Can ordinary people replicate making a five-figure reward on Bitget Contract V5 in 10 days?

Author: White Runner

If your account loses 90% in a single day, would you dare to place another bet immediately?

Judy Lee dares.

On the afternoon of May 19, 2021, Judy experienced such a life-and-death moment; recently, she had brought herself to Bitget Contract VIP5 in just 10 days.

She is not a gambler and does not believe in high-profit models. On the contrary, she repeatedly emphasizes position management, risk control, and how to make "trading" more stable under platform rules.

This is the true experience of trader Judy, who survived the black swan and learned how to stay at the table for the long term. Her story may not be easily replicated, but her methodology is worth serious dissection by every ordinary trader.

From Entering the Crypto World to Stepping into the Contract Market

Judy's cryptocurrency journey began in 2018. At that time, she did not have a deep understanding of the cryptocurrency market like many of her peers; instead, she gradually got involved in the industry through suggestions from friends around her. Friends from Hangzhou and Shenzhen recommended the crypto space to her, telling her that cryptocurrency might be the next big opportunity. With a capital of several hundred thousand, she began her crypto investment journey. Initially, she simply purchased $6,000 worth of Bitcoin (BTC) and $100 worth of Ethereum (ETH) and started exploring the market.

In less than two years, she gained her first pot of gold through sharp market insights and continuously learning trading skills. At first, she only participated in spot trading, and through careful observation and analysis of market fluctuations, she gradually mastered more trading strategies and skillfully seized market opportunities to profit.

What truly transformed her into a contract trader was the market volatility at the end of the bear market and the beginning of the bull market in 2020. At that time, she began to engage in contract trading and deeply experienced the high returns (and, of course, high risks) of contract trading. Through contract trading, she could profit during both market rises and falls, which further enhanced her trading skills. After five years of trading experience, she continuously optimized her trading strategies.

Personality Determines Style, Constantly Adjusting in Trading

Every trader's style is deeply influenced by their personality, and Judy's style leans towards being aggressive. She admits that her impatient personality often leads to impulsive behavior in trading, causing her to suffer losses in the market. After experiencing several failures, she realized that relying solely on passion and intuition could not yield long-term profits in the market. Therefore, she began to actively adjust her trading strategies, learning to calmly analyze the market and respond rationally to every fluctuation.

"The market is always right; the one who is wrong is yourself." She said traders must learn to overcome their weaknesses, especially when facing market fluctuations, and avoid emotional decision-making. She realized that relying on impulse alone could not achieve long-term trading success, so she made many efforts in adjusting her mindset. To improve her trading mentality, she delved into trading psychology and technical analysis, recommending two books: "Japanese Candlestick Charting Techniques" and "The Turtle Trading Rules." These two books not only helped her grasp the basics of candlestick patterns and trading strategies but also allowed her to deeply understand how to manage emotions, especially a quote from "The Turtle Trading Rules": "Trading is about learning to control your inner demons," which became an important guiding principle in her trading career.

Her trading time is usually short because she believes market opportunities do not always exist but need to be seized at specific moments. For example, she trades around the Federal Reserve's interest rate cuts, significant technical upgrades, or major market events, as these moments are usually accompanied by significant market volatility, leading to higher profits. Although the process of waiting for these opportunities can be tedious, when the opportunity arises, she can make quick decisions to achieve considerable returns.

Thrilling Trading Experiences, Learning Risk Control

During her trading journey, she experienced a key event that she still remembers vividly. On May 19, 2021, Judy's account underwent a significant fluctuation, and she still feels uneasy recalling it.

That day, she thought it would be just another ordinary afternoon. At that time, she had opened a long position with over 3 million RMB in her account, unaware of the impending black swan event: all major cryptocurrencies plummeted by 50%-70% in a short time.

After finishing lunch and preparing to rest, she set an alarm for three o'clock to check the market dynamics at any time. When the alarm rang, she immediately woke up, opened her account, and found that the market had begun to decline, with her account instantly shrinking to 2 million RMB, a net loss of over 1 million, and she felt a wave of dizziness.

She hurriedly added to her position, hoping to recover the losses with a market rebound. However, things did not go as she wished.

An hour later, the market fell sharply again, and her account balance dwindled to only 300,000 RMB. At that moment, Judy thought, "If it drops further, I will lose everything." So, she decisively made the decision to cut losses and avoid further damage.

Just after she closed her position, the market continued to decline, even experiencing a massive drop. Although she suffered heavy losses in the short term, Judy, relying on her accumulated trading experience, judged that the market was about to hit bottom.

"From my trading experience, this kind of continuous decline, especially with huge volumes, is often an opportunity to pick up cheap chips."

