Essential for Cryptocurrency Trading Newbies: The Simplest and Most Practical Rolling Profit Method
When trading cryptocurrencies, it's not about earning quickly, but rather avoiding quick losses.
This 'Low-Risk Rolling Profit Method' is suitable for everyone: beginners can learn, and veterans can resonate with it.
Five Steps to Operate: Rolling in Cycles:
1️⃣ Fund Splitting: Split 10,000 into 5 parts, using only 1 part each time, strictly controlling risks.
2️⃣ Light Position Testing: Start with a small position, don’t go all in at the beginning.
3️⃣ Increase Position on Dips: Add to your position when it drops 10%, getting closer to your cost base as it falls.
4️⃣ Take Profit on Rises: Gradually take profit when it rises 10%, securing your gains.
5️⃣ Repeat the Cycle: Batching → Adding Position → Taking Profit, rolling out compound interest.
Control Drawdowns, Prevent Emotional Explosions
Roll in Profits, Don’t Gamble Your Life
One Market Cycle, Multiple Profits
Remember the Mnemonic:
Batch In, Add on Dips, Take Profit on Rises, Roll Slowly, Roll Bigger.
Understanding isn’t difficult, but execution is.
What can truly ensure profits is not a magical operation, but strict discipline.