Don't think about a goal of 10 million first; the first step in the crypto world is to touch 1 million - with this amount, even if you only take 20% profit on spot, it is equivalent to what an ordinary person earns in a whole year. I initially went from 50,000 to 1 million, not by earning a little 'mosquito meat' every day, but by splitting compound interest into several 'violent hits' with the rolling method: usually practice with small positions, and when the signal comes, bring out the 'Italian cannon', and only roll long, not short.
What does the signal look like?
First, after a sharp decline, a long-term sideways movement, and suddenly breaking upward with a significant volume, the trend reversal is considered stable;
Second, the daily line stands above the key moving averages, with both volume and price rising, and market sentiment clearly warming up;
Third, while retail investors are still cursing during the silence of hot searches, the main force has quietly built positions.
How specifically to operate?
Taking 50,000 as an example: First, this 50,000 must be the profit from the early stage, stop loss to recover before talking about rolling; using the incremental position model, the total position is at most 10%, leverage does not exceed 10 times, calculated actual leverage is 1 time, stop loss is set at 2% for safety; after the breakout, wait for the price to rise 10% before taking 10% of the new profit to open a position, and always maintain a 2% stop loss; throughout the process, never go all in, never add positions, never hold onto losing trades. When it reaches the stop-loss point, just shut down and preserve your resources for the next opportunity.
A wave of 50% main upward trend, compounded could reach 200,000, catching two rounds is enough for 1 million. In fact, as long as you roll 3 or 4 times in your lifetime, from 50,000 to 1 million and then to 10 million, you can retire.
Finally, remember the risk control mantra:
Do not roll during fluctuations, do not roll during downtrends, do not roll with news coins; if the principal is lost, only the margin for each position is lost, other funds are automatically locked, and even if the account is liquidated, the total account cannot be cut; during the rolling period, withdraw 30% of profits to buy a house or car for safety, don't let human greed backfire.
In the end, rolling positions is not about gambling with your life, it’s about waiting for opportunities. If you can wait, then roll; if you can’t wait, then lie down. It’s better to miss out than to operate recklessly. Once you roll into your first 1 million, you will naturally understand positions, emotions, and cycles; the subsequent path is just a matter of copying and pasting.