It has been more than ten years since I started trading cryptocurrencies. From experiencing liquidation to achieving financial freedom, I have been supporting my family through trading. By 2024, my capital has multiplied by 50 times. If it weren't for withdrawing funds twice to buy a house, it should have been 85 times.
Steps for rolling positions:
1. Choose a target: Select a cryptocurrency that you believe will rise in the future.
2. Initial purchase: Use all your funds to buy this cryptocurrency.
3. Set a stop loss: Set a stop loss below the purchase price to limit your losses.
4. Monitor the market: Continuously monitor market trends.
5. When the price rises: If the price reaches your preset target, use part of the profits to increase your position and buy more $ETH .
6. Repeat steps 4 and 5: Continue to monitor the market and increase your position when the price rises $BTC .
The art of rolling positions cannot be mastered on a whim. It requires the right timing, location, and cooperation to increase your odds of success. Here are four golden opportunities for rolling positions:
(1) Breakthrough after long-term consolidation: When the market has been in a consolidation phase for a long time and volatility drops to a new low, once the market chooses a breakout direction, it is time to consider rolling positions. #币圈
(2) Buying the dip during a bull market: During the waves of a bull market, the market experiences a strong rise followed by a sudden drop. At this point, consider using a rolling position strategy to seize the opportunity to buy the dip. #币圈暴富
(3) Breakthrough on the weekly chart: When the market breaks through key resistance or support levels on the weekly chart, it is like breaking through a solid defense line. At this time, rolling positions can capture this breakout opportunity. #比特币
(4) Market sentiment and news events: When market sentiment is as changeable as the weather, or there are major news events and policy changes that could shake the market, rolling positions can become a powerful tool in your hands. #特朗普马斯克分歧