The $TRB short could be the most profitable trade of 2023. Let me explain…
1 - Random Altcoin $TRB gets pumped by shady VC
2 - Shorts pay 2.0% funding every 8 hours
3 - High funding causes 1948% APR on binance to stake your $TRB coins
4 -People stake their coins for high APY so there is little selling pressure
5 - DUMP - Once enough coins are locked in staking and volume for the pump starts declining, the original VC starts opening shorts
6 - The price starts leveling off with the huge shorts opening
7 - The original VC that bought sells coins into huge liquidity from all the stakers making 400% profit on a large amount of money
8 - Price drops 75% in a few hours and original VC now takes profit on short raking in millions of dollars
9 - Repeat on next low market cap altcoin.
So how can you make money from this?
Well its not without its risks..
Every 8 hours you lose 2% of your trade value
I am short $TRB
Trade sizing is important, it will crash eventually its just a question of how long this pump will continue
If you do not use leverage or use very low leverage then you will probably avoid liquidation and thus inevitably profit
All you need to do to profit from this is not get liquidated and you are virtually guaranteed to profit
