Once you have 1 million in principal, you'll find that your whole life seems to change. Even if you don't use leverage, if a spot commodity rises by 20%, you'll have 200,000. 200,000 is the annual income ceiling for most people.

Moreover, once you've grown your money from tens of thousands to 100,000, you'll grasp some of the strategies and logic for making big money. At that point, your mindset will be much calmer, and from then on, it's just a matter of copying and pasting.

Don't talk about tens of millions or hundreds of millions all the time. You need to start from your own actual situation. Only bullshit is comfortable. In trading, you need to have the ability to identify the size of opportunities. You can't always use a small position or a large position. Usually, you play with a small position. When a big opportunity comes, then you can pull out your big guns.

For example, rolling over positions is something you can only do when a big opportunity comes along. You can't keep rolling over positions. It's okay if you miss out, because you only need to successfully roll over positions three or four times in your lifetime to go from zero to tens of millions. Tens of millions is enough for an ordinary person to join the ranks of the wealthy.

The concept of rolling over positions itself is not risky; in fact, it's one of the most correct approaches to futures trading. The risk lies in leverage. You can roll over positions with 10x leverage, and you can do the same with 1x. I usually use 2x or 3x leverage, and if you catch the opportunity twice, you can still achieve dozens of times the return. At the very least, you can use 0.x leverage. What does this have to do with rolling over positions? It's clearly a matter of your own choice of leverage. I have never advised you to trade with high leverage.

Furthermore, I have always emphasized that in the cryptocurrency market, you should only invest one-fifth of your money in cryptocurrency and only invest one-tenth of your spot money in futures. At this point, the funds in futures only account for 2% of your total funds. In addition, you should only use two or three times leverage in futures and only trade Bitcoin. This can be said to reduce the risk to an extremely low level.

Would you feel bad if you lost 20,000 out of 1,000?

There's no point in constantly arguing. People keep saying that rolling over positions is risky and that making money is just a matter of luck. I'm not saying this to convince you; convincing others is pointless. I just hope that people with similar trading philosophies can trade together.

However, since there is currently no screening mechanism, there are always jarring voices that interfere with the approval of those who want to watch.

Trading is not inherently risky; risks can be mitigated through money management. For example, I have $200,000 in my futures account and my spot account ranges randomly from $300,000 to over $1,000,000. I deposit more when the opportunity is greater and less when it is less.

With good luck, you can earn over ten million RMB a year, which is more than enough. If you're unlucky and the worst-case scenario happens—your futures account goes bankrupt—it doesn't matter. The profits from spot trading can make up for the losses from the futures account blowout. Once you've made up for it, you can just jump back in. Do you think you can't earn a single penny from spot trading in a year? I'm not that bad.

I can afford not to make money, but I can't afford to lose money, so I've had my account wiped out a long time ago. Also, when I make money in futures trading, I often withdraw a quarter or a fifth of it and keep it separately. Even if I lose all my profits, I will still retain some of them.

As an ordinary person, my personal advice is to use one-tenth of your spot trading position to trade futures. For example, if you have 300,000, use 30,000 to trade. If you get caught in a market crash, then go for the spot trading profits. After you've been caught in a market crash ten or eight times, you'll eventually figure out the inside story. If you still haven't figured it out, then stop trading; this industry isn't for you.

Currently, only the following three situations are suitable for rolling over positions:

1. Choosing a direction after a long period of sideways trading and new lows in volatility

2. Buying the dip after a major rally in a bull market.

3. Breakthrough of major resistance/support levels on the weekly chart

In general, the odds of winning are only relatively high in these three situations; all other opportunities should be abandoned.

Common opinion:

Here's a definition of rolling over positions: In a trending market, after making substantial profits using leverage, the overall leverage passively decreases. To achieve compound interest, the position is increased at an appropriate time. This process of increasing the position is called rolling over positions.

The following are the instructions for rolling over positions:

Adding to a position after achieving a floating profit: You can consider adding to your position after achieving a floating profit. However, before adding to your position, you need to ensure that your cost basis has been lowered to reduce the risk of loss. This does not mean blindly adding to your position after achieving a profit, but rather doing so at the right time.

