From the sharing of the "Seven Years and Eight Bulls Live Trading" pro, the excerpt is taken to avoid losing it next time. The original text is as follows↓:

crypto world, you need to find a way to earn 1 million initial capital first, and the only way to earn 1 million from tens of thousands is to...
That's rolling.
When you have 1 million RMB in capital, you will find that your whole life seems to be different, even if you don't use leverage, just hold a spot and watch it rise.
20%, there will be 200,000, and 200,000 is already the income ceiling for most people in a year.
And when you can go from a few thousand to , you can also grasp some ideas and logic of making big money. At this time, your mentality has also calmed down a lot, and it's just copy and paste from now on.
Don't always talk about hundreds of millions and billions. You should start from your own actual situation. It's comfortable to boast only when you are amazing. You need to have the ability to identify the size of opportunities in trading. You can't always have a light position or a heavy position. Usually, just play with a small position. When a great opportunity comes, then bring out the big guns.
For example, rolling positions. This is an opportunity that can only be operated when it comes. You can't keep rolling all the time. It's okay to miss it, because you only need to succeed three or four times in your life to go from zero to tens of millions, which is enough for an ordinary person to advance.
Money people are on the move.
Points to note about rolling warehouse:

1. Enough patience, the profit of rolling is huge, as long as you can roll successfully a few times, you can make at least k billions, so
You cannot easily roll, you need to find opportunities with high certainty;
2. The high probability of certainty refers to the sideways oscillation after a big dump, and then breaking upwards. At this point, the probability of trending is very high.
Find the point of trend reversal and get on board at the beginning.
3. Only roll long;
▼Liquidation Risk
Let me explain the rolling warehouse strategy. Many people think it is risky. I can tell you that the risk is very low, much lower than the logic of playing futures.
If you only have 50,000, how to start a business with 50,000, first of all, this 50,000 should be your profit. If you are still at a loss, don't bother.
If you open a $bitcoin$10,000 position with 10x leverage in isolated margin mode, using only 10% of the position, you are actually using 1x leverage, with a 2% stop loss. Even if you get liquidated, you would only lose $200, just 2%? It's only $200. How did those who got liquidated end up in that situation? Even if you get liquidated, you'd only lose $5,000, right? How could you lose everything?
If you are right, Bitcoin rises to 1.1W, you continue to use 10% of the total capital, and set a stop loss of 2%. If the stop loss occurs, you still make 8%. What about the risk? Isn't the risk very high? And so on...
If Bitcoin rises to 1.5W, you can increase the position smoothly. With this 50% market trend, you should be able to earn around 20W. Seizing two such trends would yield around 100W.
There is no compound interest at all. A hundredfold comes from earning 10 times twice, 5 times three times, and 3 times four times, not from compounding at 10% or 20% every day or every month. That's nonsense.
This content not only contains operational logic, but also embodies the core internal skills of trading, position management. As long as you understand position management, you will never lose all your money.
This is just an example, the general idea is like this, and the specific details need to be pondered more on your own.
The concept of rolling positions itself is not risky, not only is it not risky, but it is also one of the correct ideas for trading futures. The risk lies in leverage. You can roll with 10x leverage, 1x leverage is also possible, and I usually use 2-3x. By seizing two opportunities, isn't the return several tens of times? At worst, you can use less than 1x leverage. What does this have to do with rolling positions? This is clearly a matter of your own choice of leverage. I have never said to operate with high leverage.
And I have always emphasized that in the crypto world, only invest one-fifth of your own money, and only one-tenth of the spot money to play futures. At this time, the funds of futures only account for 2% of your total funds, and futures only use two to three times leverage, and only play Bitcoin, which can be said to reduce the risk to the lowest level.
100W没了2W你会心疼吗？ -> If you lost 100W, would you feel heartbroken over 2W?
Always arguing is not fun. Some people have been saying that the risk of liquidation is high, and that making money is just a matter of good luck. I'm not trying to persuade you or anyone else, I just hope to have people with the same trading philosophy to play together.
There is currently no filtering mechanism, and there are always discordant voices that interfere with the identification of those who want to see.
▼Fund Management
Trading is not full of risks. Risks can be managed with capital management. For example, my futures account is 200,000 dollars, and my spot account ranges from 300,000 dollars to over 1,000,000 dollars. If there are many opportunities, I will deposit more; if there are fewer opportunities, I will deposit less.
Good luck can make over 10 million RMB a year, which is completely sufficient. In case of bad luck, the worst situation is getting liquidated in the futures account, which doesn't matter. Spot profits can make up for the losses from futures liquidation. After making up for it, can't you make a single penny in spot for a year? I'm not that incompetent.
I've been liquidated for a long time because it's okay not to make money but not to lose money. And in futures trading, I often set aside a quarter to a fifth of my profits separately, so even if I get liquidated, part of the profits will be retained.
As an ordinary person, my personal advice to you is to use 10% of the spot position to trade futures. For example, if you have 300,000, use 30,000 to trade. If you are exposed, use the profits from the spot to cover it. After being liquidated several times, you will eventually figure out some insights. If you haven't figured it out, then it's not suitable for this line of work.
▼How to Make Big with Small Capital
Many people have many misunderstandings about trading, such as thinking that small capital should be used for short-term trading in order to grow the capital. This is a complete misunderstanding. This kind of thinking is completely trying to exchange time for space, attempting to get rich overnight. Small capital should be used for medium to long term trading in order to grow.
Is one sheet of paper thin enough? If a sheet of paper is folded 27 times, it will be 13 kilometers thick. If it is folded 10 more times to 37 times, it will be thicker than the Earth. If it is folded 105 times, the entire universe will not be able to contain it.
If you have 30,000 yuan, you should think about how to triple it in one wave, and then triple it in the next wave... Then you will have four or five hundred thousand. Instead of thinking about making 10% today and 20% tomorrow, which will eventually ruin yourself.
Always remember, the smaller the capital, the more you should focus on the long term, relying on compound interest to grow, and not chasing short-term small gains.