5 USD turned into 2000 USD, just because I seized the experience gifted by the platform
In October last year, Gate held an event and gave me a 5 USD contract experience bonus.
To be honest, I had never done a contract before I received the 5 USD experience bonus. Because I think that there is no difference between a contract and gambling. With this idea in mind, I don’t know how much experience bonus given by the platform was wasted in the last bull market.
However, this time I suddenly wanted to give it a try for two reasons. One is that if I use the experience bonus to play, I don’t have to bear the loss myself, just treat it as playing a game; the other is that the market at that time made me feel that the probability of a big rise was higher.
After deciding to give it a try, I began to look for the target. After a hard search, on October 21 of that year, I finally completed my first contract order in the currency market career-I opened the 20x leverage of the 5 USD and put it on $ladys.
After I opened the order, the market did not quickly go the way I wanted. However, on the second day of opening the order, everything became better. The five-dollar trial fee doubled first, and then a larger increase appeared, and the multiples followed.
At that time, I wanted to expand the results, so I closed part of the position on the 23rd and looked for coins that had not risen much at that time. After a search, I used the profit from the closed position to go all-in on $pepe with the same 20x leverage.
On October 24, $pepe, which I bought the day before, rose sharply, and the yield of this order reached more than 6 times. I followed the same method, closed 75% of the position, and looked for new targets again. Using this method, I successively made 20x contracts for currencies such as $sushi, $pepe2, $bonk, $polyx, and $lome in those days in October, and the results made me very satisfied. There are really many currencies with profit margins of more than 10 times.
In this way, from the end of October to the middle of November, I successfully turned my $5 trial bonus into more than $2,000.
Later, the market started to deteriorate, and in order to lock in profits, I cleared a lot of orders. To this day, the only one of the above orders I have left is $bonk.
Looking back now, it was a correct choice for me to keep the $bonk order. When the initial coin $bonk rose to 0.00004759 in March this year, the value of this order alone reached about 9,000 RMB.
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