Ossie Bollaert AKyh

Let me briefly explain what perpetual contracts are. Perpetual contracts, as the name suggests, are contracts that are continuously renewed. In the current digital currency derivatives trading market, perpetual contracts can be considered a relatively new type of contract. The meaning of a perpetual contract is that, under the premise of not being liquidated, if you do not actively close your position, you can hold this contract indefinitely. So, how much leverage is reasonable to use when trading? Yesterday, someone asked me this question, so I’ll discuss it today. In a conversation with a fellow trader yesterday, he mentioned that he usually trades with 50x or 30x leverage. Taking Bitcoin as an example, 30x leverage requires 16 USDT, 50x leverage requires 10 USDT, and 100x requires 5 USDT. Under the same market conditions, my personal suggestion is to only use 100x leverage. Why? Because once you use leverage in trading, whether it's 1x or 100x, you are taking on leverage risk. Under the same market conditions, the returns from 1x leverage and 100x leverage are worlds apart. Some may argue that the risk with 1x leverage is smaller, which is true. For Bitcoin, if you use 1x leverage, currently one contract requires over 470 USDT, and without significant price increases, you will definitely incur losses due to transaction fees, and even if there is some profit, it won't be substantial. What I want to express is that since you chose to trade with leveraged contracts, you should maximize the use of that leverage and only trade with 100x leverage. In many cases, traders use inadequate capital to engage in contracts that do not align with their current capital, with insufficient margin to support the current market, which may lead to liquidation during slightly volatile conditions. Later, when the market becomes profitable, it won’t relate to you at all, and the contracts you hold become void. Therefore, when trading perpetual contracts, as long as conditions permit, we should appropriately prepare more margin as a precaution. No matter what investment you make, there are risks involved. What we need to do is minimize those risks and then consider the benefits. Holding onto losing trades is a major taboo in contract trading; it is crucial to cut losses in a timely manner. Timely cutting of losses, combined with a position management strategy and the methods I discussed in my previous article, can minimize risks and prevent playing games with your own capital. Set a daily target for yourself; once you achieve that target, take your profits. Trading contracts will become very simple. Experienced traders know that if you have 5000 USDT as capital, is it very easy to make a profit of 50-100 USDT daily? Adding some strategies makes it even simpler. If you make 50-100 USDT a day, that amounts to 1500-3000 USDT a month! Of course, in actual operations, you may encounter significant market fluctuations or various unexpected events. Balancing it out, for a month of 30 days, as long as you meet your daily target for 20 days, you're still in profit. Having said so much, black swan events will teach lessons to all those using unreasonable leverage. These are well-known facts, but cryptocurrency contracts are different; they are not linear contracts like futures in our country but have option-like characteristics. It is necessary to separately discuss the cryptocurrency contract system and compare it with our futures market's daily price limit and no-liability settlement system: Under the daily price limit system, the maximum leverage ratio corresponds to the price limits. A single price limit can lead to liquidation without losing all your margin, though extreme liquidations can occur. However, one won't lose everything in a single day, which provides some assurance for trading strategies that involve frequent adjustments. Under the no-liability settlement system, the settlement price for the day is based on the average transaction price or the average price in the period before the market closes. Artificial manipulation cannot change the settlement price, only stop-loss orders can be triggered. Under these systems, with a reasonable leverage ratio (2-5x), I can consider futures as roughly linear, allowing for a good night’s sleep without fearing immediate bankruptcy if I look away. Cryptocurrency contracts are completely different; there are no price limits, no settlement prices, leverage and volatility don't match, and trading occurs 24/7. When market prices reach a certain point, liquidations occur, which will lead to new liquidations and stop-loss orders, draining liquidity, causing liquidity exhaustion, and creating exaggerated price spikes. Having leverage is very dangerous. Broadly speaking, for those with limited funds, all leveraged contracts are non-linear, they have absorption walls, meaning at a certain price, you must exit, which introduces non-linearity. From a financial engineering perspective, this absorption wall introduces option-like characteristics. For futures contracts, due to the existing regulations I mentioned, this option-like characteristic is not strong enough. For cryptocurrency contracts, the option-like characteristic is significantly strong, treating them as linear contracts is dangerous; they should be treated as complex option contracts. For those who cannot manage this, either avoid leverage and just buy spot, or risk it all. If it’s really not feasible, consider it as spending money on a lottery ticket.

