When you hold 1 million in capital, life opens up a new dimension.
Even without engaging in leveraged trading, just a 20% increase in spot can yield a profit of 200,000, which is an unattainable annual income for many. Moreover, accumulating capital from tens of thousands to 1 million is no coincidence; it means you have grasped the keys and logic of making money. Subsequently, you only need to follow the successful experience and move forward steadily, replicating the method.
Do not aim too high, fantasizing about becoming a millionaire or billionaire in one step; instead, align with your actual situation. Over-exaggeration will only lead to self-destruction. In trading, you must accurately identify the scale of opportunities; you cannot be overly cautious or throw caution to the wind. Usually, you can test with small amounts, and when a great opportunity arises, then make a full effort.
Rolling operations must grasp the timing; they can only be executed when significant opportunities arise. There's no need to regret missing a rolling opportunity; if you can successfully roll over three to four times in a lifetime, you can achieve the leap from zero to millionaire and enter the wealthy class.
There are many points to consider in rolling: first, you must have patience. Although rolling can be highly profitable, you need to wait for a time with high certainty, such as after a sharp drop followed by sideways movement and then a breakout upwards; at this point, following the trend yields a higher probability of profit, accurately capturing trend reversal points, and initially starting the position only by going long.
Regarding the risks of rolling, it is not as terrifying as it seems. Suppose you have 50,000 in capital; how do you start with this? The premise is that this 50,000 must be from prior profits; if you are in a losing position, do not consider it for now. For example, if you establish a position when Bitcoin is at 10,000, using 10x leverage, do not go all in; only open a 10% position in a gradual manner, that is, 5,000 as margin, which is essentially close to 1x leverage. Set a 2% stop-loss point, and if the stop-loss is triggered, the loss is only 1,000, which is minimal.
Even in the case of liquidation, the loss would only be 5,000, how could you lose everything? Suppose Bitcoin rises to 11,000, continue to establish positions at 10% and set a 2% stop-loss; if the stop-loss occurs, you would still have an 8% profit. Following this pattern, if Bitcoin rises to 15,000 and the position increases smoothly, earning 200,000 in this 50% rise is not difficult. If you can seize this kind of opportunity twice, you can reap 1 million.
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