If you plan to invest in the crypto world, please take a few minutes to read my answer word for word, as it may save your life and your family.

Thousands of originally happy families end up broken, stemming from the pursuit of an unattainable dream of getting rich in the crypto world.

I think if I really want to continue on the path of trading, I still need to study diligently. Besides understanding the basics, analyzing news, and researching technical indicators is also essential.

If you do not conduct in-depth research and reasonably plan your finances, your funds will only be depleted over time. In the end, as a retail investor without a solid foundation, you will only joyfully enter the market and leave in despair.

Some well-known technical indicators have endured over time for a reason. For example, the divergence signals of MACD, the overbought and oversold signals of KDJ, support and resistance signals, etc. While they cannot guarantee profits, they can allow you to perform quantitative analysis on a relatively mature model, providing investors with a basic direction.

In the crypto world, making 100,000 from a few thousand US dollars, there is only one way, and that is rolling positions.

Once you have 1 million in capital, you will find that your entire life seems different; even if you don't use leverage, if the spot price rises by 20%, you will have 200,000, which is already the income ceiling for the vast majority of people in a year.

Don't always talk about millions or billions; you have to start from your actual 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 or always in heavy positions. Usually, play with small positions, and when a big opportunity comes, then bring out your heavy artillery.

For example, rolling positions is something you can only do when a big opportunity arises; you can't keep rolling. Missing out is not a big deal because you only need to roll successfully three or four times in your life!

First, we need to know under what circumstances rolling positions are suitable:

Currently, only the following three situations are suitable for rolling positions:

1- Long-term consolidation volatility 'after a new low' choice direction

2- Buying the dip after a significant rise in a bull market

3- Breaking through major resistance/support levels on a weekly chart

In general, only in the above three situations does the probability of success seem larger; all other opportunities should be abandoned.

The following are the methods for rolling positions:

Adding to a profitable position: After gaining unrealized profits, you can consider adding to your position. However, before adding, ensure that the cost of your position has been reduced to minimize the risk of loss. This does not mean blindly adding to your position after making a profit, but rather doing it at the right time.

Base position + T+ rolling operation: Divide your capital into several parts, keeping a portion as a base position and using another portion for high-selling and low-buying operations. The specific ratio can be chosen based on personal risk preference and capital scale. For example, you can choose to roll half your capital for T+ operations, have 30% as a base position for rolling T+, or 70% as a base position for rolling T+, etc. This operation can reduce holding costs and increase profits.

The secret manual has been given to everyone; whether you can become famous in the industry depends on yourself.

Playing around in the crypto world is essentially a contest between retail investors and institutional investors. If you lack insider information and first-hand data, you can only get cut! If you want to layout together and harvest with the institutional investors, you are welcome to join!#币安Alpha上新 $BTC