With 3,000, you might consider rolling over your position. Before doing so, understand what rolling over means. For example, if you only have 50,000, how do you start with that? First, this 50,000 should be your profit. If you're still at a loss, then don’t even look.
If you open a position in Bitcoin at 10,000 with a leverage of 10 times, using the isolated margin mode and only opening 10% of your position, that means you're only using 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 1,000. How do those who get liquidated end up completely losing everything? Even if you get liquidated, isn't it just a 5,000 loss? How can you lose it all?
If you're right and Bitcoin rises to 11,000, you continue to invest 10% of your total capital, setting a 2% stop-loss. If you hit the stop-loss, you've still made 8%. What about the risk? Didn't they say the risk is very high?
Rolling over sounds scary, but to put it another way, it's adding to your position with unrealized gains. This way of thinking is much better; adding to your position with unrealized gains is just a common practice in futures trading. You don't have to maintain 5-10x leverage; 2-3 times is sufficient. The key is to maintain your total position at 2-3 times with unrealized gains. Playing with Bitcoin is relatively safe; you need to have enough patience. Time is your friend. The profits from rolling over can be enormous; if you can roll over successfully a few times, you can earn tens of millions to billions. Therefore, you shouldn't roll over easily; you need to find opportunities with high certainty. High certainty opportunities refer to rebounds after significant drops, multiple bottom tests, and then upward breakthroughs. At this point, the probability of trend-following is very high.
To earn 1,000,000, you only need to invest 50,000, and this 50,000 can be done without risk. You can first invest 100,000, wait for a chance when the cryptocurrency market kills retail investors, then buy spot and earn 100,000 in profit. Then use 50,000 of that 100,000 profit to gamble. To make big money, you must take risks, and when good opportunities arise, roll over using 2-3x leverage a couple of times to emerge successfully.
If you lose 50,000 in bets, don't invest another 50,000 to gamble; once your profits are all gone, stop. Continue to rely on 100,000 in capital to earn profits to gamble.
It's easier said than done, but this requires an unimaginable amount of patience. Such a model allows you to exist in the cryptocurrency world with the potential for sudden wealth without bearing the risk of significant losses. Don't hoard cryptocurrencies; those who hoarded two years ago are just breaking even now, and even if you dollar-cost average into the peak of a bull market, you won't see several times the return.
If you want to seize this round of the bull market, it's definitely too late to learn and apply on your own. It would be best to have someone guide you through a quick introduction.
