There is a term in the cryptocurrency world that is often mythologized - 'rolling positions'. Some say it's a 'wealth accelerator', turning 50,000 into a million; while others criticize it as a 'liquidation catalyst', reducing 100,000 to zero in a few days. In fact, rolling positions are neither mysterious nor evil, just like driving: following the rules can lead you safely to your destination, while reckless steering will only lead to disaster.

If you only have 5000 yuan in capital and want to reach the million threshold through rolling positions, this article will break down the specific path - it's not about luck, but a combination of 'floating profit capital increase + low leverage + strict discipline', with replicable operational details at every step.

One, first understand: rolling positions is not 'leveraging to gamble', but 'using profits to roll a snowball'.

Many people misunderstand rolling positions as 'fully leveraging aggressively', which is a fatal misconception. The true core of rolling positions is encapsulated in 8 words: increase positions from floating profits, lock in risks.

Simply put: use the profits earned from the principal to expand the position while keeping the principal safe. It's like rolling a snowball; first, use your hands to push (the principal) to get the snowball moving, and once it has inertia (floating profits), let the snow (profits) stick to it, making the snowball grow bigger, but your hands (the principal) never get caught in it.

For example:

With a 5,000 yuan principal, use a 10x leverage gradual position mode, only using 10% of funds (500 yuan) as margin to open a position, equivalent to using 1x leverage in practice (500 yuan × 10 = 5,000 yuan position, equal to the principal). Set a 2% stop loss, with a maximum loss of 100 yuan (5,000 yuan × 2%), minimally affecting the principal.

If you earn 10% (500 yuan), the total funds become 5,500 yuan. Then take another 10% (550 yuan) to open a position, still using 1x leverage, with a stop loss of 2% (loss of 110 yuan). Even if you stop loss this time, the total funds remain 5,500 - 110 = 5,390 yuan, which is still 390 yuan more than the initial amount.

This is the underlying logic of rolling positions: use profits to bear risks and keep the principal safe. High leverage and using the principal to increase positions is essentially gambling, and it will eventually lead to liquidation.

Two, the 3 life-and-death lines of rolling positions: stepping on one means you can roll 5,000 into a million.

The key to rolling positions is not 'how fast you earn', but 'how long you survive'. I've seen cases where 5,000 yuan rolled to 800,000, and also tragedies where 100,000 turned negative. The core difference lies in 3 rules:

1. Leverage must be 'ridiculously low': 3x is the upper limit; 1-2x is safer.

'The higher the leverage, the faster the profit' — this is the pit that beginners are most likely to fall into. In 2022, I saw a retail investor who started with 5,000 yuan and used 20x leverage to roll positions. He made 3,000 yuan the first time but faced a flash crash after increasing his position, leading to immediate liquidation.

Remember: rolling positions rely on 'compound interest through frequency', not 'one-time big profits'. A 3x leverage means '33% volatility can lead to liquidation', combined with a 2% stop loss, allowing for a large margin of error; whereas a 10x leverage can trigger forced liquidation with just a 10% fluctuation, which cannot withstand the normal fluctuations in the crypto space.

My advice: in the early stages, use 1-2x leverage. After achieving 5 consecutive profits and stabilizing your mindset, increase to 3x, and never touch 5x or above.

2. Position increases can only use 'floating profits': the principal is the trump card and must never be touched.

The essence of rolling positions is 'making money with the market's money'. For example, with a 5,000 yuan principal, if the first profit is 1,000 yuan, the total funds become 6,000 yuan. At this point, the most you can use to increase your position is 1,000 yuan in floating profits, and the principal of 5,000 yuan must remain untouched.

This way, even if adding positions leads to losses, the maximum loss is just the floating profit, and the principal remains safe. Conversely, if you invest all 5,000 yuan principal at once, a single misstep brings you back to square one, nullifying all previous efforts.

