My brother in the crypto world who made a fortune of 42 million - a true story 📌 First Encounter: The rise of a delivery guy from a village in the city
In 2017, I worked at the KeXing Science Park in Shenzhen, and every day at noon, I would see this guy in flip-flops picking up takeout.
Once, during a heavy rain, he dropped his delivery box, and when I helped him pick up the documents, I saw a screen full of fluctuating candlesticks — that was the first time I learned about 'contract trading'.
'Want to collaborate? You invest 50,000, and if you lose, it's on me,' he said while holding a seven-yuan Hong Shuangxi.
One time I borrowed his place to stay, and was woken up by an alarm at dawn:
'ETH spiked! Quickly give me the spare phone!'
Watching him operate three devices to add margin simultaneously, I finally understood why he was on blood pressure medication at 28.
Last year, for his birthday, he treated me to a chicken leg meal that cost 18 yuan per person:
'Don't laugh, back when I liquidated, I couldn't even afford this.'
When he pulled out the Rolls Royce key from his pocket, the look from the waiter was priceless...
Three pieces of advice
Leverage rules of thumb
'If your principal exceeds 500,000, don't touch more than 20x leverage. Last year's LUNA crash, brothers with 200x leverage still haven't been found.'
The devil's details of stop-loss
'When placing a stop-loss order, hide it three decimal places after the point. Do you know why? There are often spikes, right? They specifically hunt for stop-losses at whole numbers.'
Withdrawal freezing prevention secrets
'If your profit exceeds a million, first transfer USDT to a cold wallet, use a small Alipay account for more than six months to withdraw, and never exceed 80,000 per transaction.'
His darkest history he wants to delete
💔 2018 Rooftop Story
'On the night of the EOS liquidation, I finished half a pack of cigarettes on the rooftop of Jingji 100.'
'If I hadn't seen my ex-girlfriend being affectionate with a Porsche guy, I might have really jumped.'
📉 2022 Minefield Diary
'I thought UST was a guaranteed profit, but my 3 million principal went to zero in three days.'
'Now when I hear 'algorithmic stablecoin', I want to throw up.'
His secret trading weapon
Long and short sentiment detector
Analyzing certain contract big data:
Prepare to short when the long position exceeds 65%.
When liquidation volume suddenly increases by 200%, open a reverse order.
🔐 Exchange risk control loopholes
Using Binance API delay:
Place ±3% limit orders before extreme market conditions.
Can pick up the exchange's liquidation orders.
✨ His final musings:
'Don't envy my account balance, look at my hairline.'
'There are only two outcomes for real crypto big shots: retirement on an island or a mental hospital.' #币圈 #合约交易 #CPI数据来袭 #合约爆仓