The specific implementation of the crypto world Martin strategy

In traditional financial markets, the Martingale strategy is already risky enough. In the crypto world, the risks of this strategy are amplified several times. Why? Because the volatility in the crypto world is just too high.

I've seen someone lose 50% of their coin price in one night. According to the Martingale strategy, the amount of funds you need to prepare is astronomical. A friend of mine told me he prepared 100,000 U to play Martingale, but he encountered the 519 crash and lost it all in three days. It was gone in just one aggressive day.

Analysis of Capital Requirements for the Martingale Strategy
Let's do the math. Suppose you use the Martingale strategy, with an initial investment of 1000U, doubling each time:

First time: 1000U

Second time: 2000U (total 3000U)

3rd time: 4000U (cumulative 7000U)

The 4th time: 8000U (total 15000U)

5th time: 16000U (total 31000U)

Did you see that? Just five times of leveraging, you need to prepare over 30,000 U. Moreover, this is only in the case of a simple drop in coin price; if there is a waterfall-like decline, it would really lead to instant liquidation.

I have a friend who prepared 50,000 U to play Martin and thought he had sufficient funds. As a result, he encountered a certain altcoin that continuously dropped by 80%, and his funds simply couldn't withstand it. In the end, he had to cut his losses and exit, losing more than 40,000.

I often analyze the data of various traders in the trading area and find that many use the Martingale strategy, which is actually easy to distinguish. You just need to be cautious of those whose win rate exceeds 95% and those who add to their losses. The Martingale strategy wins 99 times and then loses once, resulting in a total loss. If you must participate, I suggest you withdraw your profits every time you make a profit and be prepared for the possibility of losing everything.