Want to make 1,000,000 from 10,000 in the cryptocurrency world? Sounds a bit like a fantasy, right? But actually, it's possible if you choose the right path! Today, let's talk about those tricks in the cryptocurrency world that can help you turn small amounts of money into larger ones.
Rolling positions is the 'wealth secret' in the cryptocurrency world. For example, if you have 10,000 yuan, start with a small position of 1,000 yuan. If the market is good and you make a profit, increase your position using the earned money each time. This way, your 10,000 yuan might just become 1,000,000.
Rolling positions requires spotting opportunities and not blindly messing around. If the market is not good, don't force it. Remember, the cryptocurrency market needs a bit of luck, but more importantly, patience and strategy.
Don't rush to get rich overnight. Start with a few tens of thousands and accumulate slowly. Once you have 1,000,000 in capital, you'll find that your living situation is completely different. Even without leverage, just holding spot assets can earn you 200,000 with a 20% increase. This 200,000 could be a year's income for most people.
During trading, you need to learn to judge the size of opportunities. You can't always trade with small positions nor can you just go all in. It's fine to make small trades regularly, but when an excellent opportunity arises, go all out.
Rolling positions require patience; the profits are huge, but opportunities are rare. Don't act rashly; look for high certainty opportunities.
High certainty opportunities usually occur after a sharp drop in prices followed by sideways consolidation, then a breakout upwards. At this point, the probability of a price increase is high, so be bold.
Rolling positions only goes long, not short, to avoid unnecessary risks.
Many people think rolling positions are risky, but that's not the case. When used properly, leverage can keep risks very low.
Keep the funds in the futures account within 2% of the total capital, use two to three times leverage, and focus on Bitcoin trading, which keeps the risk very low.
The fund amount in the spot account can be larger, for example, between 300,000 to 1,000,000. If you incur losses in the futures account, you can use the profits from the spot account to make up for it.
After making a profit in futures trading, withdraw a portion of the earnings to keep separately, so that even if you face liquidation, it won't affect your overall capital.
Turning 10,000 into 1,000,000 in the cryptocurrency market sounds difficult, but it really is possible if you choose the right path. Rolling positions, accumulating patiently, seizing opportunities, using leverage wisely, and controlling positions... these strategies are simple and practical, hoping to help you find your own opportunities in the cryptocurrency world, getting started easily and profiting steadily!
The team is consistently profitable every day! Keep eating meat. If you're confused about current trades and want to eat meat to recover losses, comment below 🚗!!!
