On binance I follow a secret hack to multiply my investments.
You can say this is a loophole. However, today I’m gonna reveal it!
I have few millions in Binance. I bought BTC and ETH using all of them.
Now the ratio is, 60% in BTC, 20% in ETH and remaining 20% in other alt coins.
I bought all these at really cheap prices. I subscribed all my funds to Binance #Earn Wallet. Binance gives me flexible interest for my assets.
Now when I need liquidity to pump and dump a coin or need margin for my future trade, I just use the #Loan option and put BTC or ETH as collateral.
Against the collateral I get USDT. Then I buy coins that gonna pump soon or coins with less volume but high potential like ID, IQ where I can pump the coin myself with few millions.
When I pump a coin, my followers whom I told to hold the coin months ago takes exit, I also take exit slowly, however as the project already got highlighted more funds comes in from other whales or retail investors. None lose money.
After I multiply the money, I repay the loan instantly. Wait for next opportunity to come.
Some times BTC needs support. At that time, I also pull in funds from my cold wallet in binance and buy more BTC. Take loan against BTC and buy again some more BTC. I repeat the loop until I trap all bears in.
It’s something that not only me but also all other whales doing for years.
Now there is a catch here, as well. Liquidation. If you put BTC as collateral there is a risk of liquidation as well. If you took loan, and BTC price drops below significantly I will lose the collateral amount.
Now here comes options or future. When I think I don’t have enough money to repay the loan, (Which is very worst case scenario as I’m a multi billionaire and depositing in binance takes 30 minutes max.) I just buy options to hedge the risk. If prices go down. I will lose my collateral but on the other hand I will win option and get more than I had.
That’s how other rich people operates as well. I learned it from their activities.
