Original author: 0 xFat

From July 12 to August 17, Bitcoin fluctuated slightly in the range of 31,000-29,000 US dollars. On August 17, it began to fall below the half-month support level, hitting a minimum of 24,300 US dollars. On the 18th, the panic and greed index was 37, and the level was changed from the previous level. The neutrality of the index turned to fear, and the panic value hit a new low since March 19.

Since June 2022, the innovation narrative of Web3 has dropped sharply. The L2 track with Ethereum as the core and the Bitcoin inscription craze have not become the flywheel that drives the growth of the entire market. Now they are the only get-rich-quick schemes that can attract incremental funds. Activities have also ushered in a cold wave. At the macro level, the Federal Reserve is still continuing to raise interest rates, which is not optimistic on the whole.

Alex Thorn, research director of crypto financial services company Galaxy Digital, also pointed out that this rapid decline cleared a large amount of leverage, and the Bitcoin market completed the most thorough reset since the collapse of FTX. In the absence of strong positive catalysis, the short-term price is still below Bank risk is the main factor, and 24,000 US dollars and 25,000 US dollars are regarded as key supports. If there is no rapid rebound in the short term, nearly 90% of short-term currency holders will be in the red, which will bring further downward pressure. However, both long-term holders and small holders continue to increase their holdings.

Although the leverage clearing is relatively complete this time and macro policies continue to tighten, compared with the previous bear market, the infrastructure of the crypto industry has been very complete, and some technological innovations are still continuing. Many practitioners believe that the U.S. debt RWA may drive new funds. ’s entry into the market, and the launch of Bitcoin ETF is already a clear positive, all you need to do is wait patiently. Coupled with the international payment giant Paypal’s entry into the stablecoin market and the successive implementation of Hong Kong’s new encryption regulations, the market prospects still have huge room for development.

Therefore, for the investor group, the most urgent thing at present is to reasonably control risks, scientifically improve the efficiency of capital utilization, and wait for opportunities to come.

1. For people with low risk preferences, hoarding coins is the first choice.

Xiaomei, who entered the circle in 2017, took a heavy position in the project she had been optimistic about in the first half of the year. I thought it was the bottom at the time, but now the position has shrunk by more than 40%. She said that it was really uncomfortable to be covered, but because she was optimistic about the founding team for a long time, she was really reluctant to cut off her flesh.

There are many investors like Xiaomei, especially the newcomers who were attracted by Meme coins such as Pepe in May. Most of them are hopeful investors. In their cognition, the concept of cutting meat does not exist at all. In this case, there are still It is better to choose a platform with high safety factor and use financial tools to earn coins by depositing coins and generating coins. OKXs simple coin earning, on-chain coin earning and coin hoarding are all more suitable.

Simple Earn Coins is a product that helps free digital asset holders earn coins with a low threshold. It is easy to get started and has different terms to choose from. Simple Earn Coins on Demand corresponds to Yubibao, which can be lent to leveraged transactions in the lending market. Users get income, and earn coins regularly and easily to obtain PoS income or project party rewards by locking the currency. It supports 24-hour subscription and redemption at any time. The current simple earning coin redemption will be credited immediately, and the regular simple earning coin redemption will be credited within 30 minutes.

https://www.okx.com/cn/earn/simple-earn

Earning coins on the chain mainly provides opportunities for currency holders to earn income on the chain, which mainly includes two ways to earn income: Proof-of-Stake (PoS) and Decentralized Finance Protocol (DeFi protocol). Investors can participate in PoS staking or DeFi projects at any time on Ouyi without paying network fees.

https://www.okx.com/cn/earn/onchain-earn

Tunbibao is an automated strategy that can intelligently and dynamically adjust positions in the currency combination selected by investors. It uses the exchange rate fluctuations between different currencies to earn and accumulate coins, lock in profits and increase the potential of the currency. Hold a position and get excess returns.

It should be noted that after the Tunbibao strategy is created, the invested funds will be isolated from the trading account and used independently in the strategy. Investors need to pay attention to the risks brought to the overall position in the trading account after the funds are transferred out. In addition, If during the operation of the Tunbibao strategy, the currency encounters unpredictable abnormal situations such as suspension and delisting, the Tunbibao strategy will automatically stop.

https://www.okx.com/cn/trading-bot

2. For professional traders, it is recommended to use tools to obtain compound interest

In the traditional financial secondary market, the most commonly used arbitrage tool by traders is the grid trading robot. Its working principle is to automatically execute trading strategies. Investors programmatically and intelligently realize buying low and selling high within the expected price range. A trading tool for arbitrage. In the past, it was mainly used by market maker teams with large capital. These market makers realized arbitrage through high-frequency trading of grid trading.

