In simple terms, rolling in the cryptocurrency market is 'using the money earned from trading cryptocurrencies to continue investing, allowing profits to snowball', but in essence, it's using profits to amplify risk exposure.
Let me give you a relatable example to help you understand instantly:


First, let's look at an analogy of 'roasted sweet potatoes' (a no-risk version of rolling).

Assume you are selling roasted sweet potatoes by the roadside. On the first day, you used 100 yuan as capital to buy 20 jin of sweet potatoes (5 yuan/jin) and made a profit of 50 yuan after selling them all.
- Regular operation: Put the 50 yuan profit in your pocket and continue to use the 100 yuan capital to purchase goods on the second day.
- Rolling operation: Invest the 50 yuan profit as well, and buy 30 jin of sweet potatoes (5 yuan/jin) with 150 yuan on the second day. If the sales volume remains the same, you can earn a profit of 75 yuan on the second day.
The key here is: use yesterday's profit to expand today's business scale and earn more money—similar to the logic of rolling in the cryptocurrency market, but with risks 100 times more severe.


Practical case in the cryptocurrency market: USDT-based rolling (assuming you are a conservative player)
Premise: You use 10,000 USDT (capital) to buy a certain token A at a price of 1 USDT/token, holding 10,000 tokens.

First wave of market: Token A rises to 2 USDT.
- Current assets: 10,000 tokens × 2 USDT = 20,000 USDT (capital 10,000 + profit 10,000).
- Rolling operation: Do not sell the capital, **only reinvest the profit of 10,000 USDT** to buy another 5,000 tokens A (2 USDT/token), making the total holding 15,000 tokens.

Second wave of market: Token A rises to 3 USDT.
- Total value: 15,000 tokens × 3 USDT = 45,000 USDT.
- Compared to not rolling: If you only take the capital of 10,000 tokens, the value would be 30,000 USDT, **rolling results in an additional profit of 15,000 USDT (50% increase in earnings)**.

Risk scenario: Token A falls from 2 USDT back to 1 USDT.
- Holding after rolling: 15,000 tokens × 1 USDT = 15,000 USDT (capital of 10,000 still exists, but the entire profit of 10,000 is wiped out).
- In the case of not rolling: 10,000 tokens × 1 USDT = 10,000 USDT (capital preserved, profit reduced to zero).
Conclusion: Rolling amplifies profits during an uptrend, but in a downtrend, it can 'consume' more profits, even making you question your life.


A unique feature of the cryptocurrency market: 'contract rolling', a more speculative version.
Many people use **contract (with leverage) rolling**, for example:
You use 1,000 USDT as capital to open a 10x leverage position on token B (price 10 USDT/token), equivalent to holding a position of 10,000 tokens B.

First wave of increase: Token B rises to 15 USDT.
- Profit: (15-10) × 10,000 tokens = 5,000 USDT, at this point the account has 6,000 USDT (1,000 capital + 5,000 profit).
- Rolling operation: After closing the position, use 6,000 USDT to open a 10x leverage, equivalent to holding a position of 60,000 tokens B (15 USDT/token).

Second wave of increase: Token B rises to 20 USDT.
- Profit: (20-15) × 60,000 tokens = 30,000 USDT, total earnings are 30 times the capital.
Risk explosion scenario: Token B falls from 15 USDT back to 12 USDT.
- Contract forced liquidation line: Assuming at 12 USDT, your margin is insufficient to maintain the position, resulting in a direct liquidation, losing all 1,000 capital + 5,000 profit.
Key point: Contract rolling is 'using profit with higher leverage'. It seems to amplify earnings, but in reality, it's dancing on the edge of a knife—joyous when prices rise, but leaving nothing when prices fall.


Why is rolling in the cryptocurrency market riskier?
1. 24-hour trading + no limit on price fluctuations: Stocks can drop a maximum of 10%, but cryptocurrencies can crash by 50% in the early morning, without giving you a chance to close your position.
2. The project party is more ruthless: Stocks have a delisting mechanism, while in the cryptocurrency market, project parties can directly crash the price (e.g., a certain team suddenly sells 90% of the tokens), trapping those who are rolling at the peak.
3. Emotional amplification effect: Retail investors in the cryptocurrency market are more easily driven by FOMO (fear of missing out). When prices rise, they want to earn more; when prices fall, they want to increase their positions to break even, ultimately turning rolling into 'rolling off a cliff'.


In simple terms: Rolling is like driving fast; exhilarating but easy to crash.

- Suitable scenario: You are very sure that a certain token is in a one-sided bull market (like BTC rising from 30,000 to 60,000 in 2021), and you can strictly set stop losses.
- Risky scenario: Following trends to chase hot meme coins, using contract rolling to gamble, fantasizing about 'rolling to financial freedom in one go'.
Final reminder: 90% of market movements in the cryptocurrency space are sideways. Rolling in a sideways market is like a 'profit shredder'. Newbies wanting to test the waters should remember: rolling with profits is possible, but don't joke with your capital, and definitely don't touch contract rolling!


Want to double your account, want to enjoy big profits, want to successfully break even.

Stay close to the old trends, preemptively position yourself for the main bull market!