Before starting, first understand the basics of contracts
$100 3x leverage long, needs to drop over 30% to trigger liquidation
Generally, when the entry signal appears, such as (Dragonfly Doji W, Divergence W)
There are very few coins that continue to drop over 30%, but that doesn't mean it won't drop 20%, 10%, or 5%
But all of this is within the expectations of volatility
Therefore, for popular altcoins, rolling position base is just $100 3x long
For these popular altcoins
After going to the exchange, after a brief washout
Many can be pulled up 1-2-3 times
Never underestimate the charm of $100 3x
For example, the small hippo MOODENG we started a few days ago
In just two days, it pulled up by 3 times
That is to say, even if $100 3x long, if you haven't taken any rolling position actions
Can earn over $1000
If the process maintains 3x rolling position operation
That can achieve performance of $3000-$5000-$10000
Conversely, if encountering an epic crash, falling more than 30%
If liquidated, your maximum risk is only $100
Moreover, you can operate flexibly during this process
For example, gradually transfer out floating profits until all principal is transferred out
In this way, it becomes pure profit speculation rolling positions
You will have no psychological pressure
Therefore, the entire rolling process is as follows
1. Recently popular altcoins
2. Discover entry signals
3. $100 3x Long
If there's a pump, continuously increase positions with floating profits
If there's a dump, generally a drop of 5%, 10%, or 20% can be ignored; a drop of over 30% would trigger liquidation
As mentioned at the beginning, generally enter based on signals; it's rare to see a continued drop of 30%
However, this does not mean it won't drop 5%-10%-20%
This is the logic of $100 3x rolling position base
However, recently with the increase in subscription numbers
I also found that some students have started to mess around
Treat these altcoins like Bitcoin
It's often 10x, 20x all-in
A slight drop can lead to a (glass heart) situation
What to do? What to do? What to do?
Actually, this is quite foolish
The rolling position base order is not those conventional large orders
The strategies are completely different
You cannot apply Bitcoin thinking to these popular new coins
Because they are inherently volatile
And you want it to pump while unwilling to accept its volatility
It's like you want to find a girlfriend in a nightclub but don't want her to go to the nightclub
Where in the world is there such a good thing?
So, you must remember!
This is a rolling position base order, which does not require large funds and high leverage
Just $100 3x leverage long
If there's a pump, increase positions with floating profits
If there's a crash, lose $100 (needs to drop 30%)
Of course, there is another option, which is to further reduce capital
For example, we are $100 3x
You can have $30-$50 3x
And for those who often all-in 10-20x, stop operating as soon as possible!
This is not Bitcoin; these are junk altcoins! Suitable for small bets and rolling positions
Not suitable for you to invest with large funds