The Truth About Using the Snowball Strategy to Accumulate Wealth in the Crypto World
You might think this is the madness of a gambler, but this is the snowball formula I bought with three years of tuition.
True masters of position management understand: 95% of the time in trading should be like a hibernating crocodile, and only 5% of the time should you turn into a cheetah.
The confidence to make heavy bets that night came from my summarized Three-Color Candlestick Rule—when a series of 7 consecutive candlesticks with an amplitude <3% appear after a sharp decline, it’s a golden signal for trend reversal.
But the most crucial secret lies in position control: the initial position should never exceed 30%, and for every key resistance level broken, add 20% to the position; this is the core that makes profits surge.
Just like that wave of SOL in December last year, I used this strategy to multiply my principal by 27 times, but the process is far more intriguing than the result.
The most fatal mistake beginners often make is: treating rolling positions as an excuse for frequent trading.
The true rolling position strategy must adhere to three iron rules:
Number of trades per year ≤ 3
Stop-loss should always be set 5% below the entry cost
Profits reaching 100% must withdraw the principal
Recently, I’ve been watching a potential cryptocurrency that fits the "Monthly Three-Pin Bottom" pattern; its on-chain data shows signals similar to those before the launch of DOT in 2020. Want to know which asset it is? You can follow Yi An