With 3,000, it is recommended to do rolling positions. Before doing so, understand what rolling positions are. For example, if you only have 50,000, how to start with 50,000? First, this 50,000 should be your profit. If you are still at a loss, then don't look further.
If you open a position in Bitcoin at 10,000 with 10x leverage, using a fractional position mode, only opening 10% of the position, that is, only opening 5,000 as margin, this is equivalent to 1x leverage, with a 2% stop loss. If you hit the stop loss, you only lose 2%, just 2%? 1,000. How do those who face liquidation actually get liquidated? Even if you get liquidated, isn't it just a loss of 5,000? How could it all be lost?
If you're right and Bitcoin rises to 11,000, you continue to open 10% of the total capital, similarly set a 2% stop loss. If you hit the stop loss, you still earn 8%. What about the risk? Isn't the risk very high?
Rolling positions sound scary, but in other words, it's adding to a position with unrealized gains. Saying it this way sounds much better. Adding to a position with unrealized gains is just a common method in futures trading. You don't have to maintain 5-10x leverage; only two or three times is needed. The goal is to maintain the total position at two to three times with unrealized gains. Playing Bitcoin is relatively safe, as long as you have enough patience. Time is your friend; the profits from rolling positions are huge. As long as you can roll successfully a few times, you can earn at least tens of millions to billions. Therefore, you shouldn't roll easily; look for opportunities with high certainty. High certainty opportunities refer to a sharp drop followed by sideways fluctuations, multiple tests of the bottom, and then an upward breakthrough. At this time, the probability of following the trend is very high.
To earn 1,000,000, you only need to invest 50,000, and this 50,000 can also be done without risk. You can first invest 100,000, wait for an opportunity when the crypto space kills retail investors, buy the spot to earn 100,000 in profit, then use 50,000 of the 100,000 profit to gamble. To make big money, you must gamble. When good opportunities arise, roll positions using two to three times leverage once or twice to come out ahead.
Lost 50,000 in bets, reinvest another 50,000 to gamble. If all profits are lost, stop and continue to earn profits from the 100,000 principal to gamble.
It's easier said than done, but this requires unimaginable patience. Such a model allows you to exist in the crypto space with the potential for wealth without taking on the risk of catastrophic losses. Don't hoard cryptocurrencies; those who hoarded two years ago have just returned to break even. Even if you invest regularly until the peak of a bull market, you won't see multiple returns.
When is the right time to catch the bottom? It's still the same saying: confused and helpless without knowing how to open positions, click on my avatar to follow me. I need fans, you need references; blind guessing is not as good as following the right people! Following the right people is very important!