2026-01-15 14:27:08

Participating with 6 BNB in a new coin's IDO, I didn't expect the returns to be quite good. Based on the price difference from 171 to 134, I directly earned a 37x return.

However, I do feel a bit regretful. The pre-market contract price was only 0.058, and I didn't hedge at that time. Looking back now, I realize I could have locked in some profits on the contract side, so I wouldn't have to rely solely on the spot price increase.

This experience has helped me understand why some veterans emphasize the importance of risk hedging. The gains from IDO are indeed attractive, but managing risk with contract tools might be the correct way to play. This time, I’ll just consider it as paying tuition fees.

BNB-1,62%

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MidnightTrader

· 7h ago

37x? That's crazy, the luck is just too incredible. But not hedging on the contract side indeed results in losses. Learn from this next time.

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SmartContractWorker

· 7h ago

37x?? Damn, bro, your luck is incredible. I participated in three IDOs and didn't make this much. But to be honest, your hedging strategy is really clever. If I had known earlier, I should have done a reverse hedge on the futures side... that way, you could really profit from both ends.

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MetaverseVagrant