Just like fishermen catching fish: use the fish caught as bait; even if no new fish are caught, the boat won't be lost.

3. Stop losses must be 'ironclad and cold-blooded': 2% is the red line, cut losses when the time is up.

'Wait a bit longer, maybe it will rebound' — this statement can ruin all rolling plans. When rolling positions, the stop loss for a single transaction must be strictly controlled within 2% of the total capital; for 5000 yuan of principal, it's 100 yuan, and for 100,000 yuan of principal, it's 2000 yuan. Cut it immediately when the time is up, with no excuses.

In 2023, Bitcoin rose from 30,000 to 40,000. I used 1x leverage to roll positions, with 3 stop losses in between, each losing 1,000-2,000 yuan, but ultimately, 6 profitable trades tripled the total capital. If I had held onto a position during one of the losses, I might have been washed out by fluctuations and missed the subsequent main upward trend.

Three, from 5,000 to 1 million: roll positions in 3 phases, with specific operations at each step.

To roll 5,000 yuan to 1 million, it needs to be advanced in phases, with different targets and strategies at each stage. Just like climbing stairs, taking 3 steps at once can lead to a fall; taking one step at a time is the way to reach the top.

Phase One: 5 thousand → 50 thousand (accumulate starting capital, practice feel)

Core goal: use spot trading + small leverage to familiarize with the rhythm and accumulate the first 'pressure-free capital'.

First, use 5,000 yuan for spot trading: buy BTC and ETH at the bear market lows (for example, when BTC dropped to 16,000 in 2023), wait for a 10%-20% rebound to sell, repeat 3-5 times to roll the funds to 20,000.

Join with 1x leverage to roll positions: when BTC breaks through key resistance levels (like 20,000, 30,000), use 1x leverage to go long. Once profits reach 10%, increase positions by 10% using floating profits, with a stop loss of 2%. For example, with a 20,000 yuan principal, the first position is 2,000 yuan. After earning 200 yuan, increase the position by 200 yuan, keeping the total position not exceeding 10% of the principal.

Key point: do not pursue speed in this phase; focus on practicing 'stop loss + increasing positions from floating profits' muscle memory. Complete at least 10 profitable trades before entering the next phase.

Phase Two: 50,000 → 300,000 (capture trend markets, amplify profits).

Core goal: increase the frequency of rolling positions in a clear trend, accelerating with 'segmental compound interest'.

Only operate in 'certain trends': for example, when BTC's daily line stabilizes above the 30-day line and trading volume increases by over 3 times, confirm the upward trend before rolling positions. After the approval of BTC ETF in January 2024, it will be a typical trending market suitable for rolling positions.

Position increase ratio: every 15% profit, use 30% of floating profits to increase positions. For example, if the 50,000 yuan principal earns 15% to 57,500, take out 2,250 yuan (30% of the floating profit of 7,500) to increase positions, keeping the total position under 20% of the principal.

Take profit strategy: every 50% increase, take 20% profit. For example, rolling from 50,000 to 100,000, withdraw 20,000 cash, leaving 80,000 to continue rolling. This way, you can lock in profits and avoid the collapse of the 'profit giving back' mentality.

Phase Three: 300,000 → 1 million (rely on long-term trends, earn 'era dividends').

Core goal: seize the major market trends of bull and bear transitions, completing a leap with one major trend.

Wait for 'historical opportunities': for example, when Bitcoin rises from bear market lows (like 15,000) to mid-bull market (like 60,000), such 5x-level trends allow rolling positions to leverage returns of more than 10 times. During the bull market of 2020-2021, some people rolled from 300,000 to 5 million, relying on such big trends.

Dynamically adjust positions: in the early trend, keep positions at 10%-20%, increase to 30%-40% in the mid-phase, and reduce back to 10% in the later phase. For example, if BTC rises from 30,000 to 60,000, use a position of 30,000 in the early phase, increase to 60,000 at 40,000, and reduce to 30,000 at 50,000, ensuring you don't miss the main upward trend while reducing risk at the top.

