In the cryptocurrency market, there's a tough guy who turned $10,000 into a Maybach in three months.
This is not some mythical story,
but achieved through a trick called "rolling positions."
Simply put, rolling positions means constantly increasing your stakes when the market is rising.
Like rolling a snowball, it gets bigger and bigger.
But remember, this trick can only be used in a one-way market;
if you encounter a volatile market, it will make you question your life choices in an instant.
Playing this requires strategy:
Don’t put all your assets on the line; using 10%-20% of your funds is enough,
it’s best to use the money you’ve earned, so you won’t feel heartbroken if you lose.
For your first bet, don’t exceed 10% of your total funds; for example, if you have $10,000,
start by testing the waters with $1,000.
Don’t be greedy with leverage; 2-3 times is enough.
Those who open 10x or 20x positions will eventually face losses.
Always set a stop-loss!
I recommend 2%-3%; for example, if you bought at $10,000, sell quickly if it drops to $9,800.
How to increase your position after making a profit? Look for these signals:
When the price rises by 5%-10% (adjust based on market strength),
and the trend continues to rise,
control the amount you add to 30%-50% of your profits,
for instance, if you made $2,000, add another $600-$1,000.
When should you stop? Get out when you see these warning signs:
Long upper shadows in candlesticks, sudden drop in trading volume, breaking important support levels.
A few survival tips:
Only go long, don’t short; it’s easier to make money in a bull market using the "incremental position model,"
so even if you face liquidation, it won’t affect other positions. Learn to identify trend reversal points;
this takes time to practice.
Remember, these are just beginner techniques; if you really want to master rolling positions,
you’ll need to work on more details.
After all, the market changes rapidly, and being careless can lead to disaster.