How to achieve a substantial increase in wealth in the cryptocurrency circle?
If you want to achieve considerable returns in the cryptocurrency circle, you first need to accumulate a certain amount of principal, such as reaching a scale of 1 million. So, how to accumulate from tens of thousands to 1 million? The rolling strategy may be a method worth trying. When you have 1 million in your hand, even without leverage, you can earn 200,000 as long as the spot price rises by 20%, which is a considerable annual income for many people.
In the process of growing from a small amount of funds to a million, you will learn the rules of making money and cultivate a more peaceful investment mentality. Remember, it is not easy to get rich overnight. Down-to-earth and steady investment are the key. In trading, we must learn to identify the size of opportunities, adjust the position size according to market conditions, operate with small positions at ordinary times, and go all out when encountering big opportunities.
The key to the rolling strategy is to choose the right time to operate. This requires investors to have enough patience and wait for opportunities with high certainty to appear. Generally speaking, sideways fluctuations and upward breakthroughs after a sharp drop are a good entry point, and the probability of following the trend is higher at this time.
During the rolling process, you need to pay attention to the following points:
1. Patience: Since the profit potential of rolling is huge, we need to wait patiently for opportunities with high certainty.
2. Trend following: Look for opportunities to break upward in the sideways shock stage after the plunge, and follow the trend to operate.
3. Long strategy: During the rolling process, focus on long opportunities.
The risk of the rolling strategy itself is not high. The key lies in how to use leverage. You can use leverage as low as 0.000 times to reduce risks. At the same time, fund management is also the key to resolving risks. For example, you can invest one-fifth of your funds in the futures market, so that even if you lose money, it will not have much impact on your overall financial situation.
For ordinary people, I suggest using one-tenth of the spot position to play futures. If the futures account loses money, you can make up for it with the profit of the spot. For small capital investors, medium- and long-term strategies may be more suitable, gradually accumulating wealth through the compound interest effect. Remember, investment is a long-term process that requires patience and strategy.
