Rolling Warehouse: A Trap or Opportunity in the Crypto World?
Veterans in the crypto space are certainly familiar with the term "Rolling Warehouse." In simple terms, it means "the bold thrive while the timid perish."
How to play? Increase your position when you make a profit, and after closing a position, use a larger amount to continue trading, constantly rolling to magnify earnings. It's like when someone opened a 20x leverage on $EOS at $2, closed at $2.1, and continued with the profits, doubling once, quadrupling twice, with account earnings skyrocketing—it sounds exciting!
In 2018, I witnessed two cases of becoming rich through rolling warehouses; a wave of market movement with EOS and BCH turned many fortunes around. However, there are many more failure examples; some made a fortune in the first five tries but lost everything in the sixth.
The essence of rolling warehouses is betting on future wealth with current resources; one wrong judgment can lead to disaster. Many people do not even set stop-loss or take-profit orders, and when the market reverses, they lose all chances of recovery.
Therefore, when predicting a major market trend accurately, you can try rolling warehouses on a small scale, but stop after rolling 2 to 3 times. Don’t roll blindly, don’t bet on bull markets, and don’t fantasize that coin prices must rise.
Remember, taking profit is more important than fantasizing, and setting stop-loss is more valuable than courage. If you always think you can predict the market correctly, you're not far from losing everything.
The crypto world is not short of wealth stories; those who survive until the end are the ones who understand the importance of "stopping."