Generally speaking, there are three ways to play. First, buy spot assets. As an old-timer in the crypto world, I can honestly tell you that in crypto, to make money, you must remember that slow is fast, and fast is slow. In other words, do less short-term trading. Or you could be a coin hoarder; in the early days, Li Xiaolai was a coin hoarder. The safest bets are Bitcoin and Ethereum, especially Bitcoin. No matter how much it drops, in the next bull market, it will come back and break new highs. As for altcoins, holding them for years carries significant risks. They are highly volatile, and the key is that many altcoins drop and never recover. The volatility in crypto is much greater than in the stock market. With this in mind, you might think that swing trading should work, right? But in reality, making money is not as easy as it seems. Those who do swing trading might make some small profits in sideways markets, but very few people ultimately make big money through short-term trading. In any market, the ones who really make big money rely on one-sided trend markets; it either keeps rising or keeps falling. Let me tell you a story that is full of tears. A few years ago, I bought a coin called Future Coin. At that time, I knew there would be an airdrop in the future, and it would definitely rise. The airdrop tokens were on a platform with futures priced at over ten yuan each. I knew that futures prices are very speculative. Also, at that time, after the 94 incident, many altcoins were down, and Future Coin's price was around 30 cents. I bought some and held for a month. That month was agonizing, fluctuating between 30 to 35 cents, and I didn’t swing trade. Suddenly, one day, Future Coin skyrocketed to 50 cents, and I quickly sold half, feeling great about swing trading. Then, within two hours, it rose to 60 cents, and I sold the remaining half. It broke 70 cents, and I sold everything. After holding for less than two months, I made a few dozen points and felt quite satisfied and a bit smug. However, my happiness didn’t last long; the feeling of missing out on getting rich made me uncomfortable—this coin slowly became 1 yuan within a week, which was a bit sad. 2 yuan, I wish I had held on. 3 yuan, surely it’s going to drop now? Damn? 5 yuan, why did I sell when it rose so much? If I had held on, it would have been several times my investment. As I recall, this coin eventually peaked at nearly 9 yuan, and it might have even reached over ten yuan on some trading platforms. I regretted it so much; if I hadn’t sold, I would have already made enough for a house. I slapped my thigh until it hurt. A few months earlier, I had bought a small Ant Coin for a few yuan, and it peaked at 89 yuan, but I didn’t sell. After the 94 incident, it dropped to over twenty yuan, and I finally sold it for over 30. Then, one or two months after the 94 incident, the crypto bull market exploded again, and this coin shot up from several dozen yuan to over a thousand yuan in a month. There was a news meme in the crypto world about someone who bought Ant Coin and went to jail for three months after a fight, only to come out and find out he was a millionaire. Second, trading futures contracts. There are some gifted players, traders who can excel at contracts. This is similar to studying; it requires talent, and sometimes luck and mindset. The most typical example is Liang Xi, who made over ten million in a day by trading high-leverage contracts starting with over a thousand yuan, but he is now bankrupt. Earlier, there were even rumors that he drank pesticides and ended up in ICU, which is quite tragic. To know if you are suited to this profession, you can only find out through practice. Third, chasing airdrops. Finally, there’s chasing airdrops in the crypto world, which is like spending money to experience a project’s product and being a real user. When the project releases tokens for exchange, there may be airdrop rewards. This is akin to a level 1.5 market. Projects that have raised tens of millions or even hundreds of millions of dollars, once they release airdrops, can yield returns ranging from ten to hundreds of times the money spent. Like early UNI, where a single account that used it once received an airdrop equivalent to a new iPhone, as well as last year’s OP and this year’s ARB, an account could receive anywhere from a few thousand to over a hundred thousand. Due to the significant wealth creation effect, airdrops are becoming increasingly competitive. I am doing several relatively certain projects like LayerZero, ZKS, and Stark, but looking at the data rankings, leaving a few dozen yuan in an ARB account and trading a few times could still yield thousands in airdrops, which is very competitive. Chasing airdrops costs time, and losses? Not much; at worst, you just don’t get the tokens and get a backlash. Including fund consumption, you could lose around 10 to 20 points, which is better than losing in the big A. The third method is still the most stable; it just has a long return cycle, ranging from a few months to one or two years, essentially trading time for money. I am Mr. Lu, an old crypto investor. If you are currently confused and directionless in trading, give me a follow and tap my profile to help you get back on track. #Should PI go live on Binance? #FTX compensation #SOL trend analysis

