As a crypto analyst, I've seen countless stories of market euphoria and ruin. This one hits different — a former state-owned enterprise副厂长, once living comfortably in Hebei, lost everything betting on leveraged crypto trades. Now he drives for rideshare, earning $100 a day while drowning in $300K debt. His story isn’t just about bad luck — it’s a case study in how greed, denial, and the illusion of 'catching up' can destroy lives. Let’s break down what really happened — with cold logic and quiet empathy.