Define rolling positions: In a trending market, after significantly profiting using leverage, the overall leverage passively decreases. To achieve compound profit effects, increase the trend position at the appropriate time. This process of increasing positions is called rolling positions. In the definition, 'appropriate time' mainly refers to two situations: 1. Adding positions during a convergence breakout in the trend, profiting from the main upward wave after the breakout and quickly reducing the added positions. 2. Increasing trend positions during a pullback in the trend, such as buying the dip at moving averages.
Rolling over sounds very scary, but if you put it another way, it's just increasing your position with unrealized profits. This way of saying it is much better. Increasing your position with unrealized profits is just a common method in futures trading. You don't need to maintain a leverage of 5 to 10 times, just two or three times is enough. The goal is to keep the total position at two or three times with unrealized profits, which makes playing Bitcoin relatively safer. There are only three situations suitable for rolling over: 1. Choosing a direction after a long-term sideways movement with new low volatility; 2. Buying the dip after a significant drop in a bull market; 3. Breaking through a significant resistance/support level on a weekly chart. Only in these three situations is the probability of success relatively high; all other opportunities should be given up. (Tip: Only use money that you can afford to lose to trade futures.)