Recently, a Korean investor on Binance Futures, NAMSEOKHEE, has made operations that can be described as quite bold and crazy. Initially, he was focused on holding 20 altcoin contracts, but the latest update is that this number has skyrocketed to 105!
This guy has completely bet on the arrival of an altcoin season, putting his entire fortune on long positions in altcoins. His margin for each altcoin contract is about $2,000 to $3,000, and this frequent and large-scale long strategy shows his extreme optimism about the altcoin season.
What is even more shocking is the earnings situation. According to data circulating online, his return rate has surged from an initial 134 times to a staggering 1,400 times in a very short period, which can be described as a very rare high return. This kind of earnings curve is indeed a typical case of high risk and high return in the cryptocurrency circle.
When everyone sees such high returns, it is still important to be rational. High-leverage trading is not suitable for everyone and is certainly not guaranteed to be profitable. Investment requires caution.