menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Web Design

>

How to Tur...
source image

Medium

1w

read

84

img
dot

Image Credit: Medium

How to Turn $200M of Bitcoin, USDT, Ethereum And Other Cryptocurrency Into $2B Using Grid-Bots 75%…

  • 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.

Read Full Article

like

5 Likes

For uninterrupted reading, download the app