Compared with the traditional financial market, grid trading in the cryptocurrency market has some innovations in its mechanism. Taking OKX, the platform with the most complete grid products, as an example, its grid strategies include spot grid, infinite grid, contract grid, The grid of heaven and earth.

Under the current market conditions, there are many people using the spot grid. The trading logic is that investors give an upper and lower boundary range and decide to divide it into N segments. If it rises by one segment, they will sell part of it, and if it falls by one segment, they will buy it. Invest a part of it, suitable for volatile market conditions, automatically buy low and sell high to achieve compound interest. The advantage of the spot grid is that it is easier to hold the coins and not miss the market completely. You can earn both grid profits and floating price differences. Investors can also withdraw profits at any time and use them for other transactions. More importantly, they can Through the robot, you can continue to buy low and sell high without having to watch the market all the time, which saves a lot of energy.

Of course, its disadvantage is that if the fluctuation range of the market is too small, it will not be able to trade, and if the unilateral market continues, it will cause assets to be idle. It should be noted that under the current market conditions, the capital efficiency of ordinary spot grids is low, but the OKX spot grid supports the mobile grid function, which can move the grid according to the market within a reasonable range, effectively improving the capital utilization rate.

The picture shows the spot grid that the author is experiencing. Under slightly volatile market conditions, with a principal of 20,000 U, the 9-day arbitrage income is around 250 U. Although the rate of return is not high, the capital utilization rate of idle assets can be improved. Generally speaking, the experience is better, but you need to pay attention to the setting of the price range.

3. The bargain-hunting army is configured like this

In addition to compound interest, many investors with capital are waiting for the opportunity to buy at the bottom, but everyones common anxiety is that they are afraid of buying halfway up the mountain, but also afraid of not being able to buy.

The lessons of history tell us that we must not expect to reach the lowest point. It may be a more rational choice to gradually build positions and choose appropriate strategic tools, such as OKX’s bargain hunting treasure, spot fixed investment strategy, spot Martingale strategy, etc. They are all good dip-buying products. Of course, if you hold spot stocks, you can also choose to hedge risks through currency-based contracts.

Let me talk about the martingale strategy first. This strategy is more commonly used in the foreign exchange market in traditional finance. The basic principle is that in a bilateral market where you can buy up and buy down, you only bet on one side in general. . Until the market pulls back, you can earn profits from buying at low prices and selling at high prices. OKX’s spot martingale strategy combines the basic ideas of the traditional version with the characteristics of the encrypted market to make a series of optimizations to balance the average cost of investors’ bottom-buying.

Under the current market conditions, investors can choose to buy a spot DCA every time the market falls by 1-5%, and reduce the total cost of holding positions by using the remaining funds to increase positions in batches. When the price rebounds, they can take profit and leave the market , compared with simply holding digital currencies, the spot Martingale strategy is more flexible, capturing profits from slight rebounds and continuing to realize floating profits.

Let’s talk about bargain hunting, which is a structured product derived based on the OKX options trading function. Investors want to buy a certain amount of assets at a price lower than the market price, but are worried about buying a certain amount of assets at this lower price. It is very applicable when the price pending order cannot be executed. Use the bargain hunting order. Even if the strategy does not fall to the pending order price when the strategy expires, the system still guarantees that you can buy a certain proportion of assets at a pending order price lower than the market price.

The operation path on the web side is as follows:

The last is fixed spot investment, which is a strategy of investing a fixed amount of money to buy selected currency combinations in a fixed time period. When the market fluctuates violently, using an appropriate fixed investment strategy, the same investment amount can be used at a low price. Click to purchase more chips to help investors obtain more substantial returns. This strategy is suitable for everyone, especially long-term investors, and supports one-click fixed investment, redemption at any time, and free combination of currencies.

The path to create a fixed investment strategy is to click [Trading] - [Strategy Trading] on the OKX homepage, select [Average Cost] - [Fixed Investment Strategy] under [Create Strategy], and then enter the strategy creation interface to set the currency, fixed investment cycle, etc. Click [Create Policy].

