In the coldest period of the bear market in 2022, Zhou entered the crypto world with 8,000 yuan. At that time, Bitcoin had just dropped from 60,000 USD to 16,000; people around him urged him to 'buy the dip aggressively', but he only used 10% of his funds to buy ETH spot, setting a 2% stop-loss. Six months later, when ETH rebounded to 22,000, he earned his first 2,000 yuan in floating profit, without increasing the principal, instead using this 2,000 yuan to open a 1x leveraged long position.


In this way, he rolled like a snowball: every time he earned 10%, he used 10% of floating profits to add positions; when a 2% stop-loss was triggered during a pullback, he decisively closed the position, never holding onto a losing trade. When the bull market arrived in 2024, his funds gradually climbed from 8,000 to 780,000, experiencing 3 stop-losses and 5 trend adjustments along the way, but never touching the initial principal.
Almost at the same time, Xiao Li rushed into the market with 100,000 yuan in capital. He believed 'the higher the leverage, the faster the profit', and immediately opened a full position on BTC with 20x leverage. He was lucky to make 50,000 yuan on the first two trades, and his confidence grew — not only did he invest all his principal, but he also increased the leverage to 30x. As a result, a sharp drop in Bitcoin caused him to lose 150,000 yuan overnight, leaving only 500 yuan in his account.
While some people use 'rolling positions' to turn small capital into a snowball, others let their funds roll into the abyss. The difference lies not in luck, but in understanding the essence of rolling positions: taking risks with profits, surviving on discipline, and compounding over time. Next, we will dissect the core logic and operational paths of rolling positions, allowing an 8,000 yuan snowball to also reach the million threshold.

One, the core logic of rolling positions: Use profits to 'roll the snowball', keeping the principal always safe.

The essence of rolling positions is not 'high leverage betting', but expanding positions using profits from the market, with the principal always serving as a 'safety net'. Just like rolling a snowball, first use your hands (the principal) to get it started, and when the snowball gains inertia (floating profits), then let new snow (profits) stick to it, making the snowball larger, while the hands (principal) are never exposed to risk.
The key to the core logic is 'risk isolation': all funds added to positions must come from prior profits (floating profits), not the principal. Even if there are losses when adding positions, at most, the previously earned profits will be lost, leaving the principal unaffected, fundamentally avoiding the risk of 'one mistake leading to zero'.

Two, the three 'life and death disciplines' of rolling positions: the core that determines success or failure.

The key to rolling positions is not 'earning fast', but 'surviving long'; three disciplines are indispensable:

Leverage must be ridiculously low: 3x is the upper limit, 1-2x is more stable.

High leverage seems to accelerate profits but actually has a very low tolerance for errors. Normal fluctuations in the crypto market can trigger forced liquidation (e.g., with 10x leverage, a 10% fluctuation can cause liquidation), while 3x leverage requires a 33% fluctuation to cause liquidation; combined with a 2% stop-loss, it can withstand most daily fluctuations. It is recommended to use 1-2x leverage initially, and after five consecutive profitable trades, increase to 3x, but never touch 5x or above.

Adding positions can only use 'floating profits': the principal is the bottom line and must not be touched.

The principal is the 'safety cushion', and funds for adding positions must come from previous profits. For example, after 1,600 yuan profit from an 8,000 yuan principal, the total capital becomes 9,600 yuan, and at most, only 1,600 yuan of floating profit can be used to add positions, while the 8,000 yuan principal remains untouched. Thus, even if there are losses when adding positions, the most lost is the floating profit, with the principal still intact, avoiding 'one mistake returning to the starting point'.

Stop-loss must be ironclad and ruthless: 2% is the red line, close positions immediately at the point.

Strictly control single trade stop-loss within 2% of total capital (160 yuan for 8,000 yuan, 2,000 yuan for 100,000 yuan), close positions immediately at set points, and do not hold onto 'rebound fantasies'. Rolling positions rely on 'multiple profit accumulation', not 'single trade reversal'; 3-4 stop-losses are normal as long as profitable trades exceed stop-losses, resulting in overall positive growth.

From 8,000 to 1,000,000: A practical path divided into 3 stages, advancing step by step.

Rolling positions need to be advanced in stages, with different goals and strategies for each stage to avoid the risk of 'jumping steps'.

First stage: 8,000 → 50,000 (Accumulate startup capital, practice skills).

