How to roll positions and make yourself rich quickly
How to roll positions:
In the cryptocurrency circle, you have to find a way to earn 1 million yuan of principal first, and there is only one way to earn 1 million yuan of principal from tens of thousands of yuan,
that is rolling positions.
When you have 1 million yuan of principal, you will find that your whole life seems to be different. Even if you don’t use leverage, if you take a spot increase of 20%, you will have 200,000 yuan, and 200,000 yuan is already 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 also much calmer, and you can just copy and paste 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, play with a small position, and when a big opportunity comes, 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 become a rich man.
Some points to note about rolling positions:
1. Sufficient 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 easily, you have to find opportunities with high certainty;
2. Highly certain opportunities 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, don't read it.
If you open a position with 10,000 Bitcoins, set the leverage to 10x, use the position-by-position mode, and only open a 10% position, that is, only open 5,000 yuan as a margin, which is actually equivalent to 1x leverage and 2 points stop loss. If you stop loss, you only lose 2%, only 2%? 1,000 yuan. How did those people who had their positions blown up?Even if your account is liquidated, you will only lose 5K, right? How can you lose everything?
Don't be blindly optimistic, evaluate and execute strategies
I usually divide my bottom-fishing funds into two parts, half for the left side and half for the right side;
The left side means buying more as prices fall, and stopping when reaching my psychological limit, while the right side waits for upward momentum or for higher highs and higher lows, buying on the pullbacks.
Instead of not buying when prices drop, and rushing in when it rises a few points like yesterday, which makes it easy to get repeatedly cut.
$BTC and altcoin trends are diverging, but overall, the crypto market still relies on Bitcoin; if Bitcoin doesn’t strengthen, the sustainability of altcoin rallies is uncertain; you can interpret this as a rebound from overselling, or as institutional funds controlling the average cost of chips.
Bottoming out waiting for Bitcoin → Bitcoin hasn’t dropped yet → Bitcoin has dropped → following the drop → Bitcoin hasn’t reached the bottom yet → altcoins rally to defend prices and wait.
However, last night's rally gave me a clear sense that the funds in altcoins are getting a bit restless.
I believe: the market is generally still in a state of fluctuation, just moving towards a better direction.
In the crypto world, you need to find a way to earn 1 million first. If you only have a few hundred thousand, it's meaningless to keep trading every day; it's better to work hard. This refers to earning 1 million through trading, not investing 1 million. Investing 10 million without sufficient understanding can lead to total loss. Only when you have 1 million will your perspective on trading change, and your life will be different. Because once you have 1 million in capital, even doubling your investment in spot trading for a year can yield 1 million in profit. With a house in a first-tier city, earning 1 million a year can place you among the top tier in China, which is an amount that an ordinary person can hardly spend. Earning 1 million only requires an investment of 50,000, and this 50,000 can be made risk-free. You can initially invest 100,000, wait for an opportunity when the crypto market eliminates retail investors, buy spot trading and earn 100,000 profit, then use 50,000 of the 100,000 profit to gamble. To make big money, you have to take risks; when good opportunities arise, roll over your assets, and using two or three times leverage a couple of times can help you roll out profits. If you lose 50,000 in profit, invest another 50,000 to gamble. If all profit is gambled away, stop and continue to make profits with the 100,000 capital to gamble again. It sounds easy, but it requires an unimaginable level of patience.
The following is my view on the market I don't pay much attention to news about the market because I know that when I can know about it, it’s already not news. Some may ask what if bad news comes? In fact, even in those mature markets, the so-called big news has long been reflected in the prices. In the market, it is almost impossible to have news that is completely unknown. You may still be in the dark, but that doesn’t mean others are. Moreover, whether you know it or not, this information and small actions will directly affect the prices. By the time the news is made clear, those opportunities have already slipped away. For ordinary retail investors like us, the most fair and easily accessible information in the crypto world is the trend of K-line, which is public to everyone, requires no threshold, and does not need any insider information, just like we can all see the same sky. When the sky is overcast, it may rain, and how long the continuous rainy days will last, we can make judgments right now, this is the most intuitive information presented before us. Besides the trend, what else is more trustworthy for us?
Typical Phenomena and Views in the Early Stage of a Bull Market
Characteristics of the Early Stage of a Bull Market: 1. Bitcoin Leading Effect: When Bitcoin surges, market funds flow towards Bitcoin, while altcoins perform weakly. 2. Bitcoin Pullback, Altcoins are Weaker: Once Bitcoin adjusts, altcoins usually plummet, increasing market risk. 3. New Concept Coins Emerge: New coins with independent logic or popular concepts may stand out.
