$BTC days to speak some hard truths. The flashy things in the crypto world, short-term trading, and hidden scams may fool children, but do you think you can turn a few tens of thousands into millions? Dream on! The only thing that can save you is trend-following and rolling positions.
Do the math: with a principal of 50,000, do you expect to earn 10% daily from short trading? Nonsense! Nine and a half out of ten will end up losing everything. But if you can hold on and wait for a decent market wave, a 50% increase can turn 50,000 into 200,000 using rolling methods. If you get another wave like that, 200,000 can become 1 million. Finally, with one last push, 1 million can turn into 5 million. This is what it means for a poor person to defy the odds; everything else is bullshit.
Rolling positions doesn't mean you should be messing around every day. It means you should hold on like a wolf, waiting for that absolutely certain big opportunity!
How to do it? Let's take 50,000 as an example:
Don't be greedy on the first bite; aim for 10%.
Every time the price rises by 15%, put in another 10% of your principal.
If things start to go south and you lose 2%, cut your losses immediately; don't be stupid and hold on.
If you really catch a wave of 50%, turning 50,000 into 200,000 is not a dream.
Remember:
Don't go all-in with leverage from the start; that’s like looking for death!
Once you make money, take some out to secure your gains!
If you miss an opportunity, so be it; don’t act like your father just died. Catching two or three opportunities in a year is enough to fill you up!
Control your hands to survive and make money.
Don't throw all your meal money into contracts! What's scary about liquidation? What's scary is that after liquidation, you have nothing left! Once you make money, take some out; don't be greedy! If you want to turn a small capital around, you have to rely on the big trend to lift you up. Don't trade like someone with ADHD, the more you mess around, the faster you die! Hold on and wait for that huge opportunity, and when you see it, go all out; once you've made your move, withdraw immediately. Compounding isn't about making a few bucks every day; it's about a few big doubles!
If you can’t even come up with 100,000 now but still want to turn your situation around, listen to me: rolling positions is the only ray of light shining through your coffin lid.
If you currently feel helpless and confused about trading and want to learn more about the crypto world and cutting-edge information, click on my avatar and follow me, so you won't get lost in this bull market again!
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