In the crypto world, you need to find a way to earn 1 million in capital first. The only way to earn 1 million from tens of thousands is through rolling over.
Once you have 1 million in capital, you'll find that life seems to be different. Even if you don't use leverage, just a 20% increase in spot trading will give you 200,000, which is already the income ceiling for most people in a year.
Moreover, when you can grow tens of thousands into 1 million, you will grasp some strategies and logic for making big money. At this point, your mindset will calm down a lot, and from then on, it’s just about copying and pasting.
Don’t always talk about millions or even billions; start from your own actual situation. Bragging only makes the braggers feel good.
Trading requires the ability to recognize the size of opportunities. You can't always hold small positions, nor can you always hold large positions. Usually, just play with small positions, and when a big opportunity comes, then pull out your big guns.
For instance, rolling over is something you can only do when a big opportunity arises. You can’t keep rolling; missing out is fine because in your lifetime, you only need to roll successfully three or four times to go from 0 to tens of millions, and tens of millions is enough for an ordinary person to upgrade to the ranks of the wealthy.
A few points to note about rolling over:
1. Sufficient patience; the profits from rolling over are enormous. As long as you can roll successfully a few times, you can at least earn tens of millions or even hundreds of millions, so you shouldn't roll easily; you need to find high-certainty opportunities;
2. High-certainty opportunities refer to situations where there is a sharp drop followed by sideways fluctuations, then an upward breakout. At this time, the probability of following the trend is very high. Identify the point of trend reversal and get in from the start.