Seven years ago, like all newcomers, I watched Bitcoin rise from 789 to 19783. FOMO (fear of missing out) struck, and I went all in, only to see a 40% drop a week later... But now my investment portfolio has outperformed the market by 470%, and the key is the rolling position manipulation method:
Floating profit increase: After gaining floating profits, one can consider increasing positions. However, before increasing, it is necessary to ensure that the holding cost has been lowered to reduce the risk of losses. This does not mean to blindly increase positions after making profits, but to do so at the appropriate moment.
Base position + rolling operation: Divide the funds into several portions, leaving some of the base position unchanged while using the other portion for high sell-low buy operations.
The specific ratio can be chosen based on individual risk preferences and capital size. For example, one can choose to roll half of the position, roll a three-part base position, or roll a seven-part base position, among other methods. This operation can reduce holding costs and increase returns.
The ‘appropriate time’ is defined mainly in two ways, in my opinion:
1. Increase positions during converging breakout trends, and quickly reduce the additional positions after the breakout to capture the main upward wave.
2. Increase trend-based positions during pullback trends, such as buying in batches during moving average pullbacks.
There are various specific operations for rolling positions, the most common being to achieve this through position adjustments. Traders can gradually reduce or increase their position size based on market conditions to achieve profitability. Traders can also use trading tools such as leverage to amplify returns, but this also increases risk.
Increased risk.
Three factors to pay attention to in trading:
First, the factor is mindset.
Secondly, the truth about human nature.
Thirdly, be diligent in learning and enhance your understanding.
I will publicly share my ten years of cryptocurrency trading experience. Today, I will deeply analyze the iron rules and trading strategies of cryptocurrency trading that have been tested by market storms, hoping to illuminate the path for everyone on their investment journey in the crypto space, helping everyone avoid detours and significantly increase their chances of profits.
One cannot accomplish great things alone; a solitary sail cannot travel far! In the crypto space, if you do not have a good circle or insider information, then I suggest you follow me. I will help you succeed without cost, and you are welcome to join the team!!!