Core position + T+0 rolling operation: Divide funds into multiple parts, keeping a portion as a core position and using the other part for buying low and selling high. The specific proportions can be chosen based on individual risk tolerance and capital size. For example, you can choose to use half a position for rolling T+0, 30% of the core position for rolling T+0, or 70% of the core position for rolling T+0. This operation can reduce holding costs and increase returns.

In my opinion, the term "appropriate time" in the definition mainly has two meanings:

1. Add to your position during a breakout from a consolidation pattern, and then quickly reduce your position once the breakout occurs and you capture the main upward wave.

2. Increase trend-following positions during pullbacks in a trending market, such as buying in batches when prices pull back to the moving average.

There are several ways to roll over positions, the most common being through position adjustments. Traders can gradually reduce or increase their positions based on market changes to achieve profitability. Traders can also use trading tools such as leverage to amplify returns, but this also increases risk.

Several points to note regarding rollover:

1. Sufficient patience is needed. The profits from rolling over positions are enormous. If you can successfully roll over a few times, you can earn at least tens or hundreds of millions. Therefore, you cannot roll over easily. You need to look for opportunities with high certainty and a high probability of success.

2. What is a sure-fire opportunity? It's when prices plummet, then consolidate sideways, and then suddenly surge upwards. At this point, the trend is likely about to reverse, and you need to get on board quickly to avoid missing the opportunity. (10%-100% version)

1. Only 10% of people can make money in this market because it is destined to be a zero-sum game;

2. The money you can make will only be generated during 20% ​​of the bull market period; the rest of the time, it will eliminate those who lack investment logic and patience.

3. Only by being prepared to accept a 30%-50% pullback can you ultimately succeed; otherwise, the process will be torture for you.

4.40% of new investors may be wiped out right from the start; there are more pitfalls in this industry than you imagine.

5. At least 50% of people in this market will choose to play contracts, and most of them will end up losing everything. Remember, contracts are gambling.

6. In a bull market, 60% of those who trade spot will make some profit, but those who can hold on throughout the entire bull market cycle are the ultimate winners.

7. It is estimated that 70% of people have been depositing money without ever withdrawing any; the cryptocurrency world is far more brutal than you imagine.

8.80% of people are so captivated by the wealth effect of this circle that they can't go back to the past, just like drug addicts.

9.90% of people are ultimately just passersby in this market, but everyone thinks they are the chosen ones;

Ultimately,#BTCwill 100% reach $1 million. Always believe this.

3. Only roll more;

4. Setting appropriate stop-loss and take-profit points is very important.

Rolling in short positions is a high-risk strategy, and market volatility can lead to substantial losses. When entering a trade, a reasonable stop-loss order should be set to prevent losses if the market moves against expectations. Equally important is setting an appropriate take-profit order to protect profits. This ensures that we capture sufficient profits before the market reverses.

5. Sound financial management is also key to steady profits.

When engaging in short selling with rollover positions, we should allocate our funds prudently and avoid investing all our capital in a single trade. Diversification reduces risk and improves overall stability. We should also adhere to risk control principles and avoid abusing leverage to prevent greater losses.

6. Timely tracking of market dynamics is also key to profitability.

Market conditions are constantly changing, so we should remain sensitive to them and adjust our strategies accordingly. Staying informed and learning about relevant technical indicators and trading tools can help us better analyze market trends and improve the accuracy of our predictions.

Short selling in the cryptocurrency market can be a profitable strategy, but it requires careful execution. By accurately predicting market trends, setting appropriate stop-loss and take-profit levels, managing money effectively, and closely monitoring market dynamics, we can steadily generate profits in the market.

Of course, for cryptocurrencies like Eth, you can also try forced rollover, staking, borrowing, or investing in liquidity pools to obtain safer returns. Specific cryptocurrencies should be analyzed specifically to avoid liquidity problems.

How to grow a small amount of capital?

