How can you turn 5,000 into 1 million in the cryptocurrency world?
With 5,000, it is advisable to roll over your position. Before doing so, first understand what rolling over means. For example, if you only have 50,000, how do you start with 50,000? First, this 50,000 should be your profit. If you are still at a loss, then don't read further.
1. If you open a position in Bitcoin at 10,000, with leverage set to 10 times and using a cross-margin mode, only open 10% of your position, which means only using 5,000 as margin. This is actually equivalent to 1x leverage with a 2% stop-loss. If you hit the stop-loss, you only lose 2%, which is 1,000. How do those who get liquidated actually get liquidated? Even if you get liquidated, isn’t it just a loss of 5,000? How can you lose everything?
If you are correct and Bitcoin rises to 11,000, you continue to open 10% of your total capital, setting a 2% stop-loss. If you hit the stop-loss, you still earn 8%. Where’s the risk? Didn’t they say the risk is huge?
2. Rolling over sounds scary, but if you put it another way, it’s just adding to your position with unrealized gains. This way of saying it is much better. Adding to your position with unrealized gains is just a normal technique in futures trading. You don’t need to maintain 5 or 10 times leverage; two or three times is enough. The goal is to maintain total positions at two or three times using unrealized gains, making trading Bitcoin relatively safe.
You need to have enough patience; time is your friend. The profits from rolling over can be enormous. As long as you can roll over successfully a few times, you can earn at least tens of millions or even billions. Therefore, you should not roll over easily; you need to look for high-certainty opportunities. High-certainty opportunities refer to a sharp drop, followed by sideways fluctuations and multiple tests of the bottom, then breaking upwards. At this point, the probability of following the trend is quite high.
3. To earn 1 million, you only need to invest 50,000, and this 50,000 can also be done with no risk. You can first invest 100,000, waiting for an opportunity when the market kills retail investors, then buy spot and earn a profit of 100,000. Then, use 50,000 from that 100,000 profit to gamble. To make big money, you must gamble. When good opportunities arise, roll over, using two to three times leverage once or twice to roll out.
If you lose the 50,000 profit, invest another 50,000 to gamble. If you lose all the profits, then stop and continue to rely on the 100,000 principal to earn profits for gambling. It sounds easy, but it requires an unimaginable amount of patience.
This model allows you to exist in the cryptocurrency world with the possibility of becoming wealthy without bearing the risk of huge losses. Don’t believe in hoarding coins; if you don’t have sufficient off-market earning capability, hoarding coins is just deceiving retail investors. Those who hoard over 100 BTC while you hold a few BTC are just being ridiculous. The volatility of BTC has significantly decreased; you must use leverage to have a chance of becoming wealthy. Two years ago, those who hoarded coins are just breaking even now, and those who dollar-cost averaged to the peak of the bull market won't see several times the return.#波段交易策略 #X超级应用转型 #鲍威尔发言 #加密概念美股