In the cryptocurrency world, accumulating a principal of 1 million is key. With a rolling position strategy, start with small capital, and once you reach 1 million in principal, making money will become easier. The rolling position strategy requires attention to several points:
Patience and Certainty: You need to have enough patience to wait for high-certainty opportunities, specifically trend reversal points after a sharp decline followed by sideways oscillation and upward breakthrough.
Position Management: When rolling positions, use a small position (such as 30% of total capital) and set a reasonable stop-loss (such as 15%) to control risk. Even with a stop-loss, the loss will be limited.
Gradually Increasing Positions: As the market rises, gradually increase positions while maintaining the same stop-loss ratio to lock in profits and reduce risk.
Avoiding High Leverage: Although the rolling position strategy itself has lower 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 capital, and use the profits from the spot account to cover losses in the futures account. At the same time, regularly withdraw profits from the futures account to reduce overall risk.
Making Big with Small Capital: Small capital should focus on medium to long-term trading rather than short-term trading. By seizing a few significant market fluctuations, rapid capital growth can be achieved.
Mindset and Philosophy: Maintain a calm mindset and do not easily pursue overnight wealth. Start from the actual situation, gradually accumulate experience and capital. At the same time, seek to communicate and learn with others who share the same trading philosophy.
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. Through gradual accumulation of experience and capital, ordinary people also have the opportunity to achieve rapid wealth growth in the cryptocurrency world.