Until I had 1 million in my pocket, I suddenly felt that making money in the cryptocurrency circle was as easy as picking up money! I was so happy, and I was thinking about how to roll this little money into a mountain of wealth. Starting with tens of thousands of dollars? No problem, after a few rounds of rolling, the dream of tens of millions is within reach!
But talk is talk, action is action, when it comes to rolling positions, patience is priceless! Don't rush in when you see a slight sign of trouble, you have to be patient and wait for the right time. When is the right time? Let me tell you, it is after the price of the currency plummets, it is leisurely consolidating there, and suddenly it "swoops" up. At this time, we decisively get on board and wait to count the money!
When it comes to margin calls, remember one thing: we only roll over the larger positions, avoid all those flashy tactics; simplicity and directness are key!
Speaking of risk, many people get scared just hearing about margin calls. In fact, as long as you know how to manage your positions, the risk is lower than trading futures! For example, if you have 50,000 yuan and you open a position in Bitcoin with 10,000 yuan, even though you're using 10x leverage, you're only opening 10% of your position, which is 5,000 yuan in margin. That's equivalent to 1x leverage! Set a stop loss of 2%, and if you lose, you only lose 2%. Even if there's a margin call, you'll only be upset about that 5,000 yuan, which won't hurt too much.
How to manage funds? Let me tell you, trading risks can be mitigated with fund management! Put a small amount of money in your futures account to test the waters; the spot account is our main force. If luck is on your side, you can make a lot of money. If luck is not on your side and you face a margin call in futures? No worries, the returns from the spot account can still make up for that.
Don't forget, when you make money, set aside a part of it. That way, even if there's a margin call, you won't be afraid!
Want to turn small funds into large ones? Stop dreaming about getting rich quick through short-term trading; focus on medium to long-term investments! For instance, if you have 30,000 yuan, don’t just keep fixating on small profits. Think about how to triple it with one operation, and then triple it again! This way, you can get closer to financial freedom!
To summarize, if you want to have enough funds that you can't spend all of it, rolling over positions along with position management is crucial! Don’t rush to get rich; patiently wait for good opportunities and approach large funds with a medium to long-term perspective. Remember, trading is not gambling; it's a contest of patience and wisdom!
For the upcoming strategy, I'll guide everyone to aim for the lucrative opportunities in altcoins, especially those with great potential. An expected growth of over 10 times is definitely reasonable! If you want to make big money in a bull market, like and comment, and I'll help you plan for the entire bull market!
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