In the cryptocurrency space, which is full of opportunities and challenges, many people harbor dreams of becoming rich quickly. In fact, if you want to accumulate from tens of thousands to 1 million, rolling is a path worth exploring.
Once you successfully possess 1 million in capital, life will open a new chapter. Even without using leverage, a 20% increase in spot trading can bring a profit of 200,000, which already exceeds the annual income limit of most people. Moreover, during the process of accumulating from tens of thousands to 1 million, you can gradually understand the mindset and logic of making big money, and your mentality will become more stable, allowing for the subsequent accumulation of wealth to be replicated in the same way.
Rolling is not about frequent operations, but about patiently waiting for significant opportunities. If you can successfully roll three or four times in your lifetime, you may achieve a leap from 0 to tens of millions, thus joining the ranks of the wealthy.
Please note the following points during rolling:
1. Patience is key: After successfully rolling a few times, you can reap huge profits, so it is essential to be cautious and look for high-certainty opportunities, avoiding rash actions.
2. Precise Timing: When there is a sharp decline followed by sideways consolidation and an upward breakout, the probability of following the trend is higher, so you need to identify the key reversal points in the trend and enter the market in a timely manner.
3. Unidirectional Long: Only engage in long positions.
Rolling Strategy and Risk Control
The risk of the rolling strategy is actually quite low, far lower than the logic of opening futures positions. For example, if you have a capital of 50,000 (and it’s profit), and you open a position when Bitcoin is at 10,000, using a 10x leverage incremental position mode, only opening 10% of the position (i.e., 5,000 margin, effectively equivalent to 1x leverage), and setting a 2% stop loss. If the stop loss hits, you would only lose 1,000; even if you face liquidation, you would only lose 5,000.
If the market rises, for instance, if Bitcoin rises to 11,000, continue to open 10% of the total funds and set a 2% stop loss; at this time, if the stop loss hits, you would still have an 8% profit. Using this method, if Bitcoin rises to 15,000 and the position increment is successful, you can expect to earn around 200,000 in this 50% market surge, and capturing two similar markets could help you reach 1 million.
You must understand that the massive growth of wealth does not rely on daily or monthly compounding of 10% - 20%, but rather stems from a few key high-multiples profits, such as 2 times 10x, 3 times 5x, 4 times 3x, etc.
In addition, the Musk-themed dog puppies, as the strongest concept on the Ethereum chain, have 15,000 holding addresses and are very likely to become the next SHIB, which may also be a potential opportunity worth paying attention to in the cryptocurrency space.#币安Alpha第6批项目上線 #灰度提交Horizen信托文件 #加密市场反弹 $SHIB $PEPE $DOGE