Debate About the Peak of the Bull Market
Some believe that the bull market has peaked, even proposing the saying 'see you next year.'
I believe that a short-term pullback is normal, but asserting that the bull market has ended is too arbitrary.
The market trend is not yet fully clear, and premature conclusions are often one-sided interpretations.
If the bull market really ends, we should also accept market education, with conflicting views and price fluctuations proving right or wrong.
If you are a newcomer to the bull market, here are a few points to pay special attention to:
If you are a newcomer to the bull market, here are a few points to pay special attention to: 1⃣️ In a bull market, every significant drop is a good opportunity to enter the market, especially during holidays when the market often experiences a pullback, making it a great time to increase positions. 2⃣️ If the cryptocurrencies you hold have not yet risen, do not rush, hold patiently, and wait for the right moment. 3⃣️ Do not invest all your funds into one cryptocurrency; diversify your risks by paying attention to multiple hot sectors and prioritizing leading projects in each sector, such as AI, payment technology, RWA, US public chains, BTC ecosystem, etc.
Before the big coin took off, you said the bull market was over and the bear market had begun, shorting, the more you short the more it rises, the more it rises the more you short, it exploded
Before the big coin took off, you said the bull market was over and the bear market had begun, shorting, the more you short the more it rises, the more it rises the more you short, it exploded The big coin is rising alone and you say this round of the big coin bull market, nothing else will rise, shorting Ethereum, and it exploded again Ethereum is catching up, you see the altcoin trash not rising, shorting altcoins, and it exploded again In the end, after losing everything shorting, I realized the bull market has come, rushed in to go long, BTC breaks 100,000 and your emotions are lifted, the market cleans up leverage, and it exploded again Now you think the bull market is over again, continue shorting altcoins Perfectly going bankrupt among all the opportunities to make money Now you want me to listen to you and run quickly🤣
Why do sharp declines often occur during a bull market?
Why do sharp declines often occur during a bull market? This is mainly due to violent market manipulation. In a bull market, retail investors tend to have high loyalty and strong stickiness. If they do not experience sharp declines, it is difficult to wash them out of the market; sometimes, continuous sharp declines are needed to make most retail investors sell and exit.
Some may ask, why is it necessary to wash out retail investors? Isn't it good for everyone to profit together in the cryptocurrency market? In fact, if there is no new capital inflow in the cryptocurrency market, if retail investors are not washed out, the main players will need to spend a lot of funds to raise the coin price.
Characteristics of the altcoin season in a bull market:
Characteristics of the altcoin season in a bull market: Stage 1 The ones that are rising are the coins you do not hold, and even the ones you haven’t bought before. Stage 2 The ones that are rising are the coins you once held, but you couldn't hold on. Stage 3 When you finally can't resist and decide to switch positions and chase other coins, the originally strong coins start to pull back after you chase the highs, trapping you. Worse yet, the coins you switched to start to rise significantly after you sell them. This 'chasing highs and selling lows' scenario often occurs during the altcoin season of a bull market, reminding everyone to maintain patience and calmness, avoiding being swayed by market emotions.#VELODROME将上线币安
How to determine if a coin will rise??? Determining if a coin will rise is very simple. There are mainly two points: 1. Will the operator pull the price? 2. Will the retail investors continuously buy in? An operator who can pull the price must have strength and does not care about the gains and losses of a single place, focusing more on making a big profit. Whether retail investors buy in mainly depends on whether the story's script has continuity and whether it can produce sequels. The longer the script is broadcasted, the longer the retail investors will buy in. If a project has neither a continuous script to attract attention nor a very strong operator, what are you waiting for if it’s not going to zero?? 99% of meme coins and 99% of inscriptions are like this, The operators just want to cheat some money and then stop; the story's script can only be played for three days. How much space is left for others after the operator's earnings? In the script, very few can make money in these few days. If you get involved in such projects and want to make money, it is no different from pulling teeth from a tiger's mouth. So, in terms of investment: 1. You should invest in those projects where the operator has strength and has not yet made a move. 2. The script has not yet reached its climax; it’s still in the teaser stage. Ambush in advance, and when the script reaches its climax, sell your chips to those addicted viewers. 3. Or you need to have the ability to obtain various cheap chips through means like promotions or giveaways. 4. If you cannot do any of the above, then just buy the most reliable things steadily, follow the overall market trend, and you won't lose.
This week it feels like the crypto world has entered the second stage of this bull market: Altcoin Frenzy!
The theme of the first stage was BTC and Memes, and 80% of people in the circle are not making money because very few new investors entering during the last bull market held BTC. Memes mainly benefited the project parties and KOLs with community CX abilities.
