Stop dreaming, Spot trading to get rich? That era has long passed.
Contracts do have opportunities - starting from dozens or hundreds of U, opening 50x or 100x leverage, it's reasonable for small funds to try and turn things around. But playing with over ten thousand U at a hundred times? That’s not trading; that’s gambling your life savings. Just do the math on the margin and you’ll see; those who can do this either have a family mine or don’t understand the risks at all. What normal person would rush in like that? So don’t ask me if there’s a shortcut to making a million overnight, there isn’t.
My own approach is like this: using 5 to 20 times leverage, starting with a capital of 200U and gradually growing it to 10,000U, which took about two months. Now the market has changed, and I am not sure if I can replicate it, but I can share the strategy I used back then.
The core is to keep an eye on social media trends. Which coin is being hyped? Look at the overall market trends and the order volume from the big players. Trading peaks are usually from 11 PM to 12 AM, or from 2 AM to 3 AM. For coins that have a long-term bullish outlook, wait for a sharp drop to gradually accumulate positions—such as starting with a $100 principal, with individual positions of $20, using 20x leverage, and considering 1 to 4 hours as a cycle. If it continues to decline, keep adding to the position. When social media traffic starts to cool down, it's basically a signal that the peak has been reached, and it's time to run.
Social media traffic can be monitored using data plugins, which is crucial. However, the most dangerous aspect of this approach is that it can lead to overconfidence—continuous profits can make people blindly confident. I used to be like that; when I was on a winning streak, I started trading 100x short positions for 5 or 10 minutes, and as a result, the market taught me a lesson. Sometimes a single spike in 5 minutes could lead to liquidation, and there’s simply no time to react.
So staying calm is more important than technology. When there's a continuous decline, I will use tens of USDT to open a hundred times hedge adjustment, but I will never put all my wealth on the line. Remember, contracts are not ATMs; they are meat grinders.
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PriceOracleFairy
· 11-30 19:47
yo the social sentiment decay theory hits different when you're actually watching the candles... 11pm-3am window is where the algos start revealing their tells, ngl. that $20 per lot discipline? *chef's kiss* — most people can't help themselves, they pyramid all-in like it's some kinda infinite money glitch lmao
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ArbitrageBot
· 11-30 19:43
When you make a profit, you start to float, and I've had this problem too... I've only come to understand after being pricked a few times that preserving the principal is more important than anything else.
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DAOdreamer
· 11-30 19:32
To be honest, I believe that turning 200U into 10,000 was possible, but it's difficult to replicate that now. The social media traffic monitoring strategy is indeed brilliant, but it can easily lead to a mental breakdown.
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airdrop_whisperer
· 11-30 19:30
This guy speaks from the heart, I'm the kind of person who gets carried away when I make a profit, only to be bloodied by the market before I understood.
Turning 200U into 10,000 over two months sounds simple, but it's hell to do, it really takes endurance.
A hundred times long wick candle can get liquidated in five minutes, I've experienced that twice, the feeling... let's not think about it.
Social media traffic is indeed important, but the threshold for tools that monitor plugins is a bit high.
The meat grinder metaphor is brilliant, contracts are just there to play people for suckers.
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BlockchainGriller
· 11-30 19:24
200U in two months to 10,000? Easy to say, but how many brain cells would die in execution?
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100x leverage is playing with fire, a long wick candle down and the account goes to zero, who can withstand that?
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Social media heat monitoring is indeed crucial, but most people can't calm down to exit, greed kills.
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Rolling a snowball slowly with 5 to 20 times leverage is the right path, unfortunately, no one has the patience, right?
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The feeling at the moment of getting liquidated... those who understand understand, it hurts more than losing money.
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Trading peak from 2 AM to 3 AM? Why do I feel that's the easiest time to get tricked?
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The meat grinder metaphor is spot on, contracts are not meant for retail investors to make money.
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Continuous profits are the easiest way to get carried away, this is too true, every time I think like this I want to slap myself.
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Is there still someone who believes in making a million overnight? It's time to wake up.
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Is the social media traffic cooling down a sign of a peak? I feel like this logic can be misleading at times.
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BlockImposter
· 11-30 19:23
Is it really possible to go from 200U to 10,000U in just two months? This guy must be very calm, but I see most people start to get reckless once they make a profit.
The hype on social media does make sense, but the problem is that most people can't tell whether it's real speculation or market maker support.
I can really relate to that 100 times in 5 minutes part; one long wick candle and it's all gone, it's simply a nightmare.
The meat grinder metaphor is spot on; how many people treat their life savings like suckers to be played for suckers?
No matter how right it is, it doesn't matter; execution is the real ceiling, and most people can't do it.
Stop dreaming, Spot trading to get rich? That era has long passed.
Contracts do have opportunities - starting from dozens or hundreds of U, opening 50x or 100x leverage, it's reasonable for small funds to try and turn things around. But playing with over ten thousand U at a hundred times? That’s not trading; that’s gambling your life savings. Just do the math on the margin and you’ll see; those who can do this either have a family mine or don’t understand the risks at all. What normal person would rush in like that? So don’t ask me if there’s a shortcut to making a million overnight, there isn’t.
My own approach is like this: using 5 to 20 times leverage, starting with a capital of 200U and gradually growing it to 10,000U, which took about two months. Now the market has changed, and I am not sure if I can replicate it, but I can share the strategy I used back then.
The core is to keep an eye on social media trends. Which coin is being hyped? Look at the overall market trends and the order volume from the big players. Trading peaks are usually from 11 PM to 12 AM, or from 2 AM to 3 AM. For coins that have a long-term bullish outlook, wait for a sharp drop to gradually accumulate positions—such as starting with a $100 principal, with individual positions of $20, using 20x leverage, and considering 1 to 4 hours as a cycle. If it continues to decline, keep adding to the position. When social media traffic starts to cool down, it's basically a signal that the peak has been reached, and it's time to run.
Social media traffic can be monitored using data plugins, which is crucial. However, the most dangerous aspect of this approach is that it can lead to overconfidence—continuous profits can make people blindly confident. I used to be like that; when I was on a winning streak, I started trading 100x short positions for 5 or 10 minutes, and as a result, the market taught me a lesson. Sometimes a single spike in 5 minutes could lead to liquidation, and there’s simply no time to react.
So staying calm is more important than technology. When there's a continuous decline, I will use tens of USDT to open a hundred times hedge adjustment, but I will never put all my wealth on the line. Remember, contracts are not ATMs; they are meat grinders.