I will never trade contracts again! This is the most common saying among gamblers in the crypto world.
I lost 2000 USD last night. Now, if you don’t trade contracts, there’s no way to “get rich.” Trading contracts at 100x, 50x, dozens of U, or hundreds of U might still be possible, but making consistent profits at over 10,000 U with 100x is impossible. Just think about it; you wouldn't be able to afford that number. Do you know how much margin you need? I believe there aren’t that many fools in this world, so stop asking if there’s a way to make a million overnight. When trading contracts, it’s generally sustained at 5 to 20 times. It took about two months to grow 200 U to 10,000 U. I don’t know if this market trend will continue after this wave. My strategy is to find out which coins are being hyped through social media, then watch the market and the volume from the whales. By timing the trades, I estimate that around 11 or 12 PM and 2 or 3 AM, the trading volume is usually high. Then, when I see a long-term bullish trend, I set positions when there’s a sharp drop. For instance, if you have 100 USD, the margin is 100, and the position is 20 USD, opening a 20x leverage. Each point generally lasts from 1 to 4 hours. If it keeps dropping, I continue to hold the position, and when social media volume drops, I know it’s about to fall. It’s a very simple theory. You can use plugins to see social media traffic data. This strategy can easily lead to blind following because you trust yourself too much, so staying calm is key. During a continuous drop, I might risk dozens of dollars using 100x leverage to adjust. Previously, I was playing with 100x positions for 5 or 10 minutes, but later I got scared because continuous earnings can make you overconfident, and every now and then, you can get wiped out in 5 minutes. Newbies should stay away from the crypto world; those days of buying altcoins and getting hundreds of times returns are long gone. When you hear about making a million from 1000 USD, it’s basically a scam. In my years of playing, besides making contracts during bull markets and a few miners from Sichuan and Harbin, hardly anyone has made big money. Most who made money were earlier players with faith, believing that one Bitcoin would be worth 10 million someday. Now, there are still many holding around a hundred coins. Back in 2017, I laughed at them being foolish; they just bought coins when they had money. Currently, those trading contracts are mostly professional players or experienced individuals who can only make some money when the market is good, lucky, and on a reliable platform. I still want to knife the Huobi boss who pulled the rug on Dogecoin overnight. If you really want to enter the industry, start by following trades, then slowly get into it. And don’t forget to “pick coins” on Twitter. You won’t know how cruel it is unless you’ve experienced two bear markets. All kinds of whales and platforms are incredibly disgusting; I still can’t understand how “pulling the rug” is something humans can do. For 1000 USD, play contracts at 10 or 20 times, setting the margin at around 11% or 12.5% for stop loss. Newbies should not exceed this amount. If you earn more than 100 USD, withdraw it, and then continue playing. When the money comes out, that’s real money. Control your mindset; this way, you’ll feel pain when you deposit next time, and start thinking. Don’t recklessly throw in 100, 100 USD; if you make 1000 USD and can’t let go, after a few rounds, you’ll be ruined. Trading contracts is all about mindset. If you have more money, reduce your position; don’t jump in at 100x... that’s for professional players.

In the cryptocurrency world, you have to find a way to earn 1 million yuan in principal first. There is only one way to earn 1 million yuan in principal from tens of thousands of yuan, and that is rolling positions. When you have 1 million yuan in principal, you will find that your whole life seems to be different. Even if you don't use leverage, if the spot price rises by 20%, you will have 200,000 yuan, which is the annual income ceiling for most people. And when you can make 100,000 yuan from tens of thousands of yuan, you can also feel some ideas and logic of making big money. At this time, your mentality is much calmer, and you can just copy and paste it in the future. Don't always say tens of millions or hundreds of millions. Start from your actual situation. It's only comfortable to brag. Trading requires the ability to identify the size of opportunities. You can't always have a light position or a heavy position. Usually, you can play with a small position, and when a big opportunity comes, you can pull out the Italian gun. For example, rolling positions can only be operated when a big opportunity comes. You can't roll positions all the time. It doesn't matter if you miss it, because you only need to roll successfully three or four times in your life to go from 0 to tens of millions, and tens of millions are enough for an ordinary person to join the ranks of the rich. A few points to note about rolling positions: 1. Enough patience. The profit of rolling positions is huge. As long as you can roll successfully a few times, you can make at least tens of millions or hundreds of millions. So you can't roll positions easily. You have to find opportunities with high certainty; 2. Opportunities with high certainty refer to sideways fluctuations after a sharp drop, and then break upward. At this time, the probability of trending is very high. Find the point of trend reversal and get on the train at the beginning. 