The expectation for the second stage is: the combination of Trump + Musk, with several landmark events that need special attention: First, Trump taking office on January 20; Second, Trump firing Fed Chair Powell; Third, Musk's Doge department being established and starting work; Fourth, the implementation of various policies regarding crypto by Trump, such as establishing a BTC reserve mechanism;
Apart from BTC, what coins can be held long-term? Currently, it seems that Musk's Doge is a candidate, along with Coinbase (stock), which has always supported Trump.
So what sectors can be invested in? From the recent surge of XRP, it can be seen that it still needs to be close to practical applications, so I am most optimistic about these three sectors: RWA, Memes, and AI!
1. Be Patient During Consolidation: Don't make moves when the market is sideways; once consolidation is over, the trend will change.
2. Don’t Hold Onto Short-Term Hot Stocks: Popular positions are heavily speculated; when the hype fades, funds will withdraw. Frequently change positions to mitigate risks.
3. Hold Steady During Acceleration: If the K-line is gradually moving upwards, and there is a large opening bullish candle with high volume, the acceleration of the trend has arrived; hold your coins to secure profits.
4. Exit After a Huge Bullish Candle: As soon as a large bullish candle appears, regardless of the price level, funds should decisively exit the market.
5. Moving Average Support Points Are Key Buy/Sell Points: The moving average and support/resistance levels must be executed even if they are wrong.
6. Better to Enter Less Than to Enter Too Much: Prepare well before taking action; the cryptocurrency market is unpredictable, and entering the market requires caution.
The reason many retail investors cannot make big money
The reason many retail investors cannot make big money is that they have a problem with their mindset; they want to run away as soon as they make a little profit. Back in 2019, when I didn't have much money, I took on a bit of someone else's account to run CTA quant trading. As a result, there was a fool who manually closed the position. This led to a significant loss in potential profits. Since that time, I have developed a strong dislike for those self-righteous retail investors. I will never take on retail funds again. How should I put it? These people have no correct understanding; they do not have a fixed trading system. This time they made money from a trend and think trend trading is good, but the next time they lose on a trend, they consider switching to range trading. They are always thinking they can make money in every situation. Last year, I told a younger brother, 'First of all, do not take retail funds, especially those who think they know a lot, like those so-called market commanders. If you do take funds, make sure they are from women, as women tend to be more laid-back in their investments.'
The reason many retail investors cannot make big money is that they have mindset issues; they want to run as soon as they make a little profit. Back in 2019, when I didn't have much money, I took on some of someone else's accounts to run CTA quantitative trading. As a result, there was an idiot who manually closed the positions. This led to significantly less profit. Since then, I have been very disdainful of those self-righteous retail investors. I will never take on retail funds again. How to say it, these people have no correct understanding; they themselves lack a fixed trading system. This time they make money from trends and think trend trading is good; next time they lose money in trends and want to switch to range trading. They always think they can make money regardless of the situation. Last year, I told a younger brother, never take retail investors' funds, especially those who think they know a lot, like a self-proclaimed commander. If you must take on funds, it should be from women, as female investors are generally more laid-back. Especially in 2019, when domestic funds were at their peak, many retail investors traded short-term with funds, and the fees for short-term trading were ridiculously high, showing just how low these retail investors' IQ could be. #美国GDP数据即将公布
October 18, Friday! Time flies so fast, another week is over in the blink of an eye! ✅Market analysis The market is not too volatile, the market is basically consistent with what Brother Yu said in his blog yesterday, the market is volatile, and the intraday fluctuations of the big cake and the second cake are basically within 2 points. At present, the price of BTC is around 68000 and ETH is around 2630. The current position is very critical. In terms of pressure position, if it cannot be effectively broken through in the next two days, it may usher in a wave of callbacks. BTC pressure 68400/69000/70000 Support 67400/66800/66000 ETH pressure 2680/2750/2900 Support 2600/2520/2400 ✅Spot sector Now you say it is a blood-sucking market, but the big cake and the second cake are not so strong. However, the cottage seems to have no leading bird. Almost all the cottages are waiting for the big brother to lead. If the big brother does not take the lead, the cottage can only watch the show. For the spot, you can still refer to what I recommended yesterday. Don't move the others. Wait until the market is clear before moving the idle positions in your hands!
From 70,000 earned 12 million, trading coins for 10 years, now supporting my family through trading coins. I have summarized my hard-earned experience.
1. Once the rise begins, it definitely won't end easily, so the major corrections that occur in the early stages are to clear the long leverage. Don't be afraid, maintain a good mindset.
