A little friend who recently connected with me, in the cryptocurrency world for two years, rolled from 30,000 to 1,000,000. As a result, when BTC plummeted by 8% to below 84,000 USD on December 1, he went against the trend and shorted with 100x leverage, losing all his principal in one trade.

In this industry, rolling positions is a double-edged sword; if played correctly, it’s a money printer, but if played incorrectly, it’s a meat grinder.

Currently, BTC volatility has surged to 58.5%, and the funding rate for ETH perpetual contracts is 0.058%, right at a high volatility window. But the strategy must follow the rules: 100x leverage + profit reinvestment + anchoring a single trend.

Newbies are advised to test the waters with 300 USD, opening perpetual contracts of 10 USD each time, taking profit at a 1% fluctuation, so that a single profit doubles perfectly.

After making a profit, withdraw half to secure it, and continue rolling with the other half. If you judge correctly for 11 consecutive times, 10 USD can roll to 10,000 USD.

It is especially important to note that the ETH funding rate is more than twice that of BTC, and the holding period should be shortened by 40% to avoid losses.

However, on December 3, when ETH skyrocketed from 2700 to break through 3000 USD, old Zhou rolled his 500 USD to 500,000 in three days, having watched the Fed's interest rate cut expectations and the Fusaka upgrade for four months.

In contrast, most people fail for three reasons: holding onto losing positions and increasing their stakes, like retail investors who stubbornly held long positions during the crash on December 1;

stubbornly fighting against trend reversals, still not admitting mistakes even when BTC broke below the 85,000 support level;

frequently switching between long and short positions, getting repeatedly liquidated within a week.

My ironclad rules are just three: trigger the stop-loss line and close the position within seconds, absolutely do not hold positions, for example, immediately exit if BTC breaks below the 85,500 support level;

stop trading and cool down after getting it wrong 20 times in a row; withdraw 2,000 USD whenever the account reaches 5,000 USD.

In this field, it’s not about luck; it’s about judging the bearish signal of the BTC weekly MACD, being sensitive to the on-chain capital inflow before the ETH upgrade, and controlling human nature.

Now, there are always people asking, 'Can we still roll?' I advise you to first ask yourself three questions: Can you accurately judge the effectiveness of breaking the BTC 88,000 resistance level?

Can you grasp the trend in the ETH 2880-2950 USD range?

Can you manage to only profit from the body of the fish and not be greedy for the tail?

Only if the answer to all is 'yes' should you act, after all, the current market is fiercely contested between bulls and bears, and there are uncertainties before the Fed's meeting on December 10.

One tree cannot make a forest; the information gap in the cryptocurrency world is money.

Without insider information and professional circles, it’s easy to become fodder.

If you want to avoid detours, you can chat with me; a reliable circle is the foundation for getting to the shore.

Follow me; I only talk about practical skills that can be implemented. See you in the Binance chat room.