The writer discusses how he can turn $100M into $1B by use of grid bots to reduce liquidation risks. The writer began this on February 14, 2024, and set an initial capital of $70M on Bitcoin, which the writer added $30M on an Ethereum Grid Bot having a total initial capital investment of $100M. Although the ROI has been negative in the last weeks, the writer has accumulated $5M in USDT with 78.20 BTC (market price of $62,312) and 7 ETH (market price of $3,171).
The write-up talks about how Hi-Table aimed to help clients with bitcoin OTC and cryptocurrency entailing exchange management.
The writer highlights the strategies he would take if the BOT does or does not collapse.
The market has seen billions in liquidation in the last month, making it a lower-risk compared to conventional leverage trading practices.
The writer plans on moving his capital to Hi-Table if the market goes below estimated levels to avoid reselling BIC at a low rate by converting to USDT.
The power of compounding is essential to understand, as hypothetical returns and performance show monthly published blog posts on results.
The write-up provides insights for trader's strategy approaches on bull and bear markets and the importance of taking profits.
The writer has achieved much higher returns in the last crypto bull market and has learned to take profits before the market crash.
The writer will adjust his strategies along the way in the event of market conditions and describes time-sensitive changes on Medium.
Overall, the writer is relatively pleased with the results, however, they feel there are a few adjustments required.