I started playing with 50,000 yuan last year, and now I have 1 million yuan, which is a hundred times profit easily.

In the cryptocurrency world, there is only one way to earn 1 million yuan from a few thousand yuan, and that is rolling positions.

Once you have a capital of 1 million, you will find that your whole life seems to be different. Even if you do not use leverage, if the spot price rises by 20%, you will have 200,000. 200,000 is already the annual income ceiling for most people.

And when you can make one million from tens of thousands of yuan, you will be able to grasp some ideas and logic of making big money. At this time, your mentality will be much calmer, and it will be just copy and paste from now on.

First of all, we need to know when rolling operations are suitable:

Long-term sideways volatility after new lows

Buying the bottom after a sharp rise in the bull market

Breakout of major weekly resistance/support levels

Generally speaking, only the above three situations have a greater chance of winning, and all other opportunities should be abandoned.

What is rolling position: In a trending market, after making a large profit by using leverage, the overall leverage is passively reduced. In order to achieve compound profit effect, the trend position is increased at the right time. This process of increasing positions is called rolling position.

The following is the operation method of rolling warehouse:

Adding positions with floating profits: After making floating profits, you can consider adding positions to buy. But before adding positions, you need to ensure that the cost of holding positions has been reduced to reduce the risk of losses. This does not mean blindly adding positions after making profits, but it should be done at the right time. Base position + T-rolling operation: Divide the funds into multiple parts, leaving a part of the base position unchanged, and the other part of the position for high-selling and low-buying operations. The specific proportion can be selected according to personal risk preferences and fund size. For example, you can choose to roll half of the position to do T, 30% of the base position to do T, or 70% of the base position to do T. This operation can reduce the cost of holding positions and increase profits.

A few points to note when rolling:

Be patient enough. The profit of rolling position is huge. As long as you can roll successfully a few times, you can earn at least tens of millions or hundreds of millions. So you can't roll easily. You have to look for opportunities with high certainty and a sure win. What is a sure win opportunity? It is when the price plummets, starts to fluctuate sideways, and then suddenly rushes upward. At this time, the trend is likely to reverse. You have to get on board quickly and don't miss the good opportunity.

It is best to only roll long, as rolling short is a high-risk strategy and market fluctuations may lead to huge losses.

Set appropriate stop loss and take profit points. When trading, there should be a reasonable stop loss point. Once it goes against the trend and expectations, stop loss in time. Similarly, don't think about being at the top of the mountain every time. The appropriate profit point can protect profits.

Reasonable fund management. When rolling short positions, do not invest all your funds in one transaction. Diversification can greatly reduce risk. (Note: Do not use leverage!!! This is very important)

The method has been given to you. Whether you can become famous in the cryptocurrency circle depends on yourself. If you find it useful, you can forward it to more cryptocurrency traders around you, follow me, and learn more about the cryptocurrency circle. #币安LaunchpoolSCR #Moonbix #EIGEN、OP、ENA大额解锁 #Sui上线原生USDC $BTC $ETH $BNB