She boldly used the remaining 300,000 RMB with 30x leverage to accurately bottom fish Ethereum contracts. With the market's violent rebound, her account balance quickly rose back to 2.7 million RMB, and she ultimately closed her position, nearly recovering all her losses.

This experience made her deeply realize that overly concentrating funds in contract trading poses significant risks. Since then, she has never dared to invest all her funds in a single trade, instead maintaining a position of 20%-30% to cope with the risks brought by market fluctuations.

Achieving Bitget Contract VIP5 in 10 Days

When discussing her trading journey on the Bitget platform, Judy first shared her remarkable achievement of successfully advancing from an ordinary user to VIP5 in just 10 days.

From November 20 to December 1, she focused on Ethereum (ETH) contract trading, engaging in high-frequency trading within its oscillation range of $2,950 to $3,050. She made long and short trades daily based on market fluctuations, repeatedly earning profits within this range. Through her keen grasp of market fluctuations, she gradually accumulated considerable profits.

In the last few days of November, Judy decided to seize the opportunity of a significant market drop on Ethereum's contract expiration. She accurately predicted a 6% drop in Ethereum, making five times the profit of the previous week on a single trade. This was a pivotal breakthrough in her trading career, greatly boosting her confidence in contract trading skills.

During her trading on the Bitget platform, Judy not only relied on market fluctuations to earn profits but also actively participated in the platform's reward activities. Initially, she did not realize her VIP level had increased until she discovered she had risen to VIP3 and received several hundred dollars in cash vouchers from the platform, which made her truly aware of the potential of Bitget's reward mechanism. Subsequently, she delved into the platform's benefits center and found that participating in various reward activities through trading volume could yield rich returns such as USDT and contract experience bonuses.

She particularly mentioned two activities that impressed her: one was the trading volume lottery, and the other was the trading for gold activity. In the trading volume lottery, Judy successfully obtained contract experience worth five figures through nearly $100 million in trading volume.

In the trading for gold activity, she even received over 30 grams of gold as a prize. Through these activities, she not only enhanced her trading profits but also fully utilized the incentive mechanisms provided by the platform, achieving greater returns in a short time.

Why Choose Bitget?

Actually, Bitget was not Judy's first choice of platform, as there were often attacks on Bitget, and she did not have high expectations. Once, when she was looking for a meme coin contract and faced restrictions on the amount she could open on other platforms, she discovered that Bitget also had that trading pair and decided to try depositing some funds.

After researching, she found that Bitget actually had many advantages, such as covering almost 80% of meme coins in its contract offerings, allowing her to meet all trading needs on one platform. Its comprehensive fee rate is relatively low among mainstream platforms, reducing trading costs.

Additionally, Judy was particularly satisfied with Bitget's low slippage. She had previously encountered significant slippage issues on other platforms, which often affected stop-loss and take-profit execution, hindering her trading strategies. Bitget's extremely low slippage ensures more precise trade execution, greatly improving trading efficiency and success rates.

Moreover, Bitget's VIP reward system left a very good impression on her. After upgrading, a customer manager contacted Judy, offering to send her a gift box and providing exclusive 1V1 services, answering various questions about trading and offering more convenient support. It also gave her the opportunity to participate in more offline activities and platform benefits.

Bitget's reward mechanism "allows users to participate in activities similar to prize giveaways during boring trading," providing an additional value experience alongside trading and further enhancing profits.

Replicable Underlying Logic

For ordinary traders with smaller capital, replicating Judy's success story may not be easy. After all, each trader's style and strategy differ, and successful trading methods cannot be completely replicated. However, Judy believes that the reward mechanism of the Bitget platform is highly replicable. As long as traders can continuously accumulate trading volume and actively participate in platform activities, anyone has the opportunity to gain rewards and even achieve their breakthroughs.

She suggests that novice users focus more on the platform's reward activities. For example, participating in trading volume lotteries, gold rewards, and other activities can not only bring additional income but also make the trading process more interesting and motivating. Through these activities, ordinary users can find their advantages and breakthrough points on the platform, thereby improving trading efficiency and profits. The key lies in how to reasonably utilize these opportunities rather than merely relying on market fluctuations for gains.

"Success in trading is not just about making money, but also about how to control risks and diversify investments."

Judy's advice to novice traders is very clear: learn position management, avoid excessive concentration of investments, and ensure that you always have capital left for recovery. Successful trading relies not only on market fluctuations but also on the ability to analyze rationally, adjust mindset, and seize every opportunity.

She emphasizes, "Read more books, learn from the trading techniques of masters, and distill strategies that suit you." At the same time, she reminds novices to take advantage of the experience and cash vouchers provided by the Bitget platform, as these tools can help reduce trading risks and allow newcomers to accumulate experience in practice, gradually finding their trading path.

Judy believes that the best traders are not merely market winners but those who can remain calm amidst risks, continuously learn, and gradually advance.