The method of the present invention provides a Method of preparing a spinnable mesophase and carbon fiber by using coal to directly liquefy residue-based asphalt vinyl material. According to the invention, the residue-based asphalt vinyl material which is subjected to direct coal liquefaction as a raw material, and the method comprises the following steps: grinding the asphalt vinyl material, and then placing in a high temperature tube type furnace or a high pressure reaction kettle under the inert gas protection, and preparing under the temperature of 200-500 DEG C and the pressure of 0.1-10 MPa to obtain the spinnable mesophase, performing processes of melt spinning, preoxidation and carbonization treatment on the mesophase to prepare the carbon fiber. The invention has the advantages of simple preparation method, conventional equipment, cheap raw material, good product quality and environmental protection, and is a method for high-value utilization of coal resource. The prepared carbon fiber can be used for high performance aerospace materials, adsorbents with high efficiency, separating agents, catalysts and catalyst carriers and the like.