280,000 to 3.7 million: The Harsh Reality of Rolling in the Crypto World
In the crypto world, some people get rich by rolling their positions, but more fail along the way. Last year, a trader turned an initial investment of 280,000 into 3.7 million through three rolls. However, the same method could lead another person to lose everything.
Why do most people fail to make money?
1. Overconfidence
- Studying candlestick patterns, investing in small coins, waiting for airdrops, but ignoring genuine opportunities
- Satisfied with earning 20% in spot trading, yet hesitant to roll for 500%
- Panicking and cutting losses during sharp declines, while others wait to pick up cheap chips
2. Incorrect Trading Habits
- Running after a small profit, but stubbornly holding onto losses
- High leverage on altcoins, holding the record for the fastest liquidation
- Frequent trading, with fees eating up most of the profits
The Core Logic of Rolling Positions
1. Opportunities are few, but must be seized
- There are only 2-3 significant market movements in the crypto world each year
- Initial investment should not exceed 20% to avoid going to zero on a single mistake
- Use contracts to amplify returns, rather than blindly increasing positions
2. Strictly Execute Trading Discipline
- Position Building: Only trade BTC/ETH, initial position 10%-20%, stop loss 5%
- Position Addition: Add to positions only when breaking previous highs with increased volume, while moving the stop loss to the cost line
- Taking Profit: Exit when falling below the 7-day moving average, rely on rules not feelings
Real Cases: Some made 3.7 million, while others are left with only 600,000
- In January 2023, BTC weekly broke through, 280,000→3.7 million
- In May 2023, before the ETH Shanghai upgrade, 3.7 million→14 million
- In October 2023, due to SEC ETF expectations, 14 million→37 million
But with the same strategy, some who reached 3.7 million did not take profits, ultimately retracting to 600,000—greed is more fatal than loss.
Can you do it?
Rolling is not gambling, but a high-risk trading strategy that requires:
- Calm Execution: Stay composed during sharp drops, not greedy during surges
- Strict Discipline: Execute stop loss, position addition, and profit-taking according to rules
- Psychological Quality: After earning 1 million, still able to turn off the computer and sleep
If you can't do it, then rolling may not be suitable for you. In the crypto world, surviving longer is more important than making quick profits.