Ultimate discipline: stop rolling positions when funds reach 800,000, withdraw 500,000 to hold stablecoins, and continue operating with the remaining 300,000. Remember: the endpoint of rolling positions is 'locking in wealth', not 'rolling forever'.

Four, the most easily overlooked: the 'psychological moat' of rolling positions.

Rolling from 5,000 yuan to a million, skills account for only 30%, while mindset accounts for 70%. I have seen too many people who pass the technical test but fail due to two psychological traps:

1. Don't be greedy for 'perfect positioning': it's better to miss than to add incorrectly.

There will always be people tangled in 'adding too early' or 'adding too little', for example, planning to add positions after a 10% profit, but getting anxious at a 9% increase or waiting for a pullback at a 15% increase. In fact, rolling positions does not require precision; as long as you add positions within the 'profit range', it is not considered wrong.

Just like farming, as long as you plant seeds in spring, it doesn't matter if it's a few days earlier or later; it's better than missing the planting season.

2. Accept 'imperfect stop losses': stop loss is a cost, not a failure.

During the rolling position process, having 3-4 stop losses out of 10 trades is normal. In 2023, while rolling SOL, I had 2 stop losses out of 5 trades, but the remaining 3 profitable trades increased the total funds by 80%.

Treat stop losses as 'buying a ticket' — if you want to enter the amusement park, you have to buy a ticket. Occasionally encountering a boring ride doesn't refund your ticket money, but it doesn't affect your enjoyment of other rides.

Five, 3 practical cases of rolling positions with 5,000 yuan: don't step on the pits that others have already stepped on.

Positive case: 5,000 yuan → 780,000, achieved through 'simple methods'.

From 2022 to 2024, some people started with 5,000 yuan in spot trading, buying ETH (at $880) during the bear market, selling at $1,200 for a 40% profit; then rolled positions with 1x leverage, increasing positions by 10% for every 10% profit, setting a stop loss of 2%. In two years, they rolled up to 780,000 yuan. Their secret: only trade ETH, avoid altcoins, and don't change coins, winning through 'focus + discipline'.

Negative case: 100,000 → 500, died from 'leverage addiction'.

In 2023, a retail investor used 100,000 yuan with 5x leverage to roll positions. After making 50,000 in the first two times, he increased leverage to 10x. As a result, he encountered a flash crash in BTC, leading to a liquidation leaving him with only 30,000; unwilling to accept it, he used 10x leverage to add positions again, and a week later, he was completely wiped out. He committed the major taboo of rolling positions: using the principal to add positions and increasing leverage.

Key conclusion: the essence of rolling positions is 'exchanging time for space'.

From 5,000 yuan to 1 million, at least 2-3 cycles of bull and bear markets (3-5 years) are needed. Those who fantasize about achieving this in one year will ultimately be educated by the market. The wealth code in the crypto space has never been 'fast', but 'stable + long-term'.

Finally: the insights that rolling positions provide for ordinary people.

Can 5,000 yuan be rolled to 1 million? Yes, but 3 conditions must be met:

Use spare money for operations so that losing it doesn't affect your life;

At least spend 6 months practicing skills, completing 100 simulated trades;

Accept 'slow', don't pursue getting rich overnight.

Rolling positions are not a myth, but a tool for 'ordinary people to reverse through discipline'. Just like climbing stairs, every step is ordinary, but if you persist for 1,000 steps, you can reach heights that others cannot.

If you currently only have 5,000 yuan, don’t rush. Start rolling from the first profit of 100 yuan — the snowball of wealth must start from a small snowball.

I am the Great Master, a professional analyst and teacher, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will solve your confusion and help you with trades, speaking with strength. When you are lost and don't know what to do, follow me, and the Great Master will guide you.#AI板块表现突出 #资金涌入推动SOL上涨 #BTC