In the crypto space, you need to find a way to first earn 1 million in capital. The only way to grow from a few thousand to 1 million is to

# Cryptocurrency market rebound means rolling positions.

Once you have 1 million in capital, you'll find that your entire life seems different. Even if you don't use leverage, just holding spot trading will increase.

20% means you have 200,000, which is already the income ceiling for most people in a year.

When you can grow from tens of thousands to 100,000, you will touch on some ideas and logic for making big money. At that point, your mindset will calm down a lot, and from then on, it's just about copying and pasting.

Don't always talk about millions and billions. You need to start from your own actual situation. Blowing your own trumpet only makes the cow comfortable. Trading requires the ability to identify the size of opportunities; you can't always have a light position or a heavy position. Usually, play with small positions, and when a big opportunity comes, then pull out the big guns.

For example, rolling positions can only be done when a big opportunity arises. You can't keep rolling; it's okay to miss out. In your lifetime, you only need to roll successfully three or four times to go from zero to tens of millions. Tens of millions are enough for an ordinary person to level up.

In the ranks of wealthy people.

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 make at least tens of millions to billions.

You cannot easily roll; you need to find high-certainty opportunities.

2. High certainty opportunities refer to sideways fluctuations after a sharp decline, followed by an upward breakout. The probability of following the trend in this situation is quite high.

find the point of trend reversal and get on the train from the very beginning.

3. Only roll long positions;

▼ Rolling position risks

Let's talk about rolling position strategies. Many people think this is risky. I can tell you that the risk is very low, much lower than the logic of opening futures positions.

If you only have 50,000, how to start with 50,000? First, this 50,000 must 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 10x leverage setting, using a 10% position means only opening 5,000 as margin. This is equivalent to 1x leverage with a 2% stop loss. If you stop loss, you only lose 2%. Just 2%? That's 1,000. How do those who get liquidated actually get liquidated? Even if you get liquidated, isn't it just a loss of 5,000? How could it all be lost?

If you are right, and Bitcoin rises to 11,000, continue to open 10% of the total capital and set a 2% stop loss. If you stop loss, you still earn 8%. What about the risk? Didn't they say the risk is huge? And so on...

If Bitcoin rises to 15,000 and you add positions smoothly, during this wave of 50% market movement, you should be able to earn around 200,000. Catching two such movements would be about 1 million.

There is fundamentally no compound interest. 100 times is achieved through 2 times 10, 3 times 5, and 4 times 3, not by compounding 10% or 20% every day or every month. That's nonsense.

This content not only has operational logic but also contains the core internal skills of trading: position management. As long as you understand position management, you cannot lose everything.

This is just an example; the general idea is like this. Specific details need to be pondered by yourself.

The concept of rolling positions itself is not risky; not only is it not risky, but it's also one of the correct thinking approaches to futures trading. The risk lies with leverage. You can roll with 10x leverage, but you can also do it with 1x. I usually use two to three times leverage. Catching two movements is just as good for dozens of times the profit. Even if you can use less than one times leverage, what does that have to do with rolling positions? This is clearly a matter of your own choice of leverage. I have never suggested that you operate with high leverage.

I always emphasize that in the crypto space, only invest one-fifth of your money while only using one-tenth of your spot trading money to play futures. This way, the funds for futures only account for 2% of your total capital. Use only two or three times leverage, and only trade Bitcoin. You could say this reduces risk to a very low level.

Would you be heartbroken if you lost 20,000 out of 1 million?

It's not interesting to always leverage. Some people say rolling positions is risky, and that making money is just good luck. I'm not saying this to convince you; convincing others is pointless. I just hope that like-minded traders can play together.

Currently, there is no filtering mechanism. There are always harsh voices that interfere with the recognition of those who want to watch.

▼ Capital management

Trading is not filled with risks. Risks can be mitigated through capital management. For example, I have a futures account of 200,000 and a spot account ranging from 300,000 to over 100,000. If there are big opportunities, I invest more; if there aren't, I invest less.

With good luck, you can earn over 10 million RMB in a year, which is already enough. If you're unlucky, in the worst case, your futures account gets liquidated. It doesn't matter; spot trading profits can make up for the losses from futures liquidation. After compensating, you can jump back in. Can you really not earn a penny in spot trading in a year? I'm not that bad.

You can avoid losing money but not making money, so I haven't suffered a liquidation for a long time. I often save a quarter or a fifth of my profits separately, and even if I do get liquidated, I will retain some of the profits.

As an ordinary person, my personal advice is to use one-tenth of your spot trading position to play futures. For example, if you have 300,000, use 30,000 to play. Once exposed, use the profits from spot trading. After getting liquidated 8 to 10 times, you will surely get some insights. If you still haven't figured it out, then don't play; it's not suitable for you.

▼ How to grow small funds

Many people have misconceptions about trading, such as thinking that small funds should do short-term trading to grow their capital. This is a complete misconception; this kind of thinking is merely trying to exchange time for space, hoping to get rich overnight. Small funds should focus on medium- to long-term trades to grow.

Is one piece of paper thin enough? If you fold a piece of paper 27 times, it will be 13 kilometers thick. If you fold it 10 more times to a total of 37 folds, it's thicker than the Earth. If you fold it 105 times, the entire universe won't be able to contain it.

If you have 30,000 in capital, you should think about how to triple it in one wave, and then triple it again in the next wave... Then you would have 400,000 or 500,000. Instead of thinking about making 10% today and 20% tomorrow... Doing so will eventually ruin you.

Always remember that the smaller the capital, the more you should focus on long-term positions, using compounding to grow large. Don't do short-term trades for small profits.

Contracts carry risks, and trading requires caution; the above analysis only represents Dan Chenbei's personal opinion. Trading based on this is at your own risk!