Once you have 1 million in capital, you will find that your whole life seems different. Even if you don't use leverage, if the spot price increases by 20%, you will have 200K. 200K is already the annual income ceiling for most people.
Moreover, when you can grow from tens of thousands to 1 million, you will also grasp some ideas and logic for making big money. At this time, your mindset will calm down a lot, and from then on, it's just copy and paste.
Don't always talk about millions or billions; you need to start from your own situation. Bragging only makes the bull comfortable. Trading requires the ability to identify the size of opportunities. You can't always be in light positions, nor can you always be in heavy positions. Usually, you play with small guns, and when a big opportunity comes, then you take out the big artillery.
For example, rolling warehouse can only be operated when a big opportunity comes. You can't roll all the time; it's okay to miss some opportunities because in your lifetime, you only need to roll successfully three or four times to go from 0 to tens of millions. Tens of millions are enough for an ordinary person to advance to the ranks of the wealthy.
A few points to pay attention to when rolling warehouses:
1. Sufficient patience. The profits from rolling warehouses are enormous. As long as you can roll successfully a few times, you can earn at least tens of millions or even billions, so you shouldn't roll easily; look for high-certainty opportunities.
2. High-certainty opportunities refer to sideways fluctuations after a sharp drop + then breaking upwards. At this time, the probability of a trend is very high. Find the point of trend reversal and get on board from the start.
3. Only roll long positions;
Rolling warehouse risk
Let's talk about the rolling warehouse strategy. Many people think it is risky, but I can tell you that the risk is very low, much lower than the logic of trading futures.
If you only have 50K, how to start with 50K? First, this 50K should be your profit. If you are still at a loss, don’t bother looking.
If you open a position in Bitcoin at 10K, with a leverage setting of 10 times, using a isolated margin mode, only opening 10% of the position, that is only 5K as margin, which is actually equivalent to 1x leverage. With a 2% stop loss, if you hit the stop loss, you only lose 2%, just 2%, right? 1000 bucks. How do those people who get liquidated actually get liquidated? Even if you get liquidated, well, you only lose 5K, right? How can you lose everything?
If you are right and Bitcoin rises to 11K, you continue to open 10% of the total capital, and set a 2% stop loss. If you hit the stop loss, you still earn 8%, where's the risk? Didn't you say the risk is very high? By analogy...
If Bitcoin rises to 15K and you add positions smoothly, in this 50% market, you should be able to earn about 200K. Grabbing two such markets is around 1 million.
Compound interest doesn't really exist +. 100 times is earned through two 10 times, three 5 times, four 3 times, not by compounding 10% or 20% every day or month. That's nonsense.
This content not only has operational logic but also contains the core internal skills of trading, position management+. As long as you understand position management, you cannot lose everything.
