Thinly slice the red onion using a sharp knife or mandolin.
In a mixing bowl or jar, add sliced onions. combine vinegar, sugar, and salt.
Add the vinegar, sugar, salt and cold water. Stir or shake to distribute evenly.
Let sit at room temperature for at least 10 minutes (longer = more flavor).
Store in the fridge for up to 7 days in an airtight container.