How to Roll Over in the Crypto Market: From Patience to Strategy 💹💹💹
Today, let's talk about how to apply the rolling strategy in the crypto market.
First, what is rolling over? Simply put, it is establishing a base position at the bottom and, as the market develops in the expected direction, increasing the position through floating profits to obtain greater profits. How to seize the opportunity for rolling over? Here, I quote a passage from 'Futures Trading Strategies': at the pullback point of the main upward trend, increase the position when the pullback meets support, using a pyramid-style increase.
If you feel uncertain about the upward trend, set a stop-loss point for each additional position to ensure the safety of the base position. This way, even if there is a pullback, it won't hurt the principal. If the judgment is correct, profits will grow rapidly; even if the judgment is wrong, using an effective strategy won't hurt the principal, allowing you to wait for the next trend trading opportunity.
Now you have mastered two types of patience: the first is patiently waiting for the trend to appear, and the second is patiently waiting for the best time to increase the position. Next, you may choose to exit at breakeven, looking for new trend trading opportunities, or to obtain significant profits through the rolling strategy.
In summary, by adhering to discipline and grasping these two types of patience, you can perfectly obtain significant profits in a sustained upward main trend.