From 100,000 Abyss to 8,000 Comeback: My Warehouse Revival Battle in 2023
On March 19, 2023, my account balance was stuck at -102,367 yuan—heavy investment in LUNA led to a liquidation, following the trend with a meme coin resulted in a Rug Pull, and leveraged shorting ETH got me squeezed, all mistakes piled up.
Until that rainy night, I pawned my last valuable item for 8,000 yuan and wrote six words in the contract account: either zero or a comeback.
Three Survival Rules of Violent Warehouse Rolling (Blood and Tears Verified Version)
1️⃣ Only choose coins that won't die:
During those two months, I only focused on BTC and ETH. When it crashed to 25,000 dollars in May, I noticed that the perpetual contract funding rate hit a historical extreme of -0.3%, a signal not seen even after the March 12, 2020 crash.
2️⃣ 3% Position Death Line:
Each time I opened a position, it was no more than 3% of total funds. When ETH rebounded from 1,800 to 1,900, I opened a 3x long position with 240 yuan of principal, making a 15% profit and immediately adding 3% of the principal. The snowball rolled to the 8th time, turning 8,000 into 43,000.
3️⃣ Early Morning Crash Sniping Technique:
At 3 AM on June 10, Binance suddenly went into maintenance, and BTC plummeted to 24,800 dollars. I had already placed a 10x long position at 25,000 which executed, and 9 hours later it returned to 26,500 dollars, with a single profit of 37% (this battle's principal exceeded 100,000).
The Most Fatal Lesson:
When APT surged from 5.2 dollars in July, I went long at 6.8 dollars doubling my profit but didn't stop, and was instead smashed down to 5.9 dollars, almost liquidating. Later, I found that before the market maker's pump, there was a huge amount of Binance deposits on-chain, and this monitoring tool became my lifeline...
Those who say 'making 100,000 from 8,000 is a scam' will never understand: when you're in dire straits, treating every trade as the last battle, you can see the life-and-death line in the candlestick chart that others cannot.
