he goes quiet, we keep the books; he says, “Make the best of your hard times,” and we’ll help everyone make the best of theirs. The only thing we still need from him is one piece of paper: the statement for the 79,400 short position—day 17, and still nowhere to be seen. It needs no explanation or defense, just four numbers: entry price, leverage, stop-loss price, and exit price. Whenever he posts it, this series will take a day off from posting about him. The Retail Traders’ Self-Defense Manifesto, Part Five—complete. See the first four parts on the profile. The ledger is never late, never leaves early, and never asks around.
Data sources: Yan Chi Bit’s Plaza profile posts from 10/4 to 10/5 (checked at midday on 10/5; includes the original “Stop asking about me all the time” post, with 21.2k views, and its comments); earlier posts archived individually from 9/16 to 10/3; market data cross-checked across multiple sources, including Sina Finance, Investing.com, and BitDegree (around 85,000 at midday on 10/5, within a range of 84,500–85,500). This article comments on publicly available information and is not investment advice.
