Q1 crypto income totaled over $300k.
Mainly using Binance, with Binance futures bringing in about $290k.
HL, Poly and others combined added a few tens of thousands more.
For a bear market, these returns are pretty solid.
January’s playbook was relatively straightforward:
Shorted 4B LIT, 1.6B ZAMA—
High valuations, big room, perfect targets for heavy shorts.
Honestly, last quarter’s version was even simpler.
Last year, the market was hot, so even with high valuations, liquidity was better. Got stopped out a lot on shorts. This year, bear market moves are way more cautious, playing it safe, sometimes just sitting out. But truth is, this year it’s hard to get rekt as long as you don’t short stuff that isn’t overvalued.
Speculators need to know how to seize the right version.
This cycle’s main opportunity is understanding:
Public sale prices will definitely dump. Airdrop farmers will get farmed.
(Previously, everyone believed public sales = guaranteed profit, airdrop farming = easy money.)
But the reality is, in a bear market, more people finally see that most altcoins are basically scams.
Take MON for example—started shorting from 12B, when CB announced IEO, price was around 5B, kept adding to the short. Everyone was saying CB’s first project will moon, but the outcome was obvious: MON just kept tanking for days.
ZAMA? No need to explain—1.6B pre-launch, insta-dump on open.
Since SENT, as soon as Binance pre-TGE price drops, you can short around it. Initial price is always inflated, everyone thinks pre-TGE = instant profit, but in the end, it always dumps.
Most of my gains this cycle came from SENT and FOGO.
On the farming side, recent EDGE BP got reverse-farmed, market’s weak, no one wants to catch the bag.
If you’re still trying to play the old game, it’s not going to work. Need to adapt to every new cycle.