Spot Martingale strategy and spot fixed investment strategy both belong to the average cost sector. Cost averaging is a strategy that reduces the overall cost of holding a position through periodic buying. Continue to buy at low prices in batches when the price drops, and sell at a profit when the price rebounds, creating a continuous cycle of arbitrage.

4. For large-capacity financial management, choose a reliable platform

Whether it is the traditional market or the cryptocurrency market, wealth management products have always been the first choice to increase the utilization rate of funds, especially for large capital holders. However, with the low liquidity on the chain and frequent theft incidents, DeFi wealth management products are not very Favored by the market, large funds still choose the CeFi platform to invest assets. However, since Fcoin, FTX, and Anyin have been hit by thunder, large funds have higher and higher requirements for the transparency and security of funds on financial management platforms.

At present, whether it is brand reputation, risk control system, high capital transparency, or product experience, OKX has passed the test of the market in the past few years. They are still regularly disclosing POR reserve data every month. To a certain extent It can be said that it is the first choice for large funds.

Of course, what is more worthy of recognition is that they are the rare CeFi platform on the market with a systematic financial product matrix. Double Currency Win, a fixed-income wealth management product that fluctuates and stabilizes the market, and Snowball, a customized strategy product favored by medium-sized fund investors with professional trading background.

These three products can basically meet the financial management needs of different types of investors under different market conditions. But at present, the first two are widely used. Due to the particularity of the recent market, the number of users of Dual Currency Win seems to have increased. The picture shows the earnings of Dual Currency Win posted by investors, which are for reference only.

5. To professional traders

When you see this, you will find that the article introduces OKX products.

Yes! Thats right. In the past two years, OKX has been the most impressive performer in the crypto market, regardless of product experience or risk control capabilities. In addition to the Web3 team that has been at the forefront of the market, OKXs CeFi innovation is also as strong as ever. In addition to the above products, the CeFi team also launched a signal strategy for professional traders last week.

To put it simply, the signal strategy function of OKX allows traders to completely freely customize their trading signals on the TradingView platform to meet specific needs, truly realize the liberalization of trading experience, greatly improve trading efficiency and accuracy while reducing irrational operations risk.

The picture shows the custom signal entrance

The core concept of the OKX signal strategy is to predict future price movements based on the markets historical data and patterns. Traders can make trades by observing and analyzing market signals to find possible buying or selling opportunities.

Its advantages can be explained by three keywords. One is signal-driven. OKX has aggregated top signal suppliers composed of the worlds smartest and most professional investors and institutions to provide traders with the highest quality trading signal services and reduce Traders learn the cost while improving their trading accuracy, so as to reduce trading mistakes caused by emotional problems; the second is automatic trading, signal strategy can help traders automatically execute transactions immediately after confirming a good signal, compared with manual trading The timeliness of OKX is stronger and the efficiency is higher, and it can help traders to avoid getting lost as much as possible; the third is low latency. Compared with the delay of seconds on other platforms, OKXs signal strategy is committed to providing millisecond-level delays to help traders timely Seize market opportunities. In general, the signal strategy is to provide professional traders with a more rational and intelligent operating system, and the essence is to help them improve their capital efficiency.

At present, the signal strategy connects professional traders, nodes, and ordinary users at the same time. Ordinary users can use the OKX signal strategy to allow professionals/institutions to help make money, only need to pay subscription fees or commissions; signal suppliers can apply to become OKX signal suppliers, provide professional trading signals, and achieve professional knowledge and awareness Realization; for nodes, they can cooperate with signal suppliers in the future to obtain profit sharing, and the three form a closed transaction loop. According to official sources, in the future OKX will also launch a signal square for ordinary users, integrating and displaying the transaction signals that signal suppliers have completed. Ordinary users can subscribe to use these signals through the signal square, and create their own signal strategies based on this.

Looking back, every OKX product has a down-to-earth and rigorous attitude. Insiders said that this attitude stems from two forces in the CeFi team, one is the rationality and restraint of members with many years of traditional financial experience, and the other is the acumen and pragmatism of the Internet god who is good at user operations. Pretty good, the platform pursues rigor, and users pay attention to science. The irrational market of cryptocurrency is finally going to be orderly.

Risk warning: This article is for reference only, and does not contain any investment advice. The market is risky, and investment needs to be cautious.