One hundred US dollars, how to roll over contracts 🌟🌟 Before starting, first understand the basics of contracts
🧐 $100 with 3x leverage + going long requires a drop of more than 30% to be liquidated
Generally, when an entry signal appears, such as the 'Dragonfly Doji W' or 'Bottom Divergence W', there are rarely cryptocurrencies that continue to drop more than 30%, but that does not mean they won't drop 20%, 10%, or 5%. However, all of this is within the expected volatility. Therefore, for popular altcoins, rolling over the base position, one can go long with $100 at 3x leverage
📢📢 For these popular altcoins, after being listed on exchanges, many can rise 1-2-3 times after a brief consolidation. Do not underestimate the charm of $100 with 3x leverage; even if you go long with $100 at 3x leverage without taking any rollover actions, you can still earn over $1,000. If the process maintains a 3x rollover operation, it can reach $1,000-2,000. Conversely, if an epic crash occurs and there is a drop of more than 30%, your maximum risk is only $100.
‼️ Moreover, you can operate flexibly during this process
For example, gradually transferring out profits while in a floating profit situation until the principal is fully transferred out, leaving only pure profit to gamble on the rollover, which will relieve you of any psychological pressure. Therefore, the entire rollover process is as follows:
1️⃣ Recently popular altcoins
2️⃣ Identify entry signals
3️⃣ Go long with $100 at 3x leverage
If there's a pump, continue to add to the position during floating profits
If there's a dump, generally, a drop of 5%, 10%, or 20% doesn't need to be considered; a drop of more than 30% is required for liquidation
As mentioned at the beginning, generally, one enters based on signals, and it is rare for it to drop 30% further, but it doesn’t mean it won’t drop 5%-10%-20%. This is the logic of having a $100 with 3x rollover base position
❌❌ Additionally, some friends mess around treating these altcoins like Bitcoin, recklessly going for 10x, 20x bets. Just a slight drop, and they start to enter a 'Glass Heart' situation. What to do? What to do? What to do?
In fact, this is quite foolish; the rollover base position is not the same as regular Bitcoin positions; the play strategies are completely different. You cannot apply Bitcoin's thinking to these popular new coins because they are inherently volatile
Yet you want it to pump while being unwilling to accept its volatility
