Having been involved in the crypto space for many years, I have witnessed too many accounts drop from millions to zero in tragedy. Among the most extreme profit-making methods is margin trading—combining high risk and high reward, with a vivid sense of swinging between heaven and hell.

Compared to the steady pace of simply holding coins, margin trading is much more exciting. The core strategy is: open positions with 100x leverage, reinvest all profits, and focus intensely on one direction. Some start with $300, opening 10-dollar contracts at 100x leverage; earning just 1% can double the capital. After profits, take half off the table and continue rolling the rest. Theoretically, after 11 successful rounds, $10 can grow to $10,000.

But this approach tests one’s psychological limits. Less than one in a thousand can truly master it. A common pitfall is—after a loss, unwilling to accept it, increasing position size, and eventually being taught a harsh lesson by the market, ending in total defeat.

Successful traders often have ironclad discipline: cut losses immediately when wrong, and if wrong 20 times, decisively exit; when profits reach $5,000, withdraw without greed. Someone once turned $500 into $500,000 in three days, but in reality, they waited a full four months before taking action. Margin trading is not frequent gambling; it’s about building momentum, waiting for the right opportunity, and striking hard when it comes.

Ultimately, whether margin trading can be successful depends on three questions: Are market fluctuations large enough? Is the trend direction clear and certain? Can you truly stop when you’re ahead? Only when all three are satisfied do you have the qualification to try. Otherwise, it’s wiser to wait patiently for the right opportunity.