In the crack of the monitor, that segment of data cable stubbornly exposed its copper wire, resembling the nerve line that snapped during my third liquidation. This wire has now become the warning line I must glance at before every order.
In the autumn of 2022, the liquidation notice on the screen lay there stiffly, the -5000 yuan figure stinging my eyes. I was unwilling to accept it; clearly, I had floating profits of 3000, but due to greed, I increased my capital, and a sudden spike caused half a year's effort to evaporate instantly. The data cable that I frantically tore apart became the most authentic portrayal of that night.
Until later, when I marked down that iron rule in an old ledger: 'Leverage should not exceed 3 times, and additional positions should only use floating profits,' I truly understood: the essence of rolling positions is not to let the snowball grow wildly, but to ensure that your hands are never caught up in it.
01 The data line on the night of liquidation
That night after the liquidation, I looked at the broken data cable on the table and suddenly realized a problem: why did the first three rounds of rolling fail? The answer is hidden in those copper wires—each wire has its own load limit, and once the current is overloaded, the result is a fuse.
In the cryptocurrency world, 90% of people who play rolling fall in the same place: they misunderstand rolling as 'adding to floating profit' while ignoring the most critical prefix—'only use'. These two words are the line between life and death.
The mistake I made at that time was very typical: 5000 yuan principal, 10x leverage, after earning 3000 yuan in floating profit, instead of just using this 3000 yuan to increase my position, I greedily put up the 5000 yuan principal again. As a result, the market slightly retraced, and my position was directly breached.
The true logic of rolling should be: starting with a principal of 5000 yuan, only taking 10% (500 yuan) for the first trade, setting a stop loss at 2%. After making a profit of 10%, the total capital becomes 5500 yuan, and for the next trade, still only take 10% (550 yuan) for operations. This way, even if there are 5 consecutive stop losses, the principal remains safe.
02 The 'stupid method' starting from 5000 yuan
Two months after the liquidation, I took the remaining 5000 yuan and began to implement a method that seemed particularly 'stupid'.
The first step is to divide the funds into 10 parts, each part 500 yuan. The first rule: only use one part at a time, absolutely do not touch the principal.
I remember very clearly that ETH was fluctuating around $880. I used the first 500 yuan, opened a 1x leverage (the actual risk was equivalent to 10% of the principal), and set a stop loss at 2%. Fortunately, this trade made a profit of 10%, and my account gained 50 yuan in floating profit.
According to the plan, for the second trade, I used this 50 yuan floating profit, plus a new portion of 500 yuan principal. The benefit of doing this is: even if the second trade loses, I only lose the floating profit part, and the first profit has already been cashed in.
This method tests one's speed the most. When ETH rose from $880 to $1200, I rolled 17 times in total, with 3 stop losses in between. The most thrilling time was at $1100, where I almost couldn’t resist adding to the principal, but in the end, I only added 200 yuan of floating profit. As a result, it later retraced by 30%, and because I adhered to this principle, the principal remained intact.
03 The three iron rules of rolling
After two years of real market verification, I summarized three iron rules. These three sound simple, but less than 10% can stick to them.
First, the leverage must be low enough to make you feel 'suffocated'. 3x is the ceiling, while 1-2x is more suitable for most people. The essence of high leverage is to compress your survival time, and in the cryptocurrency world, living longer is much more important than making money quickly.
Second, the money for increasing positions must come from floating profits; the principal is the final trump card. It’s like a fisherman fishing, who can only use the fish caught as bait and must never stake the fishing boat. Specifically, I am used to taking 30% of the floating profit to increase positions every time I profit by 15%.
Third, stop losses must be as decisive as a reflex. A single loss must be controlled within 2% of the total capital, and when it’s time, cut it off without any room for negotiation. Remember, stop loss is not failure, but a qualification to continue playing.
04 When should I roll, and when should I lie down?
Rolling is not something that needs to be done every day; 90% of the time in the cryptocurrency world is in a fluctuating market, and the real big trends suitable for rolling only account for 10%.
I generally only consider rolling in three situations:
First, it's a breakthrough after a long period of consolidation. For example, BTC fluctuated within a range for a month, volatility dropped to a minimum, and suddenly chose a direction.
Second, buying the dip during a bull market. Note that the premise is a bull market; a big drop in a bear market is more like a trap.
Third, it’s a breakthrough at the weekly level. Such signals are rare, but once they appear, the market often has a large space.
At other times, I choose to stay in cash and wait. The most valuable thing in the cryptocurrency world is not the frequency of operations, but the ability to patiently wait for certain opportunities.
05 The data line beside the monitor
Now, that broken data line is stuck on the edge of the monitor. Every time before I prepare to place an order, I touch those exposed copper wires.
It reminds me: the ultimate secret of rolling is not how complicated the technology is, but whether one can adhere to those few simple rules. The journey from 5000 yuan to 1 million is not completed by a single windfall, but rather through countless small profits accumulated.
Just like rolling a snowball, the important thing is to find a long enough slope and sufficiently wet snow, then give it a push, letting inertia work by itself. When encountering stones, go around; if the snow is thin, slow down—slow is often the fastest path.
When the snowball rolls to a sufficient size, don't forget to regularly take a handful of snow and put it in your pocket. I am used to withdrawing 20% of the profit into stablecoins every time I earn 50%. These profits that are cashed in are the parts that truly change lives.
Once again, watching the market late at night, ETH was fluctuating at a key position. As my finger instinctively reached for the increase position button, I noticed the reflection of that broken data line beside the monitor. I withdrew my hand, adjusted the leverage from 3x to 2x, and changed the amount for increasing my position from 20% of the principal to 30% of the floating profit.
The K-line on the screen is still fluctuating, but this time, my heartbeat did not speed up. A true master of rolling does not conquer the market but tames their own inner demons. Follow Xiang Ge to learn more about first-hand information and accurate points in the cryptocurrency world, becoming your guide in the crypto space; learning is your greatest wealth!#加密市场反弹 #美联储降息 $ETH