2. In a bull market, there are many spikes. If your position isn't fully invested, wait for a pullback, preferably when Bitcoin drops by more than 20 points, and directly fill up on valuable coins. Otherwise, if you fill up at a high position, you might get a spike at any time, which most people can't handle during a pullback.
3. You must manage your position well; it's best to layout in several key sectors. If you fully invest in one sector and it doesn't move in the short term while other sectors are rising, it's the most uncomfortable. If you chase it, you'll get stuck. After liquidating, it may take off again in just a few days, which many people have encountered.
4. The market always rises amidst divergence; what many people criticize is often an opportunity, and when everyone is optimistic, that's actually a risk.
5. Don't always think about doing short-term high selling and low buying. Once you get off midway, you'll find that it won't go back at all. Playing short-term is less profitable than just lying down and earning more.
6. Every time there is a market pullback, there will be panic. Everyone says the bull has run away, but the truth is that it must experience at least three or four major corrections before the bull market can end. So don't be afraid, maintain a broad vision. As long as you hold on and it's not trash coins, even the worst can have five to ten times returns. In a bull market, getting two to three times in the spot market is really not much.
As the bull market begins to show, if you don't have much capital, it's not suitable to hold Bitcoin. If you want to invest in altcoins for high returns but don't know which coin to choose, then follow Feng Ge, observe the main trends, and arrange your investments for the entire bull market.
News The overall recent market trend of the big cake shows a strong unilateral upward trend, although there are some adjustments and corrections. But this is normal, it is impossible to rise every day. Yesterday, the price broke through the recent high point, rose all the way to the 68400 line and then fell under pressure, but the correction was small, and the current trend is consolidating around 67200. From the daily level, the K line has closed positive for three consecutive days, and the Bollinger band is still open. Although the current trend is suppressed by the upper rail and is in a consolidation stage, the bullish sentiment is still strong, and the intraday stability is still mainly low and long.
Technical aspect From the daily level, the K line has closed positive for three consecutive days, and the Bollinger band is still open. Although the current trend is suppressed by the upper rail and is in a consolidation stage, the bullish sentiment is still strong, and the intraday stability is still mainly low and long.
In the ever-changing Bitcoin market, any slight fluctuation can closely affect the hearts of countless traders. Just recently, the market finally flashed an exciting dawn - on Monday's daily chart, Bitcoin successfully broke through the 200-day exponential moving average, the bull market support band and the shackles of the long-term descending channel. There is no doubt that this sends a positive and strong signal.
Since Bitcoin hit a low of nearly $30,000 in October 2023, the market seems to have been looking for an opportunity for rebirth. Now, with the advent of this major breakthrough, the broader upward trend seems to have quietly regained control. This not only gives traders hope for a market recovery, but also inspires their endless anticipation that Bitcoin prices will break through the historical high of $73,000 in the future.
However, the complexity of the market is far from what we can easily guess. Although the breakthrough on the daily chart creates the possibility of a price rebound to a new high, traders still need to remain vigilant while being optimistic. After all, every fluctuation in the market hides countless variables and challenges.
Last night, BTC re-established itself on the EMA24 moving average in a 45-minute custom cycle, and then hit 67,990 in one go. However, above 67,000, the main force traded over $122 million in sell orders, and the selling pressure increased sharply, causing BTC to plummet by 4.7%.
According to the tracking of the main large orders, when BTC fell and approached the support area, the main force quickly stepped in to protect the market, and traded $101 million in buy orders in the range of 64,800-65,600, and many large orders lasted less than 15 minutes. After the intensive buy orders were traded, BTC stood firm on the support and returned to 67,000.
According to the liquidation strategy tracking, when BTC hit the high point and fell back last night, the liquidation reversal signal was triggered. Please see the accompanying picture for details.
Bitcoin is now firmly suppressed below 70,000. But in fact, it is super easy to break through 70,000 or even create new heights. Altcoins are also beginning to stir under the leadership of Bitcoin~ Meme has performed very well in this wave of market conditions! Let's wait and see, maybe one day there will be a big opportunity or good news. By then, Bitcoin will be able to break through 70,000, or even fly higher! Altcoins will also take the opportunity to revel and soar into the sky! We just need to hold on to the high-quality coins we like. Sector rotation, interest rate cuts and water releases will all make prices rise! Dog dealers will also continue to ship as prices rise. Believers have worked silently for three years and look forward to a full harvest next year. But speculators only see the greed after the surge, but ignore the risks. The feast after the bull market always has some people happy and some worried. But we have to learn from experience and continue to grow in order to usher in a reversal in life.