The wildest ways to make money in the crypto world? Just one word: Flip!
I've seen too many people flip hundreds of thousands, only to lose everything in the end...
This thing is more thrilling than holding onto coins without moving them—either you turn your life around in a day, or you end up completely wiped out. At one point, I had only a few hundred bucks left for living expenses, but I managed to ‘flip’ it into 8 ‘targets’ in half a year. Simply put: 100x leverage + reinvest profits + stick to one trend.
I started with 200 bucks (1400 yuan) to test the waters, opening contracts of only 5 bucks at 100x leverage each time. Just earning 1 point means doubling the principal; I would take out 30% of the profits and let the rest continue to ‘roll’. After 12 consecutive trades, 5 bucks could turn into 1 ‘target’! But over 90% of people fall at these few points: wanting to earn more after making a profit, not knowing when to stop; refusing to admit defeat when losing, insisting on adding positions to hold; being indecisive about the trend, swaying back and forth, getting slapped in the face.
I set a strict rule for myself: cut losses immediately, if I’m wrong 15 times in a row, I stop and take a break; if I earn 3000 bucks, I must take half out, never let greed cloud my judgment. Two years ago, there was a strong market, I started with 300 bucks, and within 4 days I ‘flipped’ it to 30 ‘targets’—but before that, I stubbornly waited with no positions for 3 months, not moving at all. This stuff is about seizing the opportunity and going all out; on normal days, you have to hold back, and not be impulsive.
Some people ask if it’s possible to ‘flip’ now? First, check the market: Has there been big volatility? Is the trend moving in the right direction? Can you resist only taking a bite out of the middle segment and not being greedy for the last piece?
If the answer is all ‘yes’, then go ahead; if you’re still hesitant, it means you haven’t been properly educated by the market yet.
Remember, ‘flipping’ is a gamble, either you succeed and gain fame, or you start all over again. Without that mindset and strict rules, you might as well stock up on coins steadily, don’t come here to deliver vegetables!