Every day is a rollover, it's a rollover thing. Some people don’t even know what a rollover is or how to operate it?
Today, Brother Tiger will explain the rollover in detail to everyone!
Rollover, to put it simply, is the risky operation of 'losing money and not accepting it, stubbornly adding more money to hold on':
1. You borrow money to buy coins: using 10x leverage (for example, putting in 1000 yuan of your own money and borrowing 9000 yuan) to buy Bitcoin, for a total position of 10,000 yuan.
2. The coin price plummets: it drops by 5%, you directly lose 500 yuan, and your principal is left with only 500 yuan (you are about to be forcibly liquidated).
3. You get anxious: not wanting to accept the loss, you add another 2000 yuan to supplement the margin, thinking 'if it drops again, I will add more money, it will definitely come back up'.
4. The result is even worse: the coin price continues to fall, you keep adding money, and in the end, either you run out of funds and get liquidated to zero, or you are lucky and it rebounds just enough to break even (but the probability is extremely low).
Why shouldn't you play rollover?
It’s like being addicted to gambling: the more you lose, the more you want to turn it around, and in the end, you might lose several months' salary.
The volatility in the crypto world is high: just one piece of news can instantly halve the coin price, and you simply can’t withstand it.
Blood and tears: 99% of people who roll over end up with 'the principal lost, and still owe money to the exchange' (liquidation warning ⚠️).
Conclusion: If you’ve lost, quickly cut your losses, don’t try to 'go all in for a comeback' like in TV dramas; in reality, you will only be cut even worse! 🌚
Want to double your account, want to enjoy big profits, want to successfully break even
Stay close to Brother Tiger, and position yourself in advance for the main bullish wave of the market!