A sardine in DeFi, navigating with discipline, and dreaming of red lanterns and baozi.
🏮 My Goal: Celebrate My Birthday in China during Lunar New Year 2030
Ever since I started exploring the world of decentralized finance (DeFi), I’ve dreamed of something big:
Traveling to China for the Lunar New Year in 2030.
Not just for tourism — I want to celebrate my birthday under red lanterns, taste real baozi, and thank the universe for leading me from zero financial education to financial freedom.
But here’s the twist:
No savings.
No lotteries.
No debt.
Just Bitcoin and a clever strategy with options:
🧩 The Wheel Strategy with Bitcoin: Monthly Passive Income with Purpose
The Wheel Strategy is a simple options technique where I:
- Buy BTC (or already hold it)
- Sell covered call options (OTM) to earn weekly income
- When I want to buy more BTC, I sell cash-secured puts, ideally in-the-money, to receive juicy premiums and eventually accumulate BTC at discount
💸 My Setup: Small Capital, High Discipline
- ✅ I started with $100 in BTC, selling OTM covered calls targeting 0.5% per week
- ✅ Every month, I add $75 to sell cash-secured puts, aiming for 2.5% to 4% monthly yield
- ✅ If assigned, I get more BTC (my goal)
- ✅ If not, I earn premium (my dream)
- All reinvested. Compounding. Nonstop.
📊 Projection: $75/month + Premiums until January 2030
Here’s what my journey might look like:
| Period | Capital Contributed | Est. Premiums | Total Value |
|---|---|---|---|
| 06/2025 | $100 | – | $100 |
| 12/2025 | $550 | $57 | $607 |
| 06/2026 | $1,000 | $172 | $1,172 |
| 12/2026 | $1,450 | $303 | $1,753 |
| 06/2027 | $1,900 | $448 | $2,348 |
| 12/2027 | $2,350 | $607 | $2,957 |
| 06/2028 | $2,800 | $779 | $3,579 |
| 12/2028 | $3,250 | $966 | $4,216 |
| 06/2029 | $3,700 | $1,166 | $4,866 |
| 12/2029 | $4,150 | $1,379 | $5,529 |
| 01/2030 | $4,225 | $1,530 | $5,755 |
If Bitcoin drops during the 2027 bear market (assumed BTC price $70k), I’ll buy more at a discount — and keep selling options.
What Are Options? And Why I Started with the Wheel Strategy
Options are financial contracts that give you the right, but not the obligation, to buy or sell an asset at a specific price and date in the future. In crypto, these assets are usually Bitcoin or Ethereum.
There are two main types:
- Call Options: Right to buy
- Put Options: Right to sell
But what I’m doing is the opposite:
I’m selling options to collect premiums.
⚙️ The Wheel Strategy, Simplified:
- Step 1: Sell Cash-Secured Puts (to Buy BTC)
- I offer to buy BTC at a set price.
- If BTC drops, I buy it at a discount.
- If it doesn’t, I keep the premium.
- My goal here is to accumulate Bitcoin cheaper.
- Step 2: Sell Covered Calls (on the BTC I hold)
- Once I have BTC, I sell a call option (OTM — above market price).
- If BTC rises above that strike, I may sell it.
- If it stays below, I keep both BTC and the premium.
- My goal here is to generate weekly income.
This is called the Wheel because you repeat the cycle:
Sell Put → Get BTC → Sell Call → Repeat.
It’s slow. It’s disciplined.
But it works — especially when you’re playing the long game like I am.
💰 Why This Brazilian Engineer Now Thinks in Dollars
For years, I planned everything in reais.
I worked hard, earned a good salary as an engineer in Brazil, but the money just… evaporated.
Inflation. Currency devaluation. Political instability.
Even with a technical degree, I never learned about money — not in school, not in college.
Only when I started studying Bitcoin did I understand:
If you want global freedom, you must think in dollars — or better yet, Bitcoin.
So I made a shift.
Now, every plan I make is in USD — not because I live in the U.S., but because I want to access the global economy.
My trip to China? Priced in USD.
My portfolio tracking? Priced in USD.
My dreams? Now calculated in global terms.
🧭 Why I Chose Coincall for My Options Strategy
After testing several platforms, I picked Coincall because:
- It offers crypto-native options (settled in BTC/ETH)
- Fees are low and transparent
- It supports weekly options, perfect for Wheel strategies
- Their UI is simple — even for beginners
- I can track my positions, premiums, and profits in real time
As a Brazilian, I appreciate platforms that don’t force fiat conversions or excessive KYC steps just to start small.
