In the cryptocurrency world, there is a way to play that is 10,000 times more exciting than just holding coins—some people have rolled from a few hundred to hundreds of thousands in just three months, while others have gone to zero from the peak. This is called 'rolling positions': using leverage to amplify profits and reinvesting those profits, just like rolling a snowball to increase returns. But the essence of this thing is 'gambling with your life': either you make a fortune overnight or you go directly to zero.
When I was so poor that I only had 1000 yuan left for food, I relied on this trick to roll to 100,000 in three months. The core logic can be boiled down to three points: starting with 100x leverage, reinvesting profits whenever I made money, and sticking to one trend without looking back.
At first, I was afraid to invest much and only took $300 (about 2000 yuan) to test the waters. Each time I opened a position, I only put down a 10-dollar contract at 100x leverage—this amount has little impact on the principal even if it gets liquidated. The benefit of 100x leverage is that as long as the market moves in your favor by 1%, that $10 can become $20; then, using that $20 to open a position, earning another 1% turns it into $40... In theory, if you get it right 11 times in a row, that $10 can roll to $10,000.
But I have seen too many people fall at this step:
Some people make 50% and still don't stop, thinking 'I'll withdraw after making another wave', but when the market reverses, they lose all their profits and incur losses;
Some people panic when they lose 10%, thinking 'I can turn it around by adding to my position', but the more they add, the more they lose, ultimately leading to liquidation;
Then there are those who go long on bullish signals today and short on bearish news tomorrow, switching directions back and forth, getting slapped in the face by the market, and losing all their fees.
I can survive entirely based on two iron rules:
Cut losses immediately when wrong, never hold a losing position. Even if you are wrong 20 times in a row, you must stop and take a break—when your mindset is messed up, opening a position is just giving money away;
If you make $5000, you must withdraw and transfer half of the profits to your bank card. No matter how big the opportunity looks later, cashing out first is essential—using profits to roll, even if you lose, you won’t be heartbroken about the principal.
Last year, there was a one-sided market where I started with $500 and in three days rolled to $500,000. But few people know that I waited for four months before this, without opening a single position. The core of rolling positions is not 'rolling every day' but 'playing dead during normal times and waiting for the right opportunity to strike': opening positions recklessly when there’s no market just means giving the exchange your fees; only when big fluctuations come and the trend is favorable can you roll up.
Someone asked if rolling positions is still possible now? First, ask yourself three questions:
Is there a big fluctuation in the market now? (During a sideways period with small ups and downs, a 100x leverage can blow up with just one pullback)
Is the trend moving in one direction? (In a volatile market, both long and short positions can get wiped out; rolling positions is just giving away your head)
Can you resist the urge to only profit from the middle segment and not be greedy for the last bit of profit? (Those who want to catch the tail often end up losing the body)
If all three answers are 'yes', then you can try with a small position; if there's any hesitation, it means you haven't been taught enough by the market—this thing is really not something ordinary people can play.
Finally, let me be honest: rolling positions essentially involves gambling with your life, either you end up with a young model at a club or you have to work hard. It requires you to be as cold as a machine: don’t get excited when you make money, don’t feel bad when you lose, stop loss when it's time, and take profits when they're good. Without this mindset and discipline, it’s better to be honest, hold coins, and do waves—though the profits may be slow, at least you can preserve your principal.
There are countless ways to make money in the cryptocurrency world, and the most aggressive ones are often the riskiest. Don't just look at how much others have rolled up; think more about those who have rolled down to zero—being able to stay alive in the market is more important than anything.
