There’s a term in the crypto space that’s often mythologized — 'rolling positions'. Some say it’s a 'wealth accelerator', turning 50,000 into a million; others criticize it as a 'liquidation catalyst', turning 100,000 to zero in days. In reality, rolling positions are neither mysterious nor evil; it’s like driving: following the rules can get you there safely, while reckless driving will only lead to disaster.

If you only have 5,000 yuan in principal, and you want to reach the million threshold through rolling positions, this article will break down the specific path — not relying on luck, but on a combination of 'floating profit addition + low leverage + strict discipline', with replicable operational details at every step.

One, first understand: rolling positions are not 'adding leverage to gamble', but 'rolling snowballs with profits'.

Many people misunderstand rolling positions as 'fully leveraged heavy trading', which is a fatal misconception. The true essence of rolling positions is captured in 8 words: floating profits to add positions, risk locked.

In simple terms: use profits earned from the principal to expand positions, keeping the principal safe. Just like rolling a snowball, first push it (the principal) to get it moving, and once it has inertia (floating profit), let the snow (profit) stick to it, making the snowball larger, but the hand (principal) is never rolled in.

For example:

With 5,000 yuan in principal, use a 10x leverage rolling position model, only taking 10% of the funds (500 yuan) as margin to open positions, effectively using 1x leverage (500 yuan × 10 = 5,000 yuan position, equal to the principal). Set a 2% stop loss, with a maximum loss of 100 yuan (5,000 yuan × 2%), minimally impacting the principal.

If you earn 10% (500 yuan), at this point, the total funds become 5,500 yuan. Then take another 10% (550 yuan) to open a position, still at 1x leverage, with a 2% stop loss (loss of 110 yuan). Even if this stop loss occurs, total funds remain at 5,500 - 110 = 5,390 yuan, which is still 390 yuan more than the initial amount.

This is the underlying logic of rolling positions: use profits to bear risks, ensuring the principal remains safe. High leverage and using the principal to add positions is a 'pseudo-rolling', essentially gambling, and will inevitably lead to liquidation.

Two, the 3 lifelines of rolling positions: hit one line, and 5,000 can turn into a million.

The key to rolling positions is not 'how fast you earn', but 'how long you survive'. I've seen cases where 5,000 turned into 800,000, and also seen tragedies where 100,000 turned negative, the core difference lies in 3 disciplines.

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

'The higher the leverage, the faster the gains' — this is the pitfall that beginners easily fall into. In 2022, I saw a retail investor who started with 5,000 yuan and used 20x leverage for rolling positions, earning 3,000 yuan on the first trade, but after adding positions, encountered a spike and directly liquidated.

Remember: rolling positions relies on 'compounding frequency', not 'one-time windfall'. 3x leverage means '33% volatility before liquidation', combined with 2% stop loss, allowing for significant error tolerance; whereas 10x leverage could trigger forced liquidation with just 10% volatility, unable to withstand the normal fluctuations in the crypto market.

My suggestion: early on, use 1-2x leverage. After achieving 5 consecutive profitable trades and stabilizing your mindset, then increase to 3x, never touching 5x or higher.

2. Additional positions can only use 'floating profit': the principal is the trump card, never touch it.

The essence of rolling positions is 'making money with the market’s money'. For instance, with 5,000 yuan in principal, if the first profit is 1,000 yuan, the total funds become 6,000 yuan; at this point, you can only use a maximum of 1,000 yuan in floating profits to add positions, and the principal of 5,000 yuan must remain untouched.

This way, even if you add positions and incur losses, you might only lose floating profits, while the principal remains safe. Conversely, if you put all your 5,000 yuan in at once, one mistake would send you back to square one, wasting all previous efforts.

Just like fishermen fishing: using the fish caught as bait, even if no new fish are caught, the fishing boat won’t incur a loss.

3. Stop losses must be 'ironclad and cold-blooded': 2% is the red line, cut immediately when reached.

'Wait a minute, maybe it will rebound' — this phrase can ruin all rolling position plans. During rolling positions, each individual stop loss must be strictly controlled within 2% of total funds. For 5,000 yuan in principal, that’s 100 yuan; for 100,000 yuan, it’s 2,000 yuan. Cut losses immediately when the point is reached, without any excuses.

In 2023, Bitcoin rose from 30,000 to 40,000. I rolled positions with 1x leverage, and during that time, I had 3 stop losses, each losing 1,000-2,000 yuan, but ultimately, 6 profitable trades multiplied my total funds by 3 times. If I had held a losing position at any point, I might have been washed out by volatility and missed the subsequent main surge.

Three, from 5,000 to 1 million: roll positions in 3 stages, with specific operations at each step.

To roll 5,000 into 1 million, you need to advance in stages, with different goals and strategies at each stage. Just like climbing stairs, taking 3 steps at once can lead to a fall; one step at a time is necessary to reach the top.

First stage: 5,000 → 50,000 (accumulate startup funds, practice feel).

Core objective: familiarize with the rhythm using spot + small leverage, accumulating the first 'pressure-free funds'.

Start with 5,000 yuan in spot trading: buy BTC, ETH at the bear market low (for instance, when BTC drops to 16,000), sell after a rebound of 10%-20%, repeat 3-5 times to roll the funds to 20,000.

Join with 1x leverage rolling positions: when BTC breaks key resistance levels (like 20,000, 30,000), use 1x leverage to go long, adding 10% with floating profits after a 10% gain, with a 2% stop loss. For example, with 20,000 yuan in principal, initially open a 2,000 yuan position, after earning 200 yuan, add another 200 yuan position, keeping total positions below 10% of the principal.

