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Luo Yonghao once made a fortune of 30 million yuan in 2018 by investing in BTC, and advised company employees: Focus on your work, don't speculate on cryptocurrencies.
Odaily Planet Daily News reports that, according to crypto KOL Ma Siqi’s post on the X platform, “Here’s a fun fact: In addition to being the first-generation Bitcoin OG Li Xiaolai, Luo Yonghao is also a ‘Northeast famous teacher’ at New Oriental. The two also have many private interactions, and in 2018 alone they made over 30 million (RMB) by investing in Bitcoin. That year, he even advised the company’s young employees: rest assured and work, don’t trade cryptocurrencies.”