I want to earn my first ten million in the cryptocurrency market, so I need to put my fantasies away. To be realistic, most people don't even have the 'stable understanding of operations at the ten million level,' let alone account numbers. The first step in the cryptocurrency world isn't rushing to ten million, but rather recognizing a fact: even if you currently have a decent amount of capital, relying solely on spot trading to make 20% a year is already the maximum for ordinary people.
The reason I have survived in this market for so many years is that I have never relied on making money every day, but rather on breaking down compound interest into a few really confident heavy bets. Normally participating with small positions to develop a feel and wait for cycles; only when the market truly belongs to the trend do I push my position up, and I only focus on one direction—always rolling long and never touching short.
What does it mean to have a market that 'should be entered'? It's not about news, not about excitement, but about the structure revealing itself. First, there’s a collapse that crushes everyone’s emotions, followed by a long period of sideways movement that tests patience, and finally a sudden breakout with increased volume; that’s when the trend is formed. Looking at the daily chart, if the price stands above the key moving averages and volume amplifies simultaneously, the market atmosphere begins to warm up. Meanwhile, outside remains quiet, there's no buzz about you on hot searches, groups are still criticizing the organizers and projects; this is often when funds truly enter the market.
How to do it? Let’s take an extremely real example. Suppose you have 50,000, but the premise is that this 50,000 must be profits earned before, not life-saving money. First, stop, recover, reset your mindset to zero, and then talk about rolling positions. Always do it position by position, with an overall position not exceeding 10% of the account, and leverage controlled within 10 times, which makes the actual risk close to 1 times. The stop-loss is fixed; 2% is 2%, no storytelling.
The first time you add to your position after a breakout isn’t about feeling; it’s about results. The price must confirm at least 10% before you take 10% of the new profits to continue opening positions. Always follow your stop-loss, never average down, never hold on stubbornly, and never bet against the market. Once the stop-loss is hit, close the software immediately, and save your bullets for the next opportunity.
A real primary rising wave can easily move 50%, and compounded, turning 50,000 into 200,000 is not surprising. After two rounds, it can reach millions. As long as you truly roll it from three to four times, from 50,000 to 1 million, then to 10 million, you should start considering how to exit safely instead of continuing to push.
Remember a few bottom lines: don’t roll during volatility, don’t roll during a downtrend, and definitely don’t roll coins that are pumped by news; in the worst case, you only lose the margin for each position, and the other funds in your account must be isolated; during the rolling phase, the money earned should be withdrawn regularly, take 30% to buy things in the real world, and don’t let greed drag you back into the market.
Rolling positions is not about gambling your life; it's about waiting patiently. If you can't wait, just lie down; if you misjudged, just admit it. Better to miss out than to rush in. Once you roll out your first million, concepts like position, emotion, and cycle will naturally become ingrained in you. The road ahead is merely about repeating the right things.
This market is never short of opportunities; it only gives them to those who are prepared. If you're feeling lost right now, it means you're still on your way. Those who share the same consensus will gradually end up on the same side.
