In the cryptocurrency world, earning 1 million in capital is a crucial first step to changing your destiny. For many, the rolling position strategy is the only choice to go from tens of thousands to 1 million.
Why is 1 million the starting point?
Once you have 1 million in capital, your investment perspective and life will be completely different. No leverage is needed; a 20% increase in spot trading can yield 200,000 in profit, which surpasses the annual income of most people.
Core secrets of the rolling position strategy:
1. Patience is key: The profit potential of rolling positions is immense, but this path requires finding high-certainty opportunities. Impulsive and random actions will significantly increase the risk of failure.
2. Choose the right timing: A sideways market after a sharp decline, followed by a breakout, is the best opportunity for rolling positions. After a trend reversal, decisively get on board from the start.
3. Only roll long positions: Focus on long positions to reduce the impact of market volatility on you. Going with the trend is the way to achieve steady success.
Risks and misconceptions of rolling positions:
Many believe that rolling positions carry a high risk, but it is far lower than the high leverage in futures.
Using 50,000 as an example:
1. Initial 10% position, with a stop loss of only 2%, resulting in a maximum loss of 1,000.
2. If the market goes well, each rise can allow for compound position increases; for instance, a market move from 10,000 to 15,000 can multiply profits.
3. The entire process steadily increases capital with low risk, rather than going all-in.
So what is the significance of rolling positions?
By capturing two trends of 50%, you can turn 50,000 into 1 million.
The rolling growth from capital to profit not only allows you to establish yourself in the cryptocurrency world but also lays a solid foundation for every future investment. The key lies in rationality, patience, and precise grasp of market opportunities.
