In the crypto world, if you want to turn 10,000 into 12 million, there is only one way: if you want to be quick, that is to roll over the warehouse +
Step-by-step investment strategy:
If your total account funds are 200,000, the maximum allowable loss is 20%, which is 40,000. A relatively risky but reasonable loss scheme might be: the first time 10,000, the second time 10,000, and the third time 20,000. This allocation allows you to have at least three opportunities to face the market. As long as you get it right once, you have the chance to profit or continue to survive in the market.
Grasp the market trend:
Trend trading is often harder to grasp than in a volatile market because it requires you to have the determination to hold positions. In a rising trend, any significant pullback is an opportunity to go long. If you miss the opportunity to get on the bus, or if you have already gotten off, patiently wait for the market to pull back by 10% to 20%, and then boldly go long.
Set profit and loss targets:
Setting profit and loss targets is key to profitability. To ensure total profit is greater than total loss, you can follow these principles: each stop loss does not exceed 5% of total funds, each profit exceeds 5% of total funds, and total trading win rate exceeds 50%. As long as these conditions are met, you can achieve profitability.
Avoid frequent trading:
Since the cryptocurrency market is open 24/7, beginners may trade frequently. However, frequent trading can easily lead to mistakes, and after mistakes, the mindset can worsen, potentially leading to worse decisions. Therefore, it is crucial to avoid excessive frequent trading and to maintain calmness and rationality.
Rolling warehouse strategy notes:
Be patient:
The profits from rolling the warehouse are huge, but it also requires patience to wait for high-certainty opportunities.
Look for high-certainty opportunities:
High-certainty opportunities usually appear during sideways shocks after a sharp drop, and then break upward. At this time, the probability of following the trend is very high.
Only go long, do not short:
In the rolling warehouse strategy, it is recommended to only go long and not short to reduce risks.