3. Only roll more; ▼Rolling position risk Let's talk about the rolling position strategy. Many people think this is risky. I can tell you that the risk is very low, much lower than the futures order opening logic you play. If you only have 50,000, how to start with 50,000, first of all, this 50,000 should be your profit. If you still lose money, don't read it. If you open a position in Bitcoin 10,000, with a leverage of 10x, and use the position-by-position mode, and only open a 10% position, that is, only open a 5,000 yuan margin, which is actually equivalent to 1x leverage, 2 points stop loss, if you stop loss, you only lose 2%, only 2%? 1,000 yuan. How did those people who were liquidated get liquidated? Even if your position was liquidated, wouldn't you only lose 5,000 yuan?How can you lose everything? If you are right, and Bitcoin rises to 11,000, you continue to open 10% of the total funds, and set a stop loss of 2%. If you stop loss, you still earn 8%. What about the risk? Isn't it said that the risk is very high? And so on. . . . If Bitcoin rises to 15,000, and you increase your position smoothly, you should be able to earn about 200,000 in this 50% market. If you catch such a market twice, you can earn about 1 million. There is no compound interest at all. 100 times is earned by 2 times 10 times, 3 times 5 times, and 4 times 3 times, not by 10% or 20% compound interest every day or month. That's nonsense. This content not only has operational logic, but also contains the core inner skills of trading, position management. As long as you understand position management, you will never lose everything. This is just an example. The general meaning is like this. You still need to think about the specific details. The idea of ​​rolling positions itself is not risky. Not only is it risk-free, but it is also one of the most correct ideas for futures trading. The risky part is leverage. You can roll positions with 10x leverage, and 1x leverage is also acceptable. I usually use 2x or 3x leverage. If I catch it twice, won’t I get dozens of times the same return? At worst, you can use 0.1x or 0.2x leverage. What does this have to do with rolling positions? This is obviously a question of your own leverage choice. I have never told you to operate with high leverage. And I have always emphasized that you only invest one-fifth of your own money in the currency circle, and only invest one-tenth of your money in spot to play futures. At this time, the funds for futures only account for 2% of your total funds. At the same time, futures only use 2x or 3x leverage, and only play Bitcoin. It can be said that the risk is reduced to a very low level. Would you feel bad if you lost 20,000 yuan out of 1 million yuan? It’s meaningless to always use leverage. Some people have always said that rolling positions is risky and making money is just luck. I’m not saying this to convince you. It’s meaningless to convince others. I just hope that people with the same trading philosophy can play together. It’s just that there is no screening mechanism at present, and there are always harsh voices that interfere with the recognition of those who want to watch. ▼ Fund Management Trading is not full of risks. Risks can be resolved with fund management. For example, I have a futures account of 200,000 dollars, and a spot account ranging from 300,000 dollars to 1,000,000 dollars. If there is a good opportunity, I will charge more. If there is no opportunity, I will charge less. If I am lucky, I can earn more than 10 million RMB a year, which is more than enough. If I am unlucky, the worst case is that my futures account will be blown up. It doesn’t matter. The spot income can make up for the loss of the futures account. After making up for it, I will rush in. Can't I make a penny in a year from spot?I'm not that bad. You can't make money but you can't lose money, so I've been liquidated for a long time. In futures, I often take out one-fourth of the profit and keep it separately. If it's exposed, I will also keep part of the profit. As an ordinary person, my personal advice to you is to take one-tenth of the spot position to play futures, for example, if it's 300,000, take 30,000 to play, and if it's exposed, go for the profit of spot. After you have been exposed eight or ten times, you will always find out something. If you still haven't found it, don't play, it's not suitable for this line. ▼How to make small funds bigger Many people have many misunderstandings about trading. For example, small funds should do short-term trading to make the funds bigger. This is a complete misunderstanding. This kind of thinking is completely trying to use time to exchange space and try to get rich overnight. Small funds should do medium and long-term trading to make it bigger. Is a piece of paper thin enough? A piece of paper folded in half 27 times is 13 kilometers thick. Fold it again 10 times and fold it to 37 times. The earth is not as thick as it. If it is folded 105 times, the entire universe will not be able to accommodate it. If you have 30,000 yuan in capital, you should think about how to triple it in one wave, and then triple it again in the next wave... Then you will have 400,000 or 500,000 yuan. Instead of thinking about making 10% today and 20% tomorrow... Sooner or later, you will kill yourself. $BTC $$ETH #