Start with small funds using the rolling position strategy. Once reaching a principal of 1 million, making money becomes easier. The rolling position strategy requires attention to several points:
Patience and certainty: Have enough patience to wait for high certainty opportunities, specifically trend reversal points after sharp declines followed by sideways consolidation and upward breakout.
Position management: When rolling positions, use small positions (such as 30% of total funds) and set reasonable stop-losses (such as 15%) to control risks. Even with a stop-loss, the loss is limited.
Gradually increase positions: As the market rises, gradually increase positions while maintaining the same stop-loss ratio to lock in profits and reduce risks.
Avoid high leverage: Although the rolling position strategy itself has low risk, high leverage can amplify risks. It is recommended to use lower leverage.
Capital management: Keep the funds in the futures account within a certain proportion of the total funds, and use the profits from the spot account to supplement the losses in the futures account. Additionally, regularly withdraw profits from the futures account to reduce overall risk.
Small funds making big: Small funds should focus on medium to long-term trading rather than short-term trading. By capturing a few large market fluctuations, rapid capital growth can be achieved.
Mindset and philosophy: Maintain a calm mindset and do not easily pursue overnight wealth. Start from actual situations, gradually accumulate experience and capital. At the same time, seek out others who share your trading philosophy for communication and learning.
In summary, the rolling position strategy is an effective way to grow funds, but the key lies in patience, position management, capital management, and the correct trading philosophy. By gradually accumulating experience and capital, ordinary people also have the opportunity to achieve rapid wealth growth in the cryptocurrency market.