Many people have misconceptions about trading. For example, some believe that small capital should be used for short-term trading to grow it. This is a complete misconception. This kind of thinking is simply trying to use time to gain opportunities and get rich overnight. Small capital should be used for medium- to long-term trading to grow.

Is a piece of paper thin enough? If a piece of paper is folded in half 27 times, it is 13 kilometers thick. If it is folded in half 10 more times, making it 37 times thick, it is not even as thick as the Earth. If it is folded 105 times, the entire universe would not be able to contain it.

If you have 30,000 in capital, you should be thinking about how to triple it in one round, and then triple it again in the next round... that way you'll have 400,000 to 500,000. Instead of thinking about earning 10% today and 20% tomorrow... that will only ruin you sooner or later.

Having been in the cryptocurrency world for over 10 years, from starting with 5,000 to 10 million, then 8 million in debt, and finally hundreds of millions in net worth—achieving financial freedom and a leap in social class—I've summarized 10 trading techniques. Mastering just one will allow you to achieve consistent profits. These are worth studying repeatedly.

1. Two-way trading: Suitable for both bull and bear markets. Two-way trading is currently the most common trading method on GGtrade. It allows investors to trade based on market trends, profiting from both rising and falling prices. Furthermore, as the year draws to a close, GGtrade is offering a series of promotional benefits, such as a 20% increase in investment returns, which is a great boon for investors.

2. Holding Cryptocurrency: Suitable for both bull and bear markets. Holding cryptocurrency is the simplest yet most difficult strategy. It's simple because it involves buying one or a few cryptocurrencies and holding them for six months to a year or more without making any moves. Basically, the minimum return is at least ten times. However, beginners easily see high returns or encounter price drops and decide to switch or exit the market. Many people find it difficult to hold on for even a month, let alone a year. Therefore, this is actually the most difficult strategy.

3. Bull Market Buy-the-Dip Strategy: Only suitable for bull markets. Use a portion of your spare cash, preferably no more than one-fifth of your funds. This strategy is suitable for coins with a market capitalization between $20 and $100, as you won't be stuck with them for too long. For example, if you buy your first altcoin and it rises by 50% or more, you can switch to the next coin that experiences a sharp drop, and so on. If you get stuck with your first altcoin, just keep waiting; a bull market will definitely help you recover your losses. The prerequisite is that the coin isn't too unreliable. This strategy is actually difficult to control, and beginners should proceed with caution.

4. The Hourglass Method: Suitable for bull markets. In a bull market, almost any coin will rise. Funds are like a giant hourglass, slowly seeping into each coin, starting with the major coins. There's a clear pattern to coin price increases: leading coins rise first, such as BTC, ETH, DASH, and ETC, followed by mainstream coins like LTC, XMR, EOS, NEO, and QTUM. Then, coins that haven't yet risen generally see a surge, such as RDN, XRP, and ZEC, and finally, various smaller coins take turns rising. However, if Bitcoin has already risen, you should then choose the next tier of coins that haven't yet risen before starting to build your position.

5. Pyramid Bottom-Fishing Method: Suitable for predicting major crashes. Bottom-fishing method: Place orders to buy one-tenth of your funds at 80% of the coin price, two-tenths at 70% of the coin price, three-tenths at 60% of the coin price, and four-tenths at 50% of the coin price.

6. Moving Average Method: Requires some basic candlestick chart knowledge. Set the indicator parameters to MA5, MA10, MA20, MA30, MA60, and select the daily timeframe. If the current price is above the MA5 and MA10 lines, hold. If the MA5 falls below the MA10, sell the coin; if the MA5 rises above the MA10, buy to establish a position.

7. Aggressive Accumulation Method: Focus on coins you are familiar with; suitable only for long-term, high-quality coins. With available funds, if a coin is currently priced at $8, place a buy order at $7. Once the buy order is executed, place a sell order at $8.8. Use the profit to accumulate the coin. Release the available funds and wait for the next opportunity. Dynamically adjust based on the current price. If there are three such opportunities a month, you can accumulate a significant amount of coins. The formula is: entry price equals 90% of the current price, and selling price equals 110% of the current price!

