I have been trading cryptocurrencies for over 10 years, and through trial and error, I have summarized the (mindless rolling position method): 300 times in 3 months, earning 30 million. If you also want a piece of the pie in the cryptocurrency market, spend a few minutes reading this article carefully; it will benefit you for a lifetime!

Adjusting positions

Let's get straight to the most critical step—how to achieve rolling positions through adjusting holdings.

1. Timing: Enter the market only when the conditions for rolling positions are met.

2. Opening positions: Follow the signals from technical analysis to find the right timing to enter the market.

3. Increasing positions: If the market moves in your direction, gradually increase your position.

4. Reducing positions: When you have made the expected profit or the market seems a bit off, slowly sell.

5. Closing positions: When you reach your target price or the market is clearly about to change, sell everything.

I will share my insights on how to operate specifically:

(1) Add more after making money: If your investment rises, you can consider adding more, but the premise is that the cost has come down and the risk is lower. Not every time you make a profit should you add more; rather, you should do so at the right moment, such as at a breakout point in a trend—if it breaks out, quickly reduce, or add during a pullback.

(2) Base position + trading: Divide your assets into two parts; one part is kept untouched as a base position, while the other part is traded during market price fluctuations, thus reducing costs and increasing profits. There are several ways to divide:

1. Half position rolling: Hold half of the funds long-term, while trading the other half during price fluctuations.

2. 30% base position: Hold 30% of funds long-term, using the remaining 70% for buying and selling during price fluctuations.

3. 70% base position: Hold 70% of funds long-term, using the remaining 30% for buying and selling during price fluctuations.

The purpose of doing this is to maintain a certain position while using short-term market fluctuations to adjust costs, optimizing the position.

How do cryptocurrency traders grow?

The practice volume must be large, must be large, must be large, must be large, must be large; important things are worth repeating five times.

A lot of practice can help you solve many things.

1. Daydreaming

I have seen some traders who, for some reason, like to talk about trading, saying things like this is how to do it, that's how to do it, but when it comes to actually doing it, they behave very differently. Such traders are plentiful, so practice more, and you won't have time to daydream about how you trade or how perfect it is.

2. Breaking superstitions

Frequent trading can break superstitions, such as whether moving averages are support or resistance, whether previous highs are support or resistance. For example, whether trading should be within your capability—these are all superstitions. Why? Because with a lot of practice, you will naturally understand.

3. Gain rich experience

There is a saying—if I were a screenwriter, I wouldn't dare to write this. What does it mean? Often, you rely on logic to guess the truth of what others say, which is exhausting. A lot of practice brings rich experiences, so when what others say aligns with your experiences, you can understand the meaning of their words much better than simply discussing it. Of course, not everyone dares to practice a lot; some might say that a lot of practice incurs high fees and works for the exchange, while others say that a lot of practice leads to more losses. Some say they are very scared of practicing a lot.

We utilize the good side of mistakes—lessons, and control the bad side of mistakes—losses.

A good trader is the one who knows best how to use stop-losses.

All traders who establish a correct learning mechanism can grow faster than others.

Risk management

Risk management, simply put, involves two things: total position control and fund allocation. Ensure that your total investment does not exceed the risk you can bear, and allocate funds wisely; do not put all your eggs in one basket. At the same time, always pay attention to market dynamics and changes in technical indicators, flexibly adjusting strategies based on market conditions, and if necessary, stop losses or adjust investment amounts in a timely manner.

Many people may feel both excited and scared when they hear about rolling positions, eager to try but worried about risks. In fact, the rolling position strategy itself is not very risky; the key lies in the use of leverage. If used appropriately, the risks can be fully controlled.

For example, if I have 10,000 yuan in capital and open a position when a coin's price is 1,000 yuan, using 10x leverage, but only using 10% of my total funds (i.e., 1,000 yuan) as margin, I have actually only used 1x leverage. If I set a 2% stop-loss, once the market turns unfavorable, I would only lose 2% of this 1,000 yuan, which is 200 yuan. Even in the worst-case scenario, if liquidation conditions are triggered, the loss would only be 1,000 yuan, not all my funds. Those who face liquidation often do so because they used too high leverage or had too heavy a position; even a slight market fluctuation can trigger liquidation. But following this method, even if the market is unfavorable, your losses are limited. So, whether you use 20x leverage or 30x, or even 3x or 0.5x, the key is whether you can use leverage and control positions appropriately.

Above is the basic operation process for rolling positions. Friends who are interested can take a look and study it carefully. Of course, everyone might have different opinions; I am just sharing my experience and not trying to persuade anyone.

How to make small capital grow larger? Compounding effect.

If you have a coin that doubles in value every day, after a month, its value will be astronomical. It doubles on the first day, then again on the second day, and continues this way; the final number will be astonishing. This is the magic of compounding. Even if you start with a small amount, as long as you keep doubling, you'll eventually accumulate an incredible number.

For those who don't have much capital but want to enter the market, aim for big goals. Many people think small capital should lead to frequent short-term trading for quick gains, but in reality, medium to long-term might be more suitable. Instead of making small profits daily, it's better to focus on achieving several times growth in each trade; what we want is exponential growth.

In position management, the first step is to diversify risks; do not put all your funds on one trade. You can divide your funds into three to four portions, using only one portion for each trade. For example, if you have 40,000, divide it into four parts and use only 10,000 for each trade.

Use leverage moderately. The leverage for mainstream currencies should not exceed ten times; for small coins, it should not exceed four times.

Adjust dynamically. If you incur losses, supplement with an equivalent amount of funds from the outside; if you make a profit, withdraw some appropriately. Regardless, don't let yourself fall into losses.

When your funds grow to a certain extent, you can consider gradually increasing the amount for each trade, but don't increase too much at once; it should be gradual.

Through reasonable position management and sound trading strategies, small capital can gradually achieve significant appreciation. The key is to patiently wait for the right moment and focus on the big goals for each trade, rather than small daily profits.

In life, you have to experience ups and downs to gain great enlightenment! As long as you don't give up, the more you try, the closer you get to success. What makes a person great in life is not having done something, but having dedicated their life to doing that one thing.