Core Objective: Familiarize with the rhythm using spot trading + small leverage, and accumulate 'pressure-free capital'.
Operational Details:
Start with 8000 yuan for spot trading: Buy BTC and ETH at the bear market low (e.g., BTC at 16,000 USD in 2023), sell after a rebound of 10%-20%, repeat 3-5 times to roll the funds to 25,000 yuan.
Add 1x leverage: When the asset breaks through key resistance levels (e.g., 20,000, 30,000 USD), open a long position with 1x leverage, add 10% to the position using floating profits after a 10% gain, and set a stop-loss at 2%. For example, with a 25,000 yuan principal, open a position of 2500 yuan for the first time, after earning 250 yuan, add another 250 yuan to the position, keeping the total position within 10% of the principal.
Key: Do not pursue speed, focus on practicing 'stop-loss + floating profit accumulation' muscle memory, and advance after completing 10 profitable trades.

Second Stage: 50,000 → 300,000 (Capture trend opportunities, amplify profits)

Core Objective: Increase the frequency of rolling positions in clear trends, relying on 'segmental compounding' to accelerate.
Operational Details:
Only trade in 'certain trends': Confirm an upward trend when the daily price stabilizes above the 30-day moving average and trading volume increases by more than three times (e.g., post-approval trend of BTC ETF in 2024).
Position Increase Ratio: For every 15% profit, use 30% of floating profits to add to the position. For example, if 50,000 yuan profits to 57,500 yuan, use 2,250 yuan (30% of 7,500 yuan floating profit) to add to the position, keeping total holdings within 20% of the principal.
Take Profit Strategy: Lock in 20% profit for every 50% increase (e.g., from 50,000 to 100,000, withdraw 20,000 cash, and continue rolling 80,000), avoiding the 'profit giving back' mindset collapse.

Core Objective: Capture the large market trend of bull-bear transitions and complete the leap with a major trend.
Operational Details:
Wait for 'historic opportunities': For instance, Bitcoin from the bear market bottom (15,000 USD) to the mid-bull market (60,000 USD) has a five-fold trend, allowing rolling positions to amplify returns by more than ten times.
Dynamic Position Adjustment: In the early stage of the trend, position 10%-20%; mid-stage 30%-40%; later stage reduce back to 10% (e.g., BTC from 30,000 to 60,000, use 30,000 position at 30,000, add to 60,000 at 40,000, reduce back to 30,000 at 50,000).
Ultimate Discipline: Once capital reaches 800,000, withdraw 500,000 to store in stablecoins, leaving 300,000 for operations; locking in profits is the end goal, not 'rolling forever'.

Four, the mindset moat: technique accounts for 30%, mindset for 70%.

The biggest enemy of rolling positions is not market volatility, but an imbalanced mindset, needing to avoid two traps:

Do not be greedy for 'perfect additions': Missing out is better than making a mistake.

Do not dwell on 'adding too early' or 'adding too little'; as long as you add to the position within the 'profitable range', it is not a mistake. Just like farming, it does not matter if you plant a few days earlier or later in spring; it is much better than missing the planting season.

Accept 'imperfect stop-losses': Stop-losses are costs, not failures.

In 10 trades, having 3-4 stop-losses is normal; consider stop-loss as 'buying a ticket' — if you want to participate in the market, you have to pay a cost, as long as it does not affect overall profitability. For example, while rolling SOL positions, if 5 trades have 2 stop-losses, but 3 profitable trades increase total capital by 80%.

Risks and Insights: Rolling positions are not a myth, but 'discipline + time' compounding.

Feasibility prerequisites: Rolling from 8,000 to a million requires meeting 3 conditions — using idle money for operations (losing it does not affect life), spending 6 months practicing skills (completing 100 simulated trades), and accepting 'slow' (not pursuing overnight riches).
Time cycle: At least 2-3 rounds of bull-bear (3-5 years); hoping to achieve it in 1 year will only lead to being educated by the market. The wealth password in the crypto world is 'stability + longevity', not 'speed'.
Negative lessons: High leverage and using principal for position addition are fatal mistakes (e.g., using 100,000 yuan principal with 10x leverage, one sharp drop can lead to zero), discipline is more important than technique.


In summary, rolling positions are a tool for ordinary people to turn the tables through discipline; the core is 'taking risks with profits, surviving on discipline, and leveraging time for compounding'. Just like climbing stairs, each step seems ordinary, but if you persist for 1,000 steps, you can reach heights others cannot. However, it is essential to remember: the crypto market is volatile, and even with strict discipline, there are risks; using idle money and respecting the market is the prerequisite.

If you are also a tech enthusiast and are deeply studying technical operations in the crypto space, you might as well follow @钱包守护者 ; you will gain more!