On the Binance platform, despite significant market fluctuations, there are still some low-cost or even zero-cost methods to help you steadily earn profits. Here is a strategy that could allow you to easily earn over 900 U, suitable for users with limited investment funds. 1. Participate in the 'Learn & Earn' program. Binance's 'Learn & Earn' program allows you to earn free cryptocurrency rewards by learning the basics of blockchain and cryptocurrency. Steps: • Log into your Binance account and go to the 'Learn & Earn' page. • Choose courses that interest you, complete the learning content, and take a simple quiz. • Upon successful completion, you will receive free tokens provided by Binance. Earnings calculation: • The reward for each course is approximately 10 U, and you can complete 2-3 courses daily. • Assuming you complete 2 courses per day, the cumulative earnings would be 20 U. • Over 30 days, you can earn 600 U. 2. Participate in free airdrop events. Binance regularly launches free airdrop events where you can receive cryptocurrency rewards by completing simple tasks (such as filling out surveys, retweeting, etc.). Steps: • Follow Binance's announcements and keep an eye on airdrop events. • Complete tasks according to the event requirements and claim your rewards. • Rewards will be sent directly to your Binance account. Earnings calculation: • Each airdrop reward is approximately 10-30 U; participate in 2-3 airdrop events. • Assuming you earn 15 U per airdrop and complete 10 airdrops a month, the earnings would be 150 U. 3. Participate in social media tasks. Binance frequently posts task activities on social media platforms (such as Twitter, Telegram), and you can earn rewards by completing these tasks. Steps: • Follow Binance's official social media accounts. • Complete social media interactions (such as liking, retweeting, commenting, etc.) according to task requirements. • Submit screenshots of tasks and wait for the rewards to arrive. Earnings calculation: • Each social interaction task reward is approximately 5-10 U. • Completing 3 tasks daily, you could earn about 15 U per day, totaling 450 U in a month. 4. Earn commissions by inviting friends. Binance's referral program is very generous; you can earn a portion of the trading fees from friends you invite to register and trade. Steps: • Get your exclusive referral link and share it with friends. • After your friends register and start trading through the link, you will earn 20%-40% of their trading fees as a commission. Earnings calculation: • Assuming you invite 5 active trading users, each contributing about 10 U in fees. • You will receive 100 U in commissions monthly. Summary: How to earn over 900 U with low investment. By combining the above four methods, you can easily earn over 900 U without high investment, and you can even start with low costs. Method Expected Earnings Learn & Earn Courses 600 U Airdrop Events 150 U Social Media Tasks 450 U Invitation Commissions 100 U Total 900+ U. Start taking action! With these low-cost methods, you can not only steadily earn profits but also accumulate more cryptocurrency assets. Hurry up and participate in these activities to easily earn over 900 U!

Wow, you might not believe it when I say this, but I have been struggling in the cryptocurrency space for a full ten years, experiencing countless ups and downs, and finally accumulated a net worth in the eight figures! Today, I will generously share my secret to making money! First of all, safety comes first when mixing in the cryptocurrency space; you must keep a close eye on your money. My secret is to divide the money into five parts and only use a small portion for risky investments each time, so even if I stumble, it won’t be too damaging. If I really misjudge the market, I won’t hesitate to cut my losses, so even if I make five mistakes, I will only lose about ten percent. If I’m right, don’t forget to set a profit-taking point; don’t let a bird in hand fly away. Want to improve your win rate? Follow the trend, you can’t go wrong! When the market is falling, don’t rush to catch the bottom; when the market is rising, don’t be afraid to chase the high. Rebounds in a downtrend are often traps; while pullbacks in an uptrend are real opportunities. Those cryptocurrencies that surge in the short term are like shooting stars, fleeting; don’t let them blind you. A high position that stagnates will definitely fall afterward; this is a hard rule. The MACD indicator is very useful; it can help you find good entry and exit points. When you see a golden cross breaking the zero axis, you can confidently enter the market; if you see a death cross pointing downward, you must quickly reduce your position. Remember, if you lose money, never average down; that’s like jumping into a fire pit. Increase your position only after making a profit, that’s the right way. Trading volume is the lifeblood of the cryptocurrency market. A breakout with high volume at a low level is an opportunity; a stagnation with high volume at a high level is a warning. When trading cryptocurrencies, only participate in upward trends for better chances of winning. From short-term to long-term, look at the moving averages of different cycles, and you will feel the pulse of the trend. Finally, don’t forget to review your trades daily, see if the coins you hold are still viable, and if your strategies are appropriate. This way, you can thrive in the cryptocurrency space. In the upcoming bull market, I will help everyone aim for the wealth opportunities in altcoins, with an expected return of over ten times being no problem at all. Like and leave a comment, and I will guide you through the entire bull market!