After making 1 million in the cryptocurrency circle, I found that making money suddenly became much easier!
It is not easy to make 1 million from tens of thousands of yuan. You have to rely on rolling positions. Rolling positions means to boldly enter the market when you see the opportunity, but you have to wait for that opportunity with high certainty.
It feels really good to have 1 million yuan in capital. Even if you don’t play leverage, the spot price will increase by 20%, which is 200,000 yuan in income, which is already the upper limit of many people’s annual income. And when you make 1 million from tens of thousands of yuan, you can be regarded as touching some ways to make big money. From now on, you can copy and paste to make a steady profit.
Don’t always think about making tens of millions or hundreds of millions at once. Those are all clouds. You have to start from your actual situation. You have to be able to identify the size of opportunities when trading. You can’t always have a light position or a heavy position. Usually, you just do small things and wait for the big opportunity to come, then you have to go all out.
Rolling positions requires patience and determination. You have to wait for the opportunity to fluctuate sideways after the plunge, and then break upward. Only then will the probability of following the trend be high. Find the point where the trend reverses and get on board at the beginning, and don't hesitate. Moreover, only roll long positions, not short positions, this is the principle.
Many people think that rolling positions is risky, but the risks are actually controllable. Use leverage, but don't use it too high. Like me, I usually use two or three times, so the risk is reduced. Use fund management to resolve risks, such as separating contract accounts from spot accounts, investing more when the opportunity is big, and investing less when the opportunity is small.
Some people always think of using small funds for short-term operations, and want to roll up funds, which is a misunderstanding. Small funds should be used for medium and long-term operations, so that they can be expanded. You have to think about how to triple in one wave, and then triple again in the next wave, so that you can accumulate wealth quickly. Instead of thinking about making 10% or 20% every day, you will run out of money sooner or later.
Trading requires patience and determination. Learn to use leverage to identify opportunities and use fund management to resolve risks. Only in this way can you gain a foothold in this market and make a lot of money.
For the next layout direction, I will lead everyone to aim at the profit opportunities of copycats. There is no problem with the expected space of more than 10 times. Like + leave a message, and I will lead you to layout the entire bull market!