Summary of 8 years of experience in the cryptocurrency world: How to start with 60,000 and steadily roll over to make big money?
After 8 years of experience in the cryptocurrency world, I'm in a good mood today and would like to share some insights on trading cryptocurrencies. Suppose you currently have 60,000, how can you start with this 60,000? [Premise: This 60,000 is your pure profit; if you are at a loss, don’t read further.]
Introduction to leveraged trading: How to reasonably use 60,000 in funds.
Assuming the price of Bitcoin is 10,000, open a 10x leverage position, but only use 10% of your total funds to open a position (i.e., 6,000 margin). This is effectively equivalent to 1x leverage; even with a 2% loss, you would only lose 1,200. At this point, the risk of liquidation is very small!
Here comes the question: Why did others face liquidation?
Even if you truly face a liquidation, you will only lose a maximum of 6,000; how could you lose everything? Therefore, the risk is not as great as everyone imagines; the key is to reasonably control position size and leverage.
Floating profit increase: Let your profits snowball.
If the price of Bitcoin rises to 11,000, you can open a position with another 10% of your funds and set a 2% stop-loss. With this stop-loss, you still earn 8% (which is 4,800). This is floating profit increase, not merely increasing leverage, but increasing positions when profitable.
Why do this?
Leverage does not have to be maintained at 5-10 times; 2-3 times is sufficient. The key is to continuously maintain a rolling position strategy and increase the total position through floating profit increases.
Identify high-certainty opportunities to roll over and make big money.
What is a truly high-certainty opportunity?
For example: sideways fluctuations after a sharp drop, after the market repeatedly tests the bottom, begin to break upward. At this time, the probability of entering a trend is very high, making it a worthwhile opportunity.
Practical skills: How to turn 100,000 into 1,000,000?
If you want to earn 1,000,000, actually 100,000 is enough! You can use this 100,000 capital, wait for the opportunity when the B circle kills retail investors, buy the spot and earn 100,000 in profit, then use this 100,000 profit for leverage.
If you want to earn more, you can choose 2-3 times leverage. With this profit, you can continue to roll over and grow larger. Of course, risks are present; if you lose 50,000 in profit, don’t panic, you can invest another 50,000 to continue.
But the most important point: have extraordinary patience. Rolling positions is a process of time accumulation; take it slow, and making big money is achievable!
Summary:
Reasonably control position size and leverage; risks are manageable, and returns are expected.
Floating profit increase, maximizing the use of funds through profit rolling.
Patiently wait for high-certainty opportunities, such as upward breakthroughs after fluctuations.
Achieve rolling profits step by step, steadily accumulate wealth.
Special Reminder: The above content is only for sharing experiences and does not constitute any investment advice. Investment carries risks, and one must be cautious when entering the market!