Two Ways to Get Rich Quickly with Rolling Positions!
In the cryptocurrency world, the real top-level strategy is not about small trades every day, but about using trends to 'roll' out huge profits. The common methods used by experts for rolling positions actually boil down to two ideas:
① Rolling after trend confirmation
When the market breaks through key positions, start with a small position to test the waters, and once the direction is right, increase the position with profits. This approach has low risk because the additional funds for increasing the position are all profits that have been rolled out. Even if the position is stopped out, it only results in a loss of unrealized profits, while the original position remains intact.
This is what is meant by 'using the market's money to make profits for yourself'.
② Heavy position from the start
Go all in from the beginning, leveraging to the max. This carries high risk, but if the trend goes as expected, the profits can be explosive. This is suitable for experienced traders who are willing to take risks and hold their positions.
I personally recommend the first method: increasing positions with profits. Veteran players like Fat Bitcoin and Master Li Tonv all emphasize rolling positions with unrealized profits in a trending market, and then using stop losses to lock in profits, which can truly capture significant market movements.
Three pieces of advice for beginners:
1· Lower the risk-reward ratio, maintain your mindset
Don't always think about 10x or 20x profits, as those win rates are too low and difficult for ordinary people to endure. Beginners should aim for a 2-3x risk-reward ratio, and when the market is good, aim for 4-5x, maintaining a win rate around 50% for comfortable and sustainable profits.
2· Accept missed opportunities, don't be greedy
In a year, there are 10 market waves; if you can catch 2-3 of them, that's already impressive. Don't try to catch everything, as this can easily lead to being repeatedly harvested by the market.
3· Go with the trend, watch the big picture
Instead of spending time studying a bunch of indicators, it's better to learn how to judge the market background. Take more actions in good markets, and rest during bad markets. In 2022, most people lost money, but those who patiently endured will be able to reap huge profits in the next sunny cycle.
The market is like the ocean, and the market trends are like the seasons.
A wise fisherman does not venture out to sea during a storm but conserves energy, waiting for a sunny day to harvest wealth!
Follow me! Not only will I take you fishing, but I'll also teach you how to fish!
The doors of the cryptocurrency world are always open, but remember: only by going with the trend can you become rich with the trend!
