Recently, I noticed a pretty interesting contrast. On the day the market opened after the Lunar New Year, the Taiwan stock market rose to 34,000 points, investors were overjoyed, but the crypto world was experiencing a ruthless bloodbath. Huang Licheng, the guy everyone calls "Maji Gege," had his long positions liquidated when Bitcoin dropped below $65,000.

According to on-chain data, Bitcoin plummeted from $67,500 to $65,000 in just a few hours, triggering a chain reaction of leverage across the entire market. Huang Licheng's losses this time directly exceeded $27 million. He’s known in the community for "tearing up while going long," always daring to leverage high and rebound during the worst market conditions. But this time, the market really didn’t give him a way out.

Even more astonishing, shortly after the liquidation, Huang Licheng immediately opened a new long position with 1,700 ETH, still using 25x leverage. This guy’s heart is definitely tough, but it also makes people worry for him. At that time, Bitcoin was still struggling to hold at the critical 65,000-dollar level, and his move was truly playing with fire.

Interestingly, while Taiwanese stock investors celebrated the new market opening, the crypto market was a completely different world. The drop in Bitcoin shook bullish confidence, especially for high-leverage players like Huang Licheng, making risk management extremely difficult. The traditional stock market and crypto market are completely decoupled; you simply can’t hedge effectively through diversification.

But this guy is also a tough character. While losing heavily in the crypto market, Huang Licheng recently revealed his investment record in Taiwanese films. Starting with the 2011 film "Seediq Bale," he’s been investing for over ten years. The result? Out of 14 films released, 9 are marked as losses. His investment success rate is less than 40%.

Looking at this list, it’s pretty grim. Films like "Seediq Bale," "Transform," "Cry Sad," and "Reincarnation Offender," even those with decent box office back then, are listed as losses. Only the first three "Zong Xie" series and "The Moon Old" made him money. Huang Licheng’s "more losses than gains" record actually reflects the business struggles of the entire Taiwanese film industry.

But his attitude is quite admirable. Despite losing so badly, he still publicly proclaims on social media, "I support domestic films." Director Jiu Bazhao even came out to clarify that the movies they collaborated on actually didn’t lose money. Huang Licheng also modestly hopes that the upcoming projects won’t lose money.

Netizens praise Huang Licheng’s genuine support for local creations with real money. Compared to those who only talk trash online or demand government subsidies, Huang Licheng’s willingness to keep investing and stand with creators is true influence.

From the liquidation in the crypto market to the box office battles in the film industry, Huang Licheng is using this unique investment resilience to hold on. Under the shadow of liquidation and losses, he remains that fearless "investment godfather," providing aid in the cold winter. This spirit might be more valuable than making money itself.