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How to rollover to make yourself rich
How to rollover:
Points to note for rollover:
1. Sufficient patience is required; the profits from rollover are enormous. As long as you can successfully roll over a few times, you can earn at least tens of millions or even billions. Therefore, you should not roll easily; look for high-certainty opportunities.
2. High certainty opportunities refer to a sideways consolidation after a sharp decline, followed by an upward breakout. At this point, the probability of trending is quite high, and it's crucial to identify the point of trend reversal and get on board from the very beginning.
3. Only rollover long positions;
▼rollover risk
If you open a position of 10,000 with Bitcoin and set the leverage to 10 times, using the isolated margin mode and only opening 10% of the position, it means you are only using 5,000 as margin, which is actually equivalent to 1x leverage, with a stop loss of 2 points. If you hit the stop loss, you would only lose 2%, which is only 200. How do those people get liquidated? Even if you get liquidated, isn't it just losing 5,000? How can you lose everything?
If you are correct and Bitcoin rises to 11,000, you continue to open 10% of the total funds, setting a stop loss at 2% as well. If the stop loss is triggered, you still make an 8% profit. What about the risk? Isn't the risk supposed to be very high? And so on...
If Bitcoin rises to 15,000 and you successfully increase your position, you should be able to earn around 200,000 from this 50% market movement. Just by seizing two such market opportunities, you'd have around 1,000,000.
There is fundamentally no compound interest; 100 times is earned through 2 times 10 times, 3 times 5 times, and 4 times 3 times, not by compounding 10% or 20% every day or month. That is nonsense.
The concept of rollover itself does not carry risks; not only does it have no risks, but it is also one of the most correct approaches to futures trading. The risk lies with leverage. You can roll over with 10x leverage, but 1x works just the same. I usually use two to three times; isn't capturing two instances the same as dozens of times the return? If worse comes to worst, you can use 0.x leverage. What does this have to do with rollover? This is clearly a matter of your own choice of leverage. I have never said to operate with high leverage.
Moreover, I have always emphasized that in the crypto world, you should only invest one-fifth of your money and only one-tenth of your spot trading money in futures. At this time, the funds for futures only account for 2% of your total funds, and futures should only use two to three times leverage, and you should only trade Bitcoin. You can say that this reduces the risk to a very low level. If you lose 20,000 out of 1,000,000, would you feel heartbroken?
▼How to grow small capital
Many people have many misconceptions about trading, such as the idea that small funds should engage in short-term trading to grow their capital. This is a complete misconception; this kind of thinking is simply trying to exchange time for space, attempting to get rich overnight. Small funds should actually focus on medium to long-term trading to achieve significant growth.
If you have a principal of 30,000, you should think about how to triple it in one go, and then triple it again in the next wave... this way you will have four to five hundred thousand. Instead of thinking about earning 10% today and 20% tomorrow... doing so will eventually lead to your downfall.
Always remember, the smaller the capital, the more you should focus on long-term investments, relying on compound interest to grow it significantly, rather than engaging in short-term trades for small profits.