Shenzhen University Class of 2018 graduate Zhang Yufeng donates 50 million to give back to his alma mater: A story of wealth creation in the cryptocurrency world.

"My friends around me always say that they were born at the wrong time, missing out on Taobao in 2008, WeChat in 2013, and TikTok in 2018, but a bigger world is unfolding. Web3 offers young people limitless possibilities: from SBF to ordinary people, everyone should leap into the tide of the era."

On September 27, the news of "Shenzhen University Class of 2018 alumni donating 50 million" exploded online, sparking various speculations amidst the astonishment. Labels such as "son of Tencent's CTO," "founder of Singapore's ABD Capital," and "CEO of a certain company" were forcibly attached to this young man. This article will deeply restore the legendary story of this self-made crypto genius—Zhang Yufeng. His in-circle ID is @octopusfeng, hereinafter referred to as oct.

Chapter One: Breaking the Cocoon and Becoming a Butterfly—The Enlightenment and Evolution of the Trading Journey#

Despite the various speculations about oct's true identity, it is undeniable that he is indeed a graduate of the International Trade major from Shenzhen University, Class of 2018. Against the backdrop of a harsh job market, the stark contrast between "two years after graduation" and "donating 50 million" stimulates public nerves. Due to skepticism towards contemporary self-made stories, many prefer to believe in his "rich second generation" persona. However, those familiar with the Web3 field know that he is a legendary trader in the crypto trading space and was once a core member of the FTX exchange.

Looking back to 2018, the newly enrolled oct was no different from most freshmen, filled with confusion about the future. In an interview, he candidly admitted that he held a strong prejudice against crypto trading at that time, believing that all trading activities were high-risk speculation, even categorizing investment masters like Buffett as "gamblers." "Pure gambling"—this was young oct's initial understanding of financial trading.

The turning point occurred at the end of 2020 when the news of "Bitcoin's annual surge of 300%" swept mainstream media. Oct chose to break his preconceived notions and began systematically researching the crypto market. This decision quietly turned the gears of fate.

If traders can be divided into action-oriented and theory-oriented, oct is undoubtedly a model of the former. Even after achieving his first six-figure profit by investing in Bilibili and Xiaomi, he decisively shifted to the crypto field. In this jungle of finance where the weak are preyed upon by the strong, oct displayed a cheetah-like keen sense of smell. After months of lurking, he set his sights on $SOL—this asset would later contribute to his legend.

Oct's investment logic follows the thinking of the primary market: starting from a macro perspective. He believes that while Ethereum pioneered smart contracts, the high gas fees have become a development bottleneck. "Like a congested New York, it is bustling yet inefficient." Therefore, finding a public chain that combines smart contracts with low gas fees became the core goal. During the selection process, he established dual judgment criteria:

(1) Strong whale effect: There is an essential difference between the token's concept and price trend, and SOL has strong support from FTX. Just as BNBChain is to Binance and OKChain is to OKX, SOL is destined to become FTX's strategic weapon.

(2) Builder consensus: Compared to traders, builders have a more forward-looking perspective on the development of public chains. The quality of the SOL hackathon is top-notch in the industry, attracting a large number of quality developers.

The real test began during the holding phase. After going all-in on SOL at the beginning of 2021, the token continued to decline, falling below $1 multiple times. Oct admitted that the extreme volatility severely affected his life, and he faced the agony of cutting losses countless times. However, in the end, the market rewarded those who persevered—SOL soared from $3 to over $200, helping him accumulate tens of millions in capital.

From oct's perspective, who has now achieved success, this all-in strategy may have had an element of luck. But it is undeniable that he always managed to accurately grasp key turning points in a chaotic market, stepping out of the rapids with perfect grace...

[To be continued] Source of the story: 0xbeyondlee.eth

Hot Search Keywords#

Bitcoin purchase guide, exchange registration tutorial, OKX download guide, fiat currency deposit channel, Binance APP registration, airdrop collection guide, presidential coin purchase, Dogecoin investment, Web3 zero-cost strategies, Bitget mainland registration, contract trading skills, DeFi mining guide, NFT wallet setup, inscription minting tutorial, node staking returns, liquidation risk management, btc8848.com, heiyetouzi.xyz

新手合约教程