Many people often ask: 'How can I make $1 million in the crypto world with only a few thousand?' To be honest, relying on daily small trades is very difficult, and relying on luck to catch a hundred-fold coin is even more fantastical. But there is a proven path through practical experience—rolling positions.

When you really roll from a few thousand to $1 million, you will find that your choices in life are completely different: a 20% rise in spot equals $200,000, which exceeds the annual income of many people. More importantly, this process will let you grasp the logic of making big money, and afterward, it’s just about replicating the experience. ​

But rolling positions are not random operations, nor are they betting everything on the market. Those who get liquidated often say 'rolling positions are risky', but in fact, they completely misunderstand the underlying position management and opportunity identification. Today, I will dissect the core logic of rolling positions; ordinary people can learn it too. ​

One, the essence of rolling positions: it’s not about rolling every day, but waiting for big opportunities to 'bet heavily'​

Many people have a misconception about rolling positions: they think they need to operate every day, increasing positions every time. But real experts in rolling positions understand: catching 2-3 big opportunities a year is enough. Just like a hunter doesn’t shoot every day; they wait until the prey is within range to pull the trigger. ​

1. What is a 'high-certainty big opportunity'?​

The core of rolling positions is 'finding trend reversal points'; the most reliable signals are: a sharp drop followed by sideways consolidation + upward breakout. For instance, if Bitcoin drops from $60,000 to $30,000, consolidates for 3 months without new lows, and suddenly breaks out above $35,000, that’s a signal for a trend reversal. At this point, getting in carries a much higher probability of following the trend than in a choppy market, with the best risk-reward ratio. ​

In 2023, when Bitcoin was consolidating at $16,000, this signal appeared: five consecutive days of increased volume, followed by low-volume consolidation without dropping. At this point, initiate rolling positions, and later a rebound directly increased by 40%. Remember: when there are no clear signals, it’s better to stay out and wait than to roll randomly. Missing 10 small opportunities is fine; catching 1 big opportunity is enough. ​

2. Typically test with small positions; only go 'heavy artillery' for big opportunities​

The essence of trading is 'matching different opportunities with different positions'. In normal market fluctuations, use 10%-20% of your position for small plays, mainly to maintain market feel; but when big opportunities arise, you must dare to bet heavily—this is when you bring out the 'heavy artillery' to let profits roll quickly. ​

For instance, if you have $50,000 in principal, usually only open positions of $5,000 to $10,000; but when Bitcoin breaks through key resistance levels, confirming the trend, you can increase to $30,000 to $40,000 positions. This 'steady in normal times, fierce in battle' rhythm can control risks and seize big market opportunities. Those who roll with full positions every day are like running with a bomb; they will eventually blow themselves up. ​

Two, practical rolling positions: how to roll $50,000 into $1 million? Dissecting the safety formula​

Some people say rolling positions are risky, but in fact, they don’t know how to set a 'safety cushion'. Using the right methods, the risks of rolling positions can even be lower than random short-term trading. Taking $50,000 as an example, this 'gradual position + stop loss' combination can help you roll steadily:​

1. Use a gradual position mode to lock risks within a 'controllable range'​

Never use all your funds! In a full position mode, all account funds are collateral; once there’s a pullback, it could lead to liquidation. Switch to a gradual position mode: each time you open a position, only risk a portion of your funds; if you lose, you only lose that portion, and the remaining principal remains intact. ​

For example, with $50,000 in principal, the first position only uses $5,000 (10% position), with 10 times leverage, resulting in an actual position of $50,000. Even if the direction is wrong, with a 2% stop loss set, the maximum loss is $1,000, affecting only 2% of the total funds. In contrast, in a full position mode, using the same $5,000, a 5% drop could lead to liquidation, jeopardizing even the principal. ​

2. After profit, 'step-by-step increase positions', let profits help you bear risks​

The core of rolling positions is 'using profits to increase positions', not adding new principal. For example, if Bitcoin rises from $10,000 to $11,000, and you made $5,000 with a $5,000 position, at this point, don’t add new principal, but use 'profits + principal' of $10,000 to open a position, setting a 2% stop loss as well.​

In this way, even if the subsequent stop loss occurs, the money you lose is 'earned money', and the principal is basically unaffected. It’s like rolling a snowball: first use a small snowball to test the waters, and after rolling out profits, you can increase the snowball, with risks always borne by profits, making the principal increasingly safe. ​

3. Calculate the math: two 5 times opportunities can roll into $1 million​

Don't fantasize about 10% compound interest every day; that's unrealistic. Making big money through rolling positions relies on 'grabbing a few big waves': 100 times return = 2 times 10 times + 3 times 5 times + 4 times 3 times, rather than slowly accumulating through daily 20%.​

For example, with $50,000 in principal:​

  • The first time capturing a 50% market, rolling it into $250,000 (5 times $50,000);​

  • The second time capturing a 50% market, rolling it into $1,250,000 (5 times $250,000);​

At this point, the target has already exceeded $1 million. And these two opportunities can completely occur in a bull market. The key is not to be greedy; every time you reach expected returns, reduce your position and take some profits off the table. ​

Three, the inner workings of rolling positions: three things more important than skills​

Those who can roll from a few thousand to $1 million rely not on how great their skills are, but on their mindset and discipline. These three mental principles are more important than any technique:​

1. Patience is more valuable than courage​

The most taboo in rolling positions is 'eagerness for quick success'. Some people panic after just one loss, eager to immediately recover, resulting in increasingly chaotic rolls. But true experts understand the importance of waiting: sometimes waiting a month can help you avoid 10 traps and seize 1 big opportunity. In the bear market of 2022, I waited 3 months without positions until clear bottom signals for Bitcoin appeared, and one rebound made me recover previous losses. ​

2. Don't 'fall in love' with the market; admit your mistakes​

Many people when rolling positions think 'if I make money, I want to make more; if I lose, I can't bear to cut losses', resulting in small profits turning into losses and large losses leading to liquidation. Remember: rolling positions is dealing with probabilities, and no one can be right every time. Set a stop loss line; if it hits, cut it, even if the market comes back after you cut, don’t regret it—discipline is more important than being right once. ​

3. After making $1 million, first learn to 'stop'​

When you earn $1 million through rolling positions, the first thing is not to continue rolling but to take 30%-50% of the profits out—this can be used to buy spot, deposit in the bank, or even improve your life. This portion of funds acts as a 'safety cushion', allowing you to maintain a more stable mindset. The remaining $500,000 can continue rolling; at this point, you will find that using profits to trade feels completely different from using principal, making decisions more rational. ​

Finally, I want to say: rolling positions is not gambling with your life, it’s 'using rules to earn probabilistic money'​

There are always people equating rolling positions with 'gambling'; in fact, they are worlds apart: gambling relies on luck, while rolling positions rely on rules; gambling causes increasing anxiety, while rolling positions become increasingly stable. On the road from $50,000 to $1 million, the real enemy is not the market, but your greed and impatience. ​

Remember: the logic of making big money in the crypto world has never been 'get rich overnight', but rather 'capture big opportunities + use rules to roll profits + control risks'.

When you learn to wait for opportunities, dare to take heavy positions, and understand stop-loss, rolling from $50,000 to $1 million is just a matter of time. And when you truly grasp this threshold, you will find that the core of making money is not technique, but your understanding of the market and control over yourself. ​

Follow @钱包守护者 ; I will later dissect details like 'how to identify big opportunities' and 'how to set the most reasonable stop loss line', so your rolling position path avoids pitfalls. Use techniques as your foundation, so rolling positions can be stable and profitable for the long term.~