Futures
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I've seen too many tragedies in the crypto world: college students taking out loans with 100x leverage, delivery workers mortgaging houses for Margin Replenishment, and mothers using credit cards to escape traps... Debt is not scary; what's scary is using a gambler's mentality to fill the holes! I’m sharing my years of trading experience with everyone: contracts are just a big casino; if you can't manage it, you can still live a normal life! It can still be colorful!
Step 1: Do not borrow to operate, stop using Huabei/credit cards/online loans completely, and never tear down the east wall to supplement the west wall. Operating under great pressure can easily lead to distortion.
Step 2: Build a secure trap
Regardless of how much principal remains, the funds must be forcibly split into:
20% U-based contract (only open 1-0 times)
50% spot (priority selection of mainstream coins like BTC)
30% stablecoin investment (choose the one with a higher annualized rate)
Remember: All high leverage is prohibited during the debt period!
Step 3: Quick in and out, find hot sector strategies
Only do 1-3 trades per day, at a small level of 5-15 minutes.
① Choose coins with volatility > 5%, preferably mainstream ones.
② Set a stop loss of 1-2% + take profit of 2-5% after placing an order
③ Stop immediately if daily profits exceed 5%
Many small things add up to a lot; cultivate a good habit.
‼️ Deadly Taboo
× It is prohibited to anti-order for more than four hours.
× Trading is prohibited from 22:00 to 2:00
× It is prohibited to operate more than 2 coins at the same time.
× Do not use high leverage with large positions when emotionally charged.
The core of debt clearance is not to get rich quickly, but to smooth out the debt curve through mechanical trading. I have seen single mothers pay off 380,000 with 2,000 dollars in 6 months, and I have also seen wealthy second-generation individuals lose 911 and turn it into Meituan electric donkey. The most fair thing in this crypto world is: in front of discipline, all beings are equal.