In the crypto world, you need to find a way to earn 1 million in principal first. To earn 1 million from a few tens of thousands, there is only one way, which is to roll the warehouse. Once you have 1 million in principal, you will find that your entire life seems different. Even if you don't use leverage, just with a 20% increase in the spot market, you can have 200,000, which is already the ceiling of annual income for most people. Moreover, when you can grow from tens of thousands to 1 million, you will grasp some thoughts and logic for making big money, and your mentality will also calm down a lot. From then on, it’s just a matter of copying and pasting. Don’t always think about millions or billions; start from your own actual situation. Bragging only makes the cow comfortable. Trading requires the ability to identify the size of opportunities; you can't always have a light position nor always a heavy position. Usually, play with a small position, and when a big opportunity comes, bring out the artillery. For example, rolling the warehouse, this can only be operated when a big opportunity comes. You can’t always roll; missing out is fine because you only need to roll successfully three or four times in your life to go from 0 to tens of millions. Tens of millions are enough for an ordinary person to upgrade to the ranks of the wealthy. A few points to pay attention to when rolling the warehouse: 1. Enough patience; the profits from rolling the warehouse are enormous. As long as you can roll successfully a few times, you can earn at least tens of millions or even hundreds of millions, so you can’t roll easily; find high certainty opportunities; 2. High certainty opportunities refer to sideways fluctuations after a sharp drop, followed by an upward breakout. At this time, the probability of following the trend is very high. Find the point of trend reversal and get on the car from the beginning. 3. Only roll long; rolling the warehouse risk. Let’s talk about the rolling warehouse strategy. Many people think this is risky, but I can tell you that the risk is very low, much lower than the logic of the futures contracts you play. If you only have 50,000, how to start with 50,000? First, this 50,000 must be your profit; if you are still losing, don’t look. If you open a position at 10,000 for Bitcoin, set the leverage to 10 times, and use the incremental mode, only open 10% of the position, which means only opening 5,000 as margin. This is actually equivalent to 1 times leverage, with a 2% stop loss. If you stop loss, you only lose 2%, just lose 2%? 1,000. How do those who get liquidated get liquidated? Even if you get liquidated, isn’t it just a loss of 5,000? How can you lose everything? If you are right and Bitcoin rises to 11,000, you continue to open 10% of the total funds and set a 2% stop loss. If you stop loss, you still earn 8%, where is the risk? Isn’t this said to be a big risk? And so on... If Bitcoin rises to 15,000, you are adding positions smoothly. In this wave of 50% market, you should be able to earn around 200,000. Grabbing two such waves equals around 1 million. There is fundamentally no compound interest. 100 times is earned through two times 10 times, three times 5 times, and four times 3 times, not through compounding 10% or 20% daily or monthly. That’s nonsense. This content not only has operational logic but also contains the core internal skills of trading, position management. As long as you understand position management, you can’t lose everything. This is just an example; the general idea is like this. Specific details still need to be pondered more by yourself. The concept of rolling the warehouse itself has no risk; not only is there no risk, but it is also one of the most correct ideas in futures trading. The risk lies with leverage. 10 times leverage can roll, and 1 time can also roll. Generally, I use two to three times. Grabbing two times is not the same as dozens of times return? If not, you can use 0. something times. What does this have to do with rolling the warehouse? This is clearly your own choice of leverage. I have never said to let you operate with high leverage. Moreover, I have always emphasized that in the crypto world, only invest one-fifth of your money, and at the same time, only invest one-tenth of your cash to play futures. At this time, the capital for futures only accounts for 2% of your total funds, and at the same time, futures only use two to three times leverage, and only play Bitcoin. You could say that the risk is reduced to an extremely low level. Would you feel heartbroken if 20,000 of 1 million is gone? Always leveraging is pointless. There are always people saying that rolling the warehouse is risky, that making money is just luck. Saying these is not to persuade you; there is no point in convincing others. I just hope that people with the same trading philosophy can play together. However, there is currently no screening mechanism, and there are always harsh voices that interfere with the recognition of those who want to watch. ▼ Capital Management Trading is not full of risks; risks can be mitigated through capital management. For example, I have a futures account of 200,000 dollars and a cash account from 300,000 dollars to 1 million dollars randomly. When there is a big opportunity, I add more; when there is no opportunity, I add less. With good luck, I can earn over 10 million RMB a year, which is already enough. With bad luck, in the worst-case scenario, the futures account gets liquidated. It doesn’t matter. The profits from cash can compensate for the losses from futures liquidation. After compensating, I can rush back in. Is it possible that in cash, you can’t earn a penny in a year? I’m not that bad. It’s okay not to earn money, but I can’t lose money, so I haven’t been liquidated for a long time. Moreover, in futures, I often earn and save one-fourth or one-fifth separately. Even if it gets liquidated, the profits will still be retained. As an ordinary person, my personal advice is to take one-tenth of your cash position to play futures. For example, if you have 300,000, take 30,000 to play. If it gets liquidated, rush the profits from cash into it. After you’ve been liquidated eight or ten times, you’ll surely get some insights. If you still haven’t figured it out, then don’t play; this field is not suitable for you. ▼ How to grow small funds Many people have many misconceptions about trading. For example, they think that small funds should do short-term trades to grow their funds. This is a complete misconception. This kind of thinking is entirely about trying to exchange time for space, trying to get rich overnight. Small funds should do medium to long-term trades to grow larger. Is a piece of paper thin enough? A piece of paper folded 27 times is 13 kilometers thick. If you fold it 10 more times, folded to 37 times, it would be thicker than the earth. If you fold it 105 times, the entire universe will not be able to contain it. Suppose you have 30,000 in principal; you should think about how to triple it in one wave and then triple it again in the next wave... This way, you can have 400,000 or 500,000. Instead of thinking about making 10% today and 20% tomorrow... this will eventually lead to your demise.
These days, I'm preparing for the divine single that is about to be launched!!!
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