I am 32 years old this year, started trading cryptocurrencies at 22, and by 2023-2024 my funds reached eight digits. My current lifestyle involves staying at high-end hotels around 2000 yuan, and my suitcase and hat may carry cryptocurrency symbols. It's much more comfortable than what the older generation did in traditional industries or the 80s generation in e-commerce.

I have hardly ever experienced business disputes, which means I have fewer worries.

The most important thing in trading cryptocurrencies is having a good mindset; technical skills come second.

My experience sharing:

Learning is fundamental: Understanding blockchain technology, the principles of digital currency, and market trends is the prerequisite for investing.

Rational investing: Don't blindly follow the crowd; invest according to your own risk tolerance.

Diversified investment: Don't put all your funds into one project; diversifying can reduce risks.

Long-term holding: The cryptocurrency market is highly volatile, and holding quality assets long-term is more likely to yield substantial returns.

Stay calm: Don't let market emotions dictate your actions; a calm mind leads to better decisions.

The stories of getting rich quickly in the cryptocurrency world are certainly enviable, but the risks and efforts behind them cannot be ignored.

The core of not blowing up a contract position in the cryptocurrency world is: practical strategies for position management.

Starting from 5000U and rolling it to 120,000U is not a fantasy.

But it requires precise strategies + strict position management.

The following are market-validated practical methods suitable for short-term/swing traders.

But the final step, the 'mysterious bonus', is the key.

Step 1: Fund allocation (How to bet with 5000U?)

Core principle: Don't go all-in, don't gamble your life; use compound thinking to roll over.

3000U (60%) → Low-risk steady trading (BTC/ETH swings)

1000U (20%) → High-odds altcoins (catch hot trends, such as AI, MEME, RWA)

500U (10%) → Contract hedging (only for extreme market conditions protection)

500U (10%) → Cash reserves (waiting to buy the dip in a crash)

Beginner's mistake: Going all-in on a single coin or leveraging all funds to bet on direction.

Step 2: Trading strategy (How to grow your funds?)

1. Main battlefield: BTC/ETH swings (3000U)

Strategy: Swing at key support/resistance levels (like buying BTC at moving average support and selling at previous high resistance).

Goal: Make 10-20% on each swing, 2-3 times a month, and compound.

2. High-odds point: high-odds altcoins (1000U)

Strategy: Only play low market cap coins with hot trends (like new coin listings, sector rotation).

3. Hedging protection (500U contracts)

Usage: When the market experiences extreme conditions (like before a crash), use 5-10x short positions to hedge and reduce spot losses.

Step 3: Position management (How to avoid liquidation?)

Single transaction ≤ 10% of capital (for a 5000U account, a single order ≤ 500U).

Stop-loss hard limit ≤ 5% (cut losses at 500U, don't hold the position).

Profit-taking in batches (take half profit at 20%, hold the other half for higher gains).

Weekly review, cut weak coins, keep strong ones.

Key mindset: Cut losses short, let profits run, rather than 'taking small profits and holding on to losses'.

Steps for rolling positions:

1. Choose a target: Select a cryptocurrency you believe will rise in the future.

2. First purchase: Use all your funds to buy that cryptocurrency.

3. Set stop-loss: Set a stop-loss below the purchase price to limit your losses.

4. Monitor the market: Continuously monitor market trends. 5. When prices rise: If the price rises to your target, use part of the profits to increase your position and buy more.

6. Repeat steps 4 and 5: Continue monitoring the market and increase your position when prices rise.

The art of rolling positions is not something that can be mastered on a whim. It requires timing, favorable conditions, and the right people to increase your odds.

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 new lows, once the market chooses a breakthrough direction, it can be considered to use rolling positions.

(2) Buying the dip during a bull market: During the waves of a bull market, the market experiences a strong upward trend followed by a sudden drop. At this point, it can be considered to use rolling strategies to capture the buying opportunity.

(3) Breakthrough at the weekly level: When the market breaks through key resistance or support levels on the weekly chart, it is like breaking through a solid barrier. At this point, rolling positions can seize this breakthrough opportunity.

(4) Market sentiment and news events: When market sentiment is as variable as the weather, or when significant news events and policy changes may shake the market, rolling positions can become a powerful tool in your hand.

Key points

1. Only roll long positions: Avoid counter-trend operations, as bull markets have longer cycles, and upward trends are easier to capture.

2. Isolated position mode: Use the exchange's 'isolated margin' mode to isolate individual position risks and avoid liquidation of the entire account.

3. Leverage limits: Even with a clear trend, leverage should not exceed 5 times to avoid extreme fluctuations leading to liquidation.

4. Emotional management: Don’t chase high after missing a buying opportunity; wait for a pullback or the next trend signal.

Without clear buy/sell points, do not force yourself to buy or sell. This may seem trivial, but it is actually very crucial. Without buy/sell points, your forced trading is just emotional trading. If you achieve this, your trading level can significantly improve. However, there is another issue: you must establish your own 'buy/sell points'. Each person's buy/sell points are unique, based on different personalities, capital sizes, and risk preferences.

Once the buy/sell point rules are established, and you stick to 'buy at buy points, sell at sell points', you won't be swayed by market emotions. In the past two years, the market has been too extreme, changing too quickly; if you can't control your emotions, it's easy to be carried away by the market. When it rises, you feel good, and when it falls, you feel doomed, always stuck in this emotional state, making it hard to stabilize profits.

The psychological process of retail investors generally goes through these stages:

1. When the market surges, they feel regretful for not having enough positions, saying they will wait for a dip to go all-in.

2. When the market has just experienced a significant drop, they remain confident, laughing easily, thinking the drop is too small, waiting for a buying opportunity.

3. As the market enters a downward trend, they start to complain, feeling down, hoping for a rebound that never comes.

4. As the market continues to fluctuate, people start to remain silent, and no one expresses opinions anymore.

5. No one talks about buying the dip anymore; people always feel the market will continue to drop, and no one mentions the blockchain revolution.

6. Occasionally, someone expresses an opinion, warning others, but everyone seems to still be immersed in the current situation with little reaction.

7. When the market begins to reverse, they are still waiting for a pullback, mistakenly thinking it is a temporary rebound and continue to observe.

8. When the market shows obvious anomalies, they chase the rise to enter, only to find it is a temporary top.

9. The same operations are repeatedly performed, ultimately leading to elimination in a bear market. They get stuck buying the dip in a bull market, suffer losses, and exit the market, ending their investment.

Playing around in the cryptocurrency world is essentially a battle between retail investors and whales. If you don't have cutting-edge news or first-hand information, you can only get 'cut'! Welcome like-minded people in the cryptocurrency world to discuss together~#币安Alpha上新 $BTC