If you want to keep making profits without losses in cryptocurrency trading, the method of rolling positions is crucial and worth a look; it might save families.
Many families have been ruined because they wanted to get rich in the crypto space. To continue trading, you need to study diligently, researching fundamental knowledge, news, technical indicators such as MACD divergence, KDJ overbought/oversold, support and resistance signals, etc. While this cannot guarantee profits, it can assist in quantitative analysis and indicate the basic direction.
In the cryptocurrency world, earning 1 million from a few thousand relies heavily on rolling positions. Having a capital of 1 million makes a significant difference in life. One must recognize the size of trading opportunities; typically trade with small positions, and when big opportunities arise, trade with larger positions. Rolling positions should be executed during major opportunities; succeeding three or four times in a lifetime is sufficient.
There are three situations suitable for rolling positions: first, choosing a direction after a long period of sideways movement at new lows in volatility; second, buying the dip after a big drop in a bull market; third, breaking through significant resistance/support levels at the weekly level, while other opportunities should be abandoned.
The method of rolling positions is as follows:
Add to positions with unrealized gains; after gaining unrealized profits, ensure that the cost of holding positions is reduced before considering adding to positions; do not add blindly.
Base position + T+0 rolling position operation: divide funds into multiple parts, keep the base position unchanged, and use the remaining positions for high selling and low buying, the ratio depends on personal risk preference and capital scale, which can reduce costs and increase returns.
In summary, the crypto space is a battle between retail investors and big players. Without insider information or first-hand material, one is easily cut off. If you want to outsmart the big players, leave your footprints in the comments section by buying at the lowest point and selling at the highest point!