8. ICO Violent Compound Interest Method: Continuously participate in ICOs. When the new coin's price increases by 3-5 times, take out the principal and invest in the next ICO. The profits will continue to be retained, creating a continuous cycle.

9. Cyclic Swing Method: Find coins similar to ETC (Electronic Toll Collection), buy more when the price keeps falling, buy more when it falls further, and then sell when you make a profit, repeating the cycle.

10. The "Small Cryptocurrency High-Profit Strategy": If you have 10,000 RMB, divide it into ten parts and buy ten different types of small cryptocurrencies, preferably priced under 3 RMB. After buying, leave them alone. Don't sell unless they increase 3-5 times. If they become stuck, don't sell; just hold them for the long term. If one coin triples in value, take 1,000 RMB of your initial investment and reinvest in the next small cryptocurrency. The compound interest returns will be phenomenal!

If you don't plan to leave the crypto world in the next three years and are determined to make crypto trading your second career, you must read these eight ironclad rules. They are practical tips for making a living through crypto trading, and I suggest you save them!

I. How Newbies Grow. Like the stock market booming in 1990 with the opening of the Shanghai Stock Exchange, people rushed in with sacks of cash. If you dared to buy, the stock market would make you money. Back then, everyone was a newbie, competing on vision ahead of their time and sheer courage. Short-term trading brought huge profits, long-term investing brought immense wealth, and a bull market could last for ten years. After those who profited in the first seven years cashed out, those who entered later underwent a full turnover, only to be trapped for five years. A chorus of lamentations ensued, with many feeling they were "buying the dip." Those who bought in back then had made money, but unfortunately, they encountered unreliable investors who wouldn't take the initiative. Their promise to hold on for ten years had to be abandoned. Now, most are in a period of full turnover. There's a final opportunity to make money, with a potentially crazy bull market to come; but there's also the high risk of being trapped. Capital isn't unlimited, and capital is profit-driven. When newbies flock in, it's all over the news, trending on social media. You, a complete novice, at the peak of a 24/7 marketplace, are messaging me asking about long-term holding? Dollar-cost averaging? My only advice is not to. The price is too high; no matter how you think about value investing, it will be wrong.

Second, do not over-leverage. Firstly, the current price of cryptocurrencies is high, and secondly, once you over-leverage, you are no longer trading the market trend, but rather human nature.

Third, knowledge of dollar-cost averaging in a bull market: because you understand, you dare; because you understand, you believe; because you understand, you can hold on. Dollar-cost averaging in a bear market lets time bring you returns.

Fourth, don't trust any charts I mention; they contain a lot of my subjective opinions. Also, don't trust analysts. The crypto market is a mixed bag. Mainstream exchanges offer commissions as high as 40%, second-tier exchanges offer 60%, and there are all sorts of fraudulent private placements and exchanges that run away with investors' money. Second, focus on execution, not prediction. Charts show you market volume and price relationships, the current atmosphere, and how to follow the trend. Charts aren't that complex; they simply provide reasonable entry and exit points and cost-effectiveness. Anyone telling you it will definitely be a bull market in three months is talking nonsense. They can only make predictions based on a few dimensions. Take it one step at a time. Charts don't lie about market tops and bottoms, or when to sell and accumulate.

Fifth, never be stuck in a fixed mindset. Every trader is constantly improving their strategy. If you think this will work this time and next time, you can only attribute it to luck. The most important things are always: 1. Position management – ​​ensuring you still have money left after losses. 2. Contract trading is gambling; winning is a low-probability event, while losing is the inevitable outcome. If you want to gamble, you're bound to lose. Personally, I'm not interested in multipliers at all; steady, consistent returns are what's worth the fuss.

Sixth, you must understand basic charts; they reflect the market dynamics. Bullish flag patterns and head and shoulders bottom/top patterns for entry and exit are easy to learn; they are the most basic and not difficult. Again, charts aren't that hard to understand.