Key: at this stage, do not pursue speed, focus on practicing 'stop loss + floating profit addition' muscle memory, completing at least 10 profitable trades before entering the next stage.

Second stage: 50,000 → 300,000 (seizing trend opportunities, amplifying profits).

Core objective: increase the frequency of rolling positions in clear trends, speeding up through 'segment compounding'.

Only operate in a 'certain trend': for instance, when the BTC daily line stabilizes above the 30-day line, and trading volume increases by more than 3 times, confirm the upward trend before rolling positions. After the BTC ETF approval in January 2024, it will be a typical trending market suitable for rolling positions.

Position addition ratio: for every 15% profit, use 30% of the floating profit to add positions. For instance, with 50,000 yuan in principal, if you earn 15% to 57,500 yuan, take out 2,250 yuan (30% of the floating profit of 7,500 yuan) to add a position, keeping total positions under 20% of the principal.

Profit-taking strategy: take 20% profit every 50% rise, for example, rolling from 50,000 to 100,000, first withdrawing 20,000 in cash, leaving 80,000 to continue rolling. This way, it locks in profits and avoids the psychological collapse of 'profit giving back'.

Stage three: 300,000 → 1 million (relying on long-cycle trends, earning 'era dividends').

Core objective: seize the major market trend during bull-bear transitions to make a significant leap.

Wait for 'historic opportunities': for instance, when Bitcoin rises from the bear market bottom (like 15,000) to the mid-point of the bull market (like 60,000), this 5-fold trend can amplify rolling positions to yield over 10 times profit. During the bull market of 2020-2021, someone turned 300,000 into 5 million, relying on such major trends.

Dynamically adjust positions: maintain 10%-20% in the early trend, increase to 30%-40% mid-way, and reduce back to 10% later. For example, if BTC rises from 30,000 to 60,000, start with a 30,000 position, increase to 60,000 when it rises to 40,000, and reduce to 30,000 when it rises to 50,000, ensuring you don’t miss the main upward trend while reducing risks at the peak.

Ultimate discipline: stop rolling positions when funds reach 800,000, withdraw 500,000 to stablecoins, and continue to operate with the remaining 300,000. Remember: the endpoint of rolling positions is 'locking in wealth', not 'rolling forever'.

Four, the most easily overlooked: the 'mental moat' of rolling positions.

Turning 5,000 into a million, skill only accounts for 30%, mindset accounts for 70%. I’ve seen too many people with sound skills fail due to two mindset traps.

1. Don’t be greedy for 'perfect additions': missing the opportunity is better than adding incorrectly.

There will always be people tangled in 'added too early' or 'added too little', for example, planning to add positions after a 10% gain, but getting anxious and adding when it only rises to 9%, or waiting for a pullback after it rises to 15%. In fact, rolling positions don’t need to be precise; as long as you add within the 'profit range', you’re not mistaken.

Just like farming, as long as you sow in the spring, it doesn’t matter if it’s a few days early or late, it’s always better than missing the planting period.

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

During the rolling process, having 3-4 stop losses out of 10 trades is normal. In 2023, I rolled SOL, with 2 stop losses out of 5 trades, but the remaining 3 profitable trades increased total funds by 80%.

Consider stop losses as 'buying a ticket' — if you want to enter the amusement park, you must buy a ticket; occasionally encountering a bad ride doesn’t refund the ticket, but it doesn’t affect enjoying other rides.

Five, 5,000 yuan rolling position real-world cases: avoid the pits others have fallen into.

Positive case: 5,000 → 780,000, achieved through 'dumb methods'.

From 2022 to 2024, someone started with 5,000 yuan in spot trading, buying ETH at the bear market low (880 dollars), selling at 1,200 dollars for a 40% gain; then using 1x leverage to roll positions, adding 10% to the position for every 10% profit and maintaining a 2% stop loss. In two years, they rolled to 780,000. Their secret: only traded ETH, avoided altcoins, and didn’t change coin types, winning through 'focus + discipline'.

Negative case: 100,000 → 500 yuan, died from 'leverage addiction'.

In 2023, a retail investor started with 100,000 yuan and used 5x leverage for rolling positions, earning 50,000 yuan in the first two trades, then increased leverage to 10x, but encountered a spike drop in BTC, liquidating to 30,000; not discouraged, they added positions with 10x leverage again, completely going to zero a week later. They fell into the major pitfall of rolling positions: adding positions with the principal and increasing leverage.

Key conclusion: the essence of rolling positions is 'exchanging time for space.'

Turning 5,000 into 1 million requires at least 2-3 rounds of bull and bear markets (3-5 years). Those who fantasize about achieving this in one year will ultimately be educated by the market. The wealth code in the crypto space has never been 'fast', but rather 'stable + long-lasting'.

Finally: insights from rolling positions for ordinary people.

Can 5,000 turn into 1 million? Yes, but it requires meeting 3 prerequisites:

Use spare money for trading, losing it won’t affect your life.

Spend at least 6 months practicing skills, completing 100 simulated trades.

Accept 'slow', don’t pursue overnight riches.

Rolling positions are not a myth, but a tool for 'ordinary people to counterattack through discipline'. Just like climbing stairs, each step is ordinary, but with persistence over 1,000 steps, you can reach heights that others cannot.

If you currently only have 5,000 yuan, don’t rush, start from the first profit of 100 yuan and roll it — the wealth snowball must start from a small snowball.

Feel free to follow Huihui, where you can learn and communicate in real trading, and clarify market direction and strategies. Regardless of market style, knowing in advance allows you time to master it better!

Huihui only engages in real trading, the team still has spots available.

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