In the crypto world, turning 10,000 into 12 million sounds like a bold dream, but through a rolling strategy, this dream could become a reality. Remember, even in the pursuit of high returns, give yourself three chances to try.
If your account has 200,000, allow yourself to lose 20%, which is 40,000. A reasonable loss plan could be: 10,000 for the first time, 10,000 for the second time, and 20,000 for the third time. Such a plan gives you at least one chance of success and helps you survive in the market, which is a success in itself.
Grasping market trends is harder than short-term trading because it requires you to chase up and sell down, maintaining composure in your positions. In an upward trend, any significant pullback is a good opportunity to go long. If you miss the boat or have already exited, wait patiently, and when a 10% to 20% decline occurs, boldly go long.
Setting profit-taking and stop-loss targets is key to profitability. Ensure total profits exceed total losses, and just follow these points: each stop loss does not exceed 5% of total capital; each profit is greater than 5% of total capital; total trading win rate exceeds 50%. This way, you can achieve profitability.
Avoid frequent trading. BTC perpetual contracts trade 24 hours, but frequent operations can easily lead to mistakes, and a bad mindset after a mistake may lead to counter-trend or heavy position operations, causing huge losses.
Note when rolling positions:
1. Stay patient; successful rolling positions can bring huge profits, so look for high certainty opportunities.
2. High certainty opportunities are sideways fluctuations after a sharp decline, followed by an upward breakout. At this point, the trend is clear, and you need to find the point of trend reversal accurately.
3. Only roll long, do not short.
In short, control risk, patiently wait for opportunities, and reasonably plan your rolling strategy to make the dream of turning 10,000 into 12 million possible.
Here comes the key point:
Next, I, Emperor Brother, will guide you in laying out several coins expected to rise by more than 60%. Don't run around like a headless fly, follow me, and let's soar together. If you want to join me, type '1' in the comments, and I'll personally take you flying.
Don't forget to pay attention to: doge, sui, cow, mask... these.