With Coincall, I can launch a $50 Put and see my strategy in motion — from anywhere in the world.
This isn’t just a platform. For me, it’s an entry point into the sophisticated side of crypto.
It’s where a small sardine like me gets to swim with the whales — slowly, carefully, and with purpose.
🧠
🏁 Final Thoughts
I’m not rich. I’m not an expert. But I’m consistent.
Each satoshi I earn is a step closer to my dream:
A solo trip to China to honor my birthday, DeFi, and freedom.
If you’re new to crypto or want to see how far discipline and small capital can go, follow my journey here and on [Twitter/Mirror].
And remember:
Your dreams are valid — even if you start with $100 and a vision.
📌 What Are Bitcoin Options?
Options are financial contracts that give you the right, but not the obligation, to buy (call) or sell (put) Bitcoin at a predetermined price within a certain timeframe.
In my case, I sell options to generate passive income—kind of like renting out my Bitcoin or stablecoins and collecting premiums for it.
🧠 What Is the Wheel Strategy I’m Using?
I’m using a strategy called the Wheel, which has three main steps:
- Sell cash-secured puts
I sell puts backed by stablecoins (like USDC or USDT). If BTC drops to my strike price, I buy it cheaper than market price.
If BTC doesn’t drop, I keep the premium and repeat. - Get assigned and sell covered calls
If the put is exercised, I receive BTC. Then I start selling call options on that BTC and earn more premium. - Repeat the wheel
If the call is exercised, I sell the BTC at a profit and start again with puts. If not, I keep collecting income. The wheel keeps turning.
💰 Why This Strategy?
- Steady income: I get paid just for placing limit orders.
- Low stress: No constant trading or emotional rollercoaster.
- Perfect for sideways markets.
- Adaptable: Works with small or large capital.
- Fits my DeFi lifestyle: Passive, disciplined, and predictable.
🌐 Why Did I Choose Coincall?
After testing several options platforms, I picked Coincall because:
- Simple, intuitive UI for a beginner options user like me.
- High liquidity on BTC and ETH options, with low fees.
- Responsive mobile app and clean layout for small-scale operators.
🇧🇷 Why Do I Plan Everything in USD as a Brazilian?
I grew up planning my life in Brazilian reais. But that meant being stuck in a weak and volatile economy. Once I discovered Bitcoin and DeFi, I realized:
If I want to access the world, I need to think in dollars.
Now, every projection, every investment, even my dreams—are priced in USD. It’s not about patriotism. It’s about financial sovereignty.
🎯 What’s My Goal?
To celebrate my birthday in China during Lunar New Year 2030, fully funded by my Bitcoin earnings—passive income from DeFi and options.
📊 Results So Far?
- Started my DCA Bitcoin challenge.
- 0.020278 BTC accumulated so far.
- Average buy price: $90,127.23 (not ideal, but it’s early).
- Daily average investment: $12.80
- Monthly average: $371
- Wheel premiums being reinvested to accelerate growth.
⚠️ What Are the Risks?
Every investment involves risk. Here’s what I watch out for:
- Unexpected assignment of options (especially puts).
- Sudden market moves that breach strike prices.
- Impermanent loss when using LPs or volatile pairs.
- Low liquidity for less common strikes.
As an engineer, I apply strict risk management:
- I use spreadsheets, alerts, and spreadsheets again.
- I only sell cash-secured puts and covered calls.
- I never overleverage.
💡 Advice for Beginners
- Learn the basics of options: calls, puts, strike, expiration.
- Start with simulations or small amounts.
- Use platforms that are user-friendly like Coincall.
- Don’t panic during market swings—trust your plan.
- Think in cycles, not in wins. Stack sats over time.
🐟 A Sardine Who Dared to Swim in the DeFi Ocean
I didn’t grow up rich. I had zero financial education. But I’ve learned that discipline and time matter more than luck.
Today, I’m a sardine navigating the DeFi waters—slow, steady, and relentless.
I dream of red lanterns, baozi, and the moment I step into China with BTC-funded freedom.
👉 Want to follow the journey?
Check out more chapters of this story on my blog:
📍Dama DeFi | 🚀 @damadefi | 📬 [Insert CTA button here]
