If you want to make 1 million from a few thousand yuan in the cryptocurrency circle, there is actually only one way - rolling positions.
When you really have 1 million, you will find that life is completely different. Even if you don't play with leverage, just take the spot price to increase by 20%, that is 200,000, and ordinary people may not be able to make so much in a year with 200,000.
Moreover, if you can make 1 million from tens of thousands of yuan, then you must have figured out the routine of making big money, and your mentality will be much more stable. The next step is copying and pasting. Don't always think about tens of millions or hundreds of millions. You have to start from reality. Bragging is useless, but bulls are quite comfortable to hear. You have to learn to identify the size of opportunities in trading. You can't always have a light position, nor can you always have a heavy position. Usually do small things, wait for the big opportunity to come, and then do a big job.
For example, rolling positions, this thing can only be used when a big opportunity comes, and you can't roll it every day. It doesn't matter if you miss it once or twice. As long as you roll it successfully three or four times in your life, you can go from 0 to tens of millions. Tens of millions are enough to make an ordinary person rich.
So when is it suitable to roll positions? There are three situations:
1. When the volatility is extremely low after a long period of sideways trading, and then suddenly chooses a direction;
2. When the market rises sharply in a bull market and then falls sharply, when you are bottom-fishing;
3. When the major resistance or support level at the weekly level is broken.
Except for these three situations, don't touch other opportunities, the chance of winning is too low.
Simply put, rolling positions means that in a trending market, after making a lot of money with leverage, because the overall leverage is passively reduced, in order to continue compounding, you add positions at the right time. The process of adding positions is called rolling positions.
There are two specific operations:
Adding positions with floating profits: After making some money, you can consider adding positions, but you must ensure that the cost has been reduced and the risk of loss is small. Don't add positions blindly as soon as there is profit, you have to choose the right time.
Base position + T rolling position: Divide the money into several parts, leave a part of the base position unchanged, and sell high and buy low in the other part. The specific proportion depends on your risk tolerance and the amount of funds, such as half-position rolling, 30% base position rolling or 70% base position rolling.
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