Through communicating with fans who come to me, I found that most of the people in the Erquan are ordinary people, but to be honest, many people don’t understand what the Erquan is. In fact, to put it bluntly, the Erquan is just like our usual financial management. The purpose is to make money steadily and double the money in hand within a period of time.
We not only have to wait for opportunities to knock on the door, but also have to have a pair of sharp eyes to see which opportunities are real money. Usually, we play with small amounts of money to practice, but once we encounter a once-in-a-lifetime opportunity, we have to pounce on it without hesitation and go all out like a cheetah seeing its prey.
Take rolling positions for example; it should be used when a big opportunity arises. The core idea of rolling positions is to continuously enlarge your position during a trending market, using floating profit to increase your position for compound growth. Thinking about trying every day is useless. Because if you can successfully roll positions three or four times in your life, you can transform into a millionaire or even a multi-millionaire. This business can definitely catapult an ordinary person into the circle of the wealthy.
1. Accumulate through Rolling Positions
Many people hear about rolling positions and feel anxious, thinking the risks are huge. But I have to tell you, the risks of rolling positions are not as scary as you think, even smaller than the risks when you randomly open positions in contracts.
If you have 50,000 yuan, and a coin is worth 10,000 yuan each, you seize the opportunity to open a position with 10x leverage, but remember to choose the isolated position mode and only open 10% of your capital. This means you are actually using only 5,000 yuan as margin, equivalent to using 1x leverage, and set a stop loss at 2%. If the stop loss triggers, you will only lose 2%, which is 1,000 yuan. How do those who get liquidated end up in that situation? Even if you do get liquidated, you only lose 5,000; how could you lose it all?
If you make the right call and the price rises to 11,000, you can use another 10% of your total capital to add to your position, with a stop loss still set at 2%. If the stop loss triggers, you could still earn 8%. Is the risk really that big? If this coin skyrockets to 15,000 and you add positions smoothly, you could earn around 200,000 from a 50% increase; that’s not a dream. As long as you can seize two such opportunities, your assets could reach one million.
Here we haven't even considered compound interest. Real profits accumulate from big market movements, like two times earning tenfold, three times earning fivefold, and four times earning threefold; it’s not about watching that little 10% or 20% compound interest every day. That kind of talk is too unrealistic. The idea of rolling positions is actually quite reliable; you could even say it’s the righteous path in futures trading. What truly gives people headaches is how to use leverage. But as long as you grasp the essence of position management, it’s impossible to lose all your money.
Rolling positions are not that scary; what it requires is brainpower, patience, and courage. Once you truly understand it, you'll find it's simply a golden key to your journey toward financial freedom.
When your accumulated capital is substantial, you should minimize those contracts. Why? I fear you might impulsively think of using one million to make a billion. This idea sounds good, but the risk is too high; it’s easy to end up back where you started. We should use the money we've already earned to make more, prioritizing stability over risk. I'm not saying you have to profit every time, but in the long run, we are overall profitable. This is when the advantages of spot trading become evident.
2. Selecting Tenfold Coins
Today, a fan asked me, holding 100,000 USDT in cash because he entered the market late; BTC has already climbed over 90,000. He feels it’s not worthwhile to enter now. ETH has been underperforming recently, and he wants to buy altcoins that can yield ten times but doesn’t know which to choose. I believe many friends share a similar situation.
For friends holding 100,000 USDT, making it to 1 million USDT only requires selecting one coin that doubles. However, finding those that can multiply tenfold requires some thought and a bit of courage. Below, I'll discuss how to find that tenfold coin that can make you rich!
In the crypto circle, we love to say that we invest in new projects rather than old ones. This doesn’t mean old projects are bad, but it’s the market law. Look at those like BCH and FIL; they were once popular, but it's hard to multiply them again now. Instead, emerging areas like RWA, DEPIN, Meme, Al, and the Bitcoin ecosystem are like gold mines yet to be mined, with great potential.
In these new tracks, leading coins act like shepherds, driving everyone forward. They not only represent the future of the industry but also propel the entire industry to rise together. So when we choose coins, we must keep an eye on these leaders; who knows, we might soar alongside them. Market capitalization is a measure of a coin's potential; if it's too high, it indicates that it has already risen significantly, making future growth difficult. If it's too low, the risk is high, as it might disappear quietly one day. Therefore, we should choose coins with moderate market capitalization, not too stagnant in growth nor too volatile. Generally, projects with market caps between 50 million and 1 billion are quite good, being actively traded with significant growth potential.
3. Core Idea
As you just stepped into the crypto world, you might be mesmerized by various technical patterns of K-lines, but let me tell you the truth: while these technicals are worth looking at, they are not the ultimate determinants of price fluctuations.
The real skill lies in how to manage your positions well, gather market information, and read market sentiment. Let me put it this way: my friends and I, who've been in the crypto space for a long time, want to gather strength and wait for a bull market. Good opportunities are earned through patience.
When we catch favorable news from within the circle, we ponder together to see if the news is reliable. For instance, recently we focused on a hot sector about to explode with potential coins, expecting a return of 8 to 10 times. This is something we've honed over time and experience; newbies want to succeed in one go, which is difficult!
These days I am preparing for the insider news of the upcoming layout!!!
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The impermanence brings impermanence brings impermanence!!!
Important things should be said three times!!!
