Trading coins has never been something that can be easily achieved. Every coin trader must endure countless setbacks from the moment they enter the coin circle. Some are knocked down, while others stand back up. The difference lies in whether one can turn the hardships during the process into nourishment for personal growth. Everyone experiences challenges, but not everyone is adept at reflecting and summarizing.
The process of trading coins for Du Ge has been fraught with difficulties. Looking back now brings many emotions. Today, I've specifically organized the essence of the experience to share, hoping to help many coin traders avoid detours. Recently, there’s an insider coin news, and it is expected to launch in the next couple of days, leaving 333 to get on board.
In the coin circle, making 1 million from tens of thousands is only possible through rolling positions.
This year, I just personally tested the following method, turning 60,000 into 1.28 million.
Once you have 1 million in capital, you'll find that your entire life seems different. Even if you don’t use leverage, if you hold a spot and it rises by 20%, that’s 200,000. 200,000 is already the income ceiling for most people in a year. Furthermore, when you can grow tens of thousands into 1 million, you will grasp some thoughts and logic for making big money, and at this point, your mentality will calm significantly, and afterward, it’s just a matter of copying and pasting.
Don’t always talk about millions or a billion; start from your own actual situation. Bragging only makes the bragger feel good. Trading requires the ability to identify the size of opportunities; you can't always have a light position nor always a heavy one. Normally play with small amounts, then bring out the big guns when a great opportunity arises.
For example, rolling positions can only be operated when a great opportunity comes. You can’t keep rolling; missing out is fine because you only need to successfully roll three or four times in your life to go from 0 to tens of millions. Tens of millions is enough for an ordinary person to ascend into the ranks of the wealthy.
A few points to note about rolling positions:
1. Enough patience; the profits from rolling positions are huge. As long as you can roll successfully a few times, you can earn at least tens of millions or even billions, so you must not roll easily. Look for opportunities with high certainty.
2. High certainty opportunities refer to sideways consolidation after a sharp drop, followed by a breakout. The probability of following the trend at this time is quite high, so find the point of trend reversal and get on board from the start.
3. Only roll long;
Rolling position risk
Let’s talk about rolling position strategies. Many people think this 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 50,000, how to start with 50,000? First, this 50,000 should be your profit. If you are still losing, then don’t look at it. If you open a position in Bitcoin at 10,000 with a leverage of 10 times, using a gradual position mode, only opening a 10% position, that’s just 5,000 as margin. This is actually equivalent to 1x leverage, with a 2% stop loss. If you hit the stop loss, you only lose 2%, that’s just 1,000. How do those who blow their accounts actually blow them? Even if you blew your account, wouldn’t it just be a loss of 5,000? How could you lose everything? If you are right and Bitcoin rises to 11,000, you continue to open 10% of the total funds, also setting a 2% stop loss. If you hit the stop loss, you still earn 8%. What about the risk? Isn’t it said that the risk is very high? Following this pattern... If Bitcoin rises to 15,000 and you successfully add positions, during this 50% market movement, you should be able to earn around 200,000. Grabbing two such market movements is around 1 million.
