In the cryptocurrency space, you have been continuously losing money and want to make quick adjustments. You need to find a way to first earn 1 million in capital. The only way to earn 1 million from tens of thousands is through rolling positions. When you have 1 million in capital, you will find that your entire life seems to be different. Even if you do not use leverage, if you have spot trading that rises by 20%, you will have 200,000. 200,000 is already the income ceiling for most people in a year.
Moreover, when you can grow from tens of thousands to 1 million, you will grasp some ideas and logic for making big money. At this point, your mindset will also become much calmer, and from then on, it will just be copy and paste.
Don't always aim for tens of millions or even hundreds of millions; start from your actual situation. Bragging only makes the braggers feel good. Trading must have the ability to identify the size of opportunities; you cannot always trade lightly, nor can you always trade heavily. Usually, play with small amounts, and when a big opportunity arises, bring out the big guns.
For example, rolling positions can only be executed when a big opportunity arises. You cannot keep rolling; missing out is okay because in your lifetime, you only need to roll successfully three or four times to go from 0 to tens of millions. Tens of millions is enough for an ordinary person to level up to the ranks of the wealthy.
A few points to note about rolling positions:
1. Sufficient patience; the profits from rolling positions are enormous. As long as you can roll successfully a few times, you can earn at least tens of millions to billions. Therefore, you should not roll easily; find high-certainty opportunities.
2. High-certainty opportunities refer to situations where there is a sharp drop followed by sideways consolidation, then a breakout upwards. At this point, the probability of following the trend is very high, so find the point of trend reversal and get on board from the very start.
3. Only roll long positions.
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