At 3 AM, looking at the 1 million I just earned in my account, my hands are trembling - this is the hard-earned money I saved over two bull and bear cycles.
Have you ever thought about gambling on new coins for a hundredfold return? Have you thought about storing USDT for 14% interest? Until you discover this 'counterintuitive operation': use mainstream coins as a safety cushion, hedge with short positions to take advantage of platform benefits, achieving a direct annualized return of 120%, and still sleep soundly!
I finally understood after 13 liquidations: making quick money is not as good as 'locking in risks'.
With 1 million in principal, I just want steady happiness
On May 19, 2022, I opened a 5x leverage position with 800,000, thinking I could 'turn a bicycle into a motorcycle', but the whales manipulated the price, and I was instantly liquidated and owed 30,000 - that night I smoked a whole pack on the balcony and vowed never to touch leverage again.
Now I finally understand:The secret to making big money in crypto is not taking risks, but 'locking the risks in a safe'..
Buy 1 million in mainstream coins (like BTC/ETH), transfer to the contract account to open a 1x short position -No matter how much the spot drops, the short position earns the same amount, effectively providing 'double insurance' for your principal..
The feeling of getting 'salary' from the platform every day is too refreshing!
After opening the position, I was pleasantly surprised to find: the system gives me 'position subsidies' (funding rates) every 8 hours, and the platform also refunds transaction fees - equivalent to passively taking advantage of the platform, waking up every day to see my profits grow.
Personally tested that a certain mainstream coin can achieve an annualized return of 120%: with a principal of 1 million, I can steadily take 100,000+ every month, much better than working hard on projects!
II. Practical three-step method: hand-in-hand teaching you 'to take advantage of the situation'
Step 1: Choose the right coin, never touch 'shitcoins'!
Iron law: only choose mainstream coins with high trading volume and good liquidity (preferably BTC/ETH, only play with top 10 by market cap) -
I tried trading with small coins, but the slippage was so high that I lost the transaction fees and almost cried from being scammed!Soul-searching question: if this coin goes to zero, will the profits from the short position cover the losses? If yes, then dare to invest!
Step 2: Lock in risks with a 1x short position, lying down waiting for subsidies
Buy 1 million in spot, open a 1 million short position (coin-denominated contract) - not afraid of price fluctuations, since the spot and short positions cover each other.
The best part is:If the coin price rises, spot makes money; if it falls, the short position makes money; if it consolidates? The platform gives subsidies, still making a profit!
(Personally tested a platform that consolidated for 3 days, and received over 20,000 in subsidies, much better than working!)
Step 3: Be decisive in withdrawals, profit should be realized in time
Withdraw subsidies once a week (don't be greedy!), keep the remaining principal locked - watching the numbers in the account steadily grow, no more sleepless nights worrying about liquidation.
A friend tried to hoard subsidies out of greed, but encountered extreme market conditions. Although there was no liquidation, the feeling of sleepless nights is something I never want to experience again!
III. Hidden pitfalls: avoid these 3 situations at all costs!
Small coins = bottomless pit, slippage can eat away your principal!
A bloody lesson: I chose a certain second-tier coin for high subsidies, but ended up with 3% slippage and 2% fees at the time of order, directly losing 50,000 - coins with low trading volume are just targets for the whales!
Leveraged over 1x? You're betting on the platform crashing!
I've seen someone open a 2x short position thinking they could earn more, but when the coin price surged, they were liquidated due to insufficient margin - 1x is the safety line, going over means giving your money to the whales.
Don't believe in 'guaranteed profits', mainstream coins can also have black swan events!
In 2024, a certain mainstream coin was exposed for a vulnerability, plunging 20%. Although I didn't lose money, that half hour of racing heart taught me: always keep 20% cash to deal with extreme market conditions.
The ultimate survival rule in the crypto world: make money within your understanding, don't gamble on luck
From liquidation to guaranteed profits, I finally understood: the true高手 is not the one who makes the most money, but the one who can survive and bring the money home.
With 1 million in principal, rather than gambling on hundredfold coins going to zero, it's better to use hedging strategies to take advantage of the platform - an annualized return of 120% is attractive, but more importantly, I can sleep soundly.
Here's a harsh truth for you: in the crypto world, the real winners are those who can withdraw money to their bank cards smiling. Now open your account and see if there are any qualifying mainstream coins - don't let your principal depreciate, make the platform work for you!
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