In the winter of 2018, at 3:27 a.m., BTC broke through 3120 dollars. My phone vibrated, the screen flickered—liquidation notice. 500,000, three months, down to zero. I stared at the K line, my finger trembling, as the snow fell silently outside.
Three months ago, I was an inflated "new rich" in the crypto world, leveraging ETH, rolling from 50,000 to 500,000, even eyeing luxury apartment layouts. Until that candlestick taught me: from heaven to hell, it only takes one K line.
—— "Xiao Zhang, playing Bitcoin?" The next day, Old Li, looking like a cleaning monk, stopped me downstairs of the company, his eyes sharp. He pulled out a soft classic, lit it in the cold wind: "Ten years ago, I played futures; I was worse off than you. Do you know why 90% of people end up losing? Because they bet their lives on the market."
He wrote five characters in my palm: "Rolling positions, not lives."
"Being alive is more important than making money."
—— These five characters became my turning point.
[In 2021, the same winter night]
At three in the morning, the account balance is 8 million. I stare at the screen, tears hitting the keyboard. Three years, the rolling warehouse strategy helped me climb out of a million in debt and become completely free.
Here are all my insights, with no reservations:
1. Rolling position strategy: The nuclear weapon for retail investors
Traditional finance teaches people to "buy low and sell high," but the real wealth code in crypto is "roll profits into a snowball." This is not metaphysics; it's mathematics.
My practical case:
In March 2020, BTC dropped to 3800 dollars. I bet 20,000 dollars, increased my position three times, and my assets exceeded 8 million when it hit 65,000 dollars. Key points:
Breakthrough after a deathly sideways market (volatility compressed to the extreme)
Bull market golden retracement (20%-30% pullback)
Weekly line breaks previous high (trend confirmation)
2. Risk control: Preserve life to win
"Is rolling positions = high risk?" — Wrong. The real risk is ignorance and greed. My iron rule:
Leverage no more than 3 times (commonly 1.5-2 times)
Single position ≤ 5% of principal
Move stop loss (preserve capital after 50% profit)
Comparison experiment:
100,000 principal × 10x leverage: one mistake, liquidation.
100,000 principal × 3x leverage: can withstand 33% reverse volatility.
This is why I survived during the 312 crash.
3. The ultimate ability of a trader: countering human nature
The difference between professional players and retail investors is not skill, but discipline:
Don't take the fish head and fish tail (give up perfect trading)
Small losses, big gains (muscle memory)
Missing out does not hurt (strong mentality)
Psychological test:
Holding a position with 30% profit, suddenly pulling back to 15% —
✅ Veteran: Move stop loss up, wait for the flowers to bloom
❌ Newbie: Panic close, miss 300%
4. My rolling position manual (recommended to engrave in your mind)
Establish position:
Initial position ≤ 2% of funds
Stop loss set 3% below the support level
Increase position:Confirm after breaking through key levels and pulling back
Three consecutive K lines in the same direction
Take profit:Preserve capital after 50% profit
Withdraw in batches after 100% profit
Last month, SOL broke through 85 dollars. I decisively increased my position, five times in three weeks. When the trend comes, you must be present.
Final words
I know you might be:
Still struggling to break even
Numbed by various "teachers"
Doubting whether to give up
But I want to say: If I could climb out of a million in debt in 2018, why can’t you?
The darkest time in the crypto world is often just before dawn.
Remember: rolling positions, not lives.
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