#数字资产动态追踪 Why do some people frequently get liquidated? It's often not a matter of luck, but a misunderstanding of the concept of "rolling positions."

Many traders treat rolling positions as a synonym for "cost averaging"—they rush to add to their position whenever the price drops, resulting in an ever-increasing position size, and a deep correction can wipe out their entire capital. This is not rolling positions; it's gambling on a rebound with your principal.

What is true rolling? Using profits to generate more profits while firmly locking your principal in a safe.

**The "Rolling Trap" for Ordinary Traders**

Seeing losses, they want to turn things around, adding more and more. Positions pile up like mountains, but risk is infinitely amplified. Once the market moves against them with a violent surge, they are forced to exit. This approach is like pushing a snowball off a cliff repeatedly—eventually, it either rolls down or gets blown apart.

**How do experts do it?**

The core logic is simple: let profits take risks, and keep the principal in the safe zone forever.

How exactly? Take $8000 as an example. Suppose you are bearish on a certain coin:

**Stage One: Very small trial, just to verify the logic**

Start by investing a small amount—say $400 (about 5% of total funds)—to open a short position. Set your stop-loss clearly. The real purpose of this trade is not to get rich overnight but to let the market verify your judgment. If you are wrong, the loss is minimal. If you are right, you can proceed to the next step.

**Stage Two: With profits, add to the position**

If the first short position yields a floating profit (for example, earning $200, which is a 50% return), then consider adding to the position. But here’s the key—funds for adding must come from that $200 profit, and not a single cent from the $8000 principal. Use the profit to open a second short position. Even if the second judgment is wrong, at worst, you lose that profit, and your $8000 principal remains intact.

**Stage Three: Confirm the trend, take profits in batches**

When the market develops as you expected, and your floating profit approaches or exceeds your initial $8000 principal, it’s time to take profits in stages. Or move your stop-loss to break-even to ensure you don’t lose the principal at least. The remaining position? You can continue to use profits to chase the trend’s end.

**Why is this the smartest approach?**

This method forces you to change your mindset. It’s no longer about "proving I am right," but about "letting the market tell me if I am right."

Small trial trades keep you humble. Profits used to add to positions ensure each expansion is based on already winning trades, not relying on some elusive rebound. Staged take profits and hedging ensure you never give everything back out of greed.

The biggest benefit of this strategy? It safeguards your survival ability. Staying alive in the crypto world means winning. You may not see spectacular annual returns, but you will see yourself still here next year, the year after, while those who go all-in and gamble have long disappeared from the market.