VII. How to Obtain Valuable First-Hand Information. This only takes time. Time allows you to identify people and channels with genuine, effective first-hand information. What I have is simply what I've accumulated through trial and error. Good, valuable information primarily comes from connections in the exchange listing review process and good business managers, because the most profitable period for a coin is when it's listed on an exchange. Then there's the latest news, from Twitter and WeChat Moments; after all, being one step ahead in news releases means money. The information ordinary people receive is mostly mature, valueless information; it only has one function: good news becomes bad news. Therefore, a coin might fall even after it's listed on an exchange. Its greatest value is when a few people don't know about it. The news you see on CoinWorld is basically known to the entire market, causing a brief surge, and then it starts to fall. That's the reason—good news becomes bad news. It can also be understood as buying the rumor and selling the fact.

8. How to achieve risk-free arbitrage using the funding rate of perpetual contracts. There is no risk-free arbitrage. If we're talking about risk-free, OTC market makers might be considered risk-free, but there's still the risk of credit card transactions. The perpetual contract fee is the fee paid by the number of long positions to cover the short positions, guiding the market to avoid a one-way trend. Settlement occurs every 8 hours. A specific operation involves buying spot and then shorting the same amount in the contract, capturing the funding fee spread, which is generally around 0.1-0.2%. There's a situation where you can lose money. For example, if you capture the long position fee and open a short position in the contract, and the market surges, liquidating your short position, theoretically you've made a profit on your spot position. However, if the market then reverses and quickly falls, you lose money on your spot position, and the arbitrage fails. You could also simultaneously place a sell order at the liquidation price to sell your spot, incurring slippage losses from a market order. Of course, I'm talking about extreme cases, and the probability is very small. Furthermore, with exchange contracts, for example, a 5x leveraged contract doesn't necessarily require a 20% drop before liquidation; it might happen as early as 19.x. However, given the high fees, it is indeed a "risk-free" and profitable venture. In fact, mining often involves risk-free, high-profit activities, but it requires professional expertise to verify its legitimacy, something most people lack.

Finally, one more thing! How to set stop-loss and take-profit levels in trading!

1. Define your investment objectives: Before entering any trade, clarify your investment objectives and risk tolerance. This will help you determine reasonable stop-loss and take-profit points.

2. Technical Analysis: Use technical analysis tools, such as support and resistance levels, moving averages, and chart patterns, to help set stop-loss and take-profit points.

3. Fund Management: Determine the amount of money to trade each time based on your financial situation. It is generally recommended that the amount of money traded each time should not exceed 1-2% of the total funds.

4. Dynamic adjustment: Market conditions are constantly changing, so stop-loss and take-profit points should also be dynamically adjusted according to market changes.

5. Psychological preparation: Be prepared to accept stop-loss and take-profit orders, and don't let momentary emotions affect your trading decisions.

Professional strategy advice

1. Percentage-based stop-loss method: Based on your investment goals and risk tolerance, set a loss percentage, such as 2% or 5%. When the loss reaches this percentage, the stop-loss will be automatically triggered.

2. Time-based profit-taking method: Set a reasonable time frame, such as one week or one month. If the expected profit is not achieved within this time frame, consider closing the position.

3. Target price profit-taking method: Based on market analysis, set a reasonable target price. When the price reaches or exceeds this target price, the profit-taking is triggered.

In the crypto world, it all boils down to a battle between retail investors and market makers. If you don't have exceptional technical skills, you'll only get fleeced! If you're interested in strategizing together and profiting from market manipulation, follow Wenjing. We welcome like-minded crypto enthusiasts to discuss this together!

The martial arts manual has been given to you all; whether you can become famous in the martial arts world depends on yourselves.

Be sure to save these methods and review them multiple times. If you find them useful, please share them with other cryptocurrency traders. Follow me to learn more about the crypto world. I'm here to help those who are already struggling in the market! Follow me, and let's journey together in the crypto world!

Wenjing is focusing on spot trading of Ethereum futures contracts; the team still has spots available, so get on board quickly! #比特币波动性 $ETH