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I have seen many people roll their accounts to six figures, only to end up getting wiped out in the end.
Rolling positions - this tactic is always the most dangerous in the cryptocurrency market. The difference between huge profits and liquidation often lies in just one thought. Either take off or disappear without a trace; there has never been a moderate zone.
When I only had 1000U left in my pocket back then, I rolled it to 100,000 in three months. There are cases like this everywhere in the circle, and to put it bluntly, it comes down to three key strategies: 100 times leverage, reinvesting all profits, and sticking to a single direction.
At first, I was also timid and only dared to invest 300 dollars to test the waters. Each time I opened a 10 dollar contract with 100 times leverage, making a 1% profit would double it. I would withdraw half of the profits and let the rest continue to roll. Theoretically, if I got it right 11 times in a row, 10 dollars could become 10,000—math is just that merciless.
But why can't 90% of people get started?
Because they fell into three pits:
• Want to earn more after making a profit, unwilling to stop.
• Unwilling to accept losses, the more I补, the deeper it gets.
• The direction swings back and forth, being harvested by both sides of the market.
My principles are very firm:
• Stop loss immediately if wrong, acknowledge even if wrong twenty times, never stubbornly hold on.
• The account must withdraw to 5000U, not giving any opportunity for emotions to take advantage.
Last year there was a big market trend, I turned 500U into 500,000 in three days. But what you don't see is that I had been lying still for four whole months before that.
Rolling positions is not about opening positions every day; it's about making the decisive cut when the opportunity is ripe.
Many people are asking now: "Bro, can we still roll now?"
Ask yourself a few questions first:
• Is the market volatility large enough?
• Is the trend one-sided and clear?
• Can you just eat the body of the fish and not be greedy for the head and tail?
All three are "able"—so let's do it.
There is one "cannot" - then just wait.
Rolling over positions profits from the market, but it loses to human nature.