How do people in the cryptocurrency world turn 10,000 into one million? It is recommended to roll over 10,000. Before doing so, understand what rolling over means. For example, if you only have 10,000, the first thing is that this 10,000 should be your profit. If you are still at a loss, then don’t look anymore.
First, if you open a position with a 10,000 principal in Bitcoin, set the leverage to 10 times and use the incremental position mode, only opening 10% of the position, which is just 5,000 as margin. This is actually equivalent to 1x leverage with a 2-point stop loss. If you hit the stop loss, you only lose 2%, which is only 2%? 1,000.
How do those who get liquidated actually get liquidated? Even if you get liquidated, isn't it just a loss of 5K? How can you lose everything? If you are correct and Bitcoin rises to 11,000, you continue to open 10% of the total funds, similarly setting a 2% stop loss. If you hit the stop loss, you still earn 8%. Where's the risk? Didn't they say the risk is very high?
Second, rolling over sounds scary, but if you say it another way, it’s just adding positions to floating profits. This sounds much better; adding positions to floating profits is just a common technique in futures trading. You don’t need to maintain 5-10 times leverage; you only need two or three times. The goal is to maintain a total position of two to three times with floating profits, which is relatively safe for playing Bitcoin.
You need to have enough patience; time is your friend. The profits from rolling over are huge. As long as you can successfully roll over a few times, you can earn at least tens of millions or even billions, so you cannot roll over lightly. You need to find high-certainty opportunities; high-certainty opportunities refer to multiple consolidations after a sharp drop followed by a breakout. At this time, the probability of following the trend is very high.
Third, to earn 1 million, you only need to invest 50,000, which can also be done with no risk. You can first invest 100,000, wait for the opportunity when the cryptocurrency world kills retail investors, enter to buy the spot and earn 100,000 profit, then use 50,000 from the 100,000 profit to gamble. To make big money, you must gamble, and when good opportunities arise, roll over, using two to three times leverage a time or two to roll out.
If you lose 50,000 in bets and lose the profit, you reinvest 50,000 to gamble. Once the profit is all gone, stop and continue to rely on the 100,000 principal to earn profit to gamble. It sounds easy, but it requires unimaginable patience. Only such a model can give you the possibility of getting rich in the cryptocurrency world without taking on the risk of huge losses. Don’t believe in hoarding coins; without sufficient off-market earning ability, hoarding coins is just deceiving retail investors. If someone is hoarding over 100 BTC, and you are hoarding a few BTC, isn't that nonsense? The volatility of BTC has significantly decreased, and you must leverage to have a chance of getting rich. Two years ago, those who were around cryptocurrency are just breaking even now, and even if you invest regularly until the peak of the bull market, you won’t see several times returns. So what kind of method do you think is more effective?
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