Learn this rolling method; the next myth of the cryptocurrency circle may be you?
There are many strategies for rolling, some of which are carried out by holding a single currency for a long time, and some are completed by switching between multiple currencies in a short period of time, but the core logic remains unchanged, all based on profit reinvestment. Rolling can continuously magnify profits, and there is no upper limit, especially when operating between multiple currencies, you don’t need too much principal to make huge profits.
Contract rolling is usually based on long positions, because the rising potential of cryptocurrencies is unlimited. Especially for some altcoins, some popular currencies can increase by 30-50% or even 80% within a day. In this case, rolling can bring amazing returns.
Take $50 as an example, using 20x leverage, if the currency held increases by 30% within a day, and the position is continuously rolled during this process, the final return may be between $6,000 and $10,000. Compared with the $50 principal, this is almost 200 times the return.
Of course, 20x leverage means a lower tolerance rate. Unless it is a currency that rises unilaterally, if there is a callback of about 4% in the market, it is easy to lose all profits (protection loss). Therefore, for beginners, it is recommended to use 5x or 10x leverage, which greatly improves the tolerance rate. Generally, strong currencies are unlikely to callback more than 10% in the market, so the risk is much smaller than 20x leverage.
Of course, the income will also be reduced accordingly. Using 10x leverage, according to the 30% increase, the final income may be around 2000-3000 US dollars, which is also quite good. It embodies the classic characteristics of contract trading "small investment, big return", which is also the charm of contract trading.
For contract trading, if you use large funds to trade at the beginning, unless you have strong technical analysis and risk control capabilities, you will probably end up losing money. Before you have these capabilities, the best practice is to use small funds such as 50-100 US dollars to roll hot currency positions, which is also the easiest way to achieve wealth reversal.
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