In the crypto world, if you want to make 1 million in capital but only have tens of thousands, there is only one way to make that 1 million.
That is to roll your positions.
Once you have 1 million in capital, you will find that your entire life seems to change. Even if you don't use leverage, a 20% increase in spot trading means you have 200,000. 200,000 is already the income ceiling for most people in a year.
Moreover, when you can grow from tens of thousands to 1 million, you will grasp some ideas and logic for making big money. At that point, your mindset will also calm down a lot, and from then on, it’s just a matter of copying and pasting.
Don’t always think about millions or a billion; you need to start from your actual situation. Bragging only makes the braggers feel good. Trading requires the ability to recognize the size of opportunities; you can’t always be lightly invested or heavily invested. Usually, play with a small position, and when a big opportunity comes, then pull out your artillery.
For example, rolling positions is something that can only be done when a big opportunity arises. You can't keep rolling; missing an opportunity is okay, because in your lifetime, you only need to roll successfully three or four times to go from zero to tens of millions. Tens of millions is enough for an ordinary person to upgrade to the ranks of the wealthy.
A few points to note about rolling positions:
1. Sufficient patience; the profits from rolling positions are huge. As long as you can roll successfully a few times, you can earn at least tens of millions to hundreds of millions, so you shouldn't roll easily; look for high certainty opportunities.
2. High certainty opportunities refer to a sharp drop followed by sideways consolidation, then a breakout upwards. At this time, the probability of following the trend is very high. Find the right point for trend reversal and get on board from the start.
3. Only roll long positions.
▼ Risks of Rolling Positions
Let's talk about the rolling position strategy. Many people think this is risky, but I can tell you the risk is very low, much lower than the logic of futures trading.
If you only have 50,000, how to start with 50,000? First, this 50,000 should be your profit; if you’re still at a loss, don’t bother looking.
If you open a position in Bitcoin at 10,000 with a leverage setting of 10 times, using a cross margin model and only opening 10% of your position, that means you are only using 5,000 as margin, which actually equals 1x leverage. With a 2% stop-loss, if you stop out, you only lose 2%, just 2%? That’s 1,000. How do those who get liquidated actually get liquidated? Even if you get liquidated, isn’t it just a loss of 5,000? How can you lose everything?
If you are correct and Bitcoin rises to 11,000, you continue to open 10% of your total capital, and similarly set a 2% stop-loss. If you stop out, you still gain 8%. Where’s the risk? Didn’t they say the risk is huge? And so on...
If Bitcoin rises to 15,000 and you successfully increase your position, in this wave of 50% movement, you should be able to earn around 200,000. Capture two such movements, and you are around 1 million.
The 100 times is achieved through two 10 times, three 5 times, and four 3 times, not by compounding 10% or 20% every day or month; that’s nonsense.
This content not only has operational logic but also contains the core internal skills of trading, position management. As long as you understand position management, you cannot lose everything.