In the crypto world, accumulating 1 million in capital is key

Start with small funds using a rolling position strategy. Once you reach 1 million in capital, making money becomes easier. There are a few points to note about the rolling position strategy:

Patience and Certainty: Have enough patience to wait for high certainty opportunities, specifically the trend reversal points after a sharp drop followed by sideways consolidation and an upward breakout.

Position Management: When rolling positions, use a small position size (such as 30% of total funds) and set a reasonable stop-loss (like 15%) to control risk. Even with a stop-loss, the losses are limited.

Gradually Increase Positions: As the market rises, gradually increase your position size while maintaining the same stop-loss ratio to lock in profits and reduce risk.

Avoid High Leverage: Although the rolling position strategy itself is relatively low-risk, high leverage amplifies risk. It is recommended to use lower leverage.

Capital Management: Keep the funds in the futures account within a certain percentage of the total capital, and use the profits from the spot account to cover losses in the futures account. Additionally, regularly withdraw profits from the futures account to reduce overall risk.

Using Small Capital to Grow: Small capital should focus on medium to long-term trading rather than short-term trading. By capturing a few significant market fluctuations, rapid capital growth can be achieved.

Mindset and Philosophy: Maintain a calm mindset and do not easily chase after overnight wealth. Start from the actual situation, gradually accumulate experience and capital. At the same time, seek to communicate and learn with others who share the same trading philosophy.

In summary, the rolling position strategy is an effective way to grow capital, but the key lies in patience, position management, capital management, and the correct trading philosophy. Through gradually accumulating experience and capital, ordinary people also have the opportunity to achieve rapid wealth growth in the crypto world.