The true goal in the crypto world is not to reach a hundred million overnight, but to first steadily accumulate your first 1 million—by then, even if you just hold spot positions and earn 20% returns, the annual profit will outshine ordinary salaried workers by several streets.

After so many years in this circle, I’ve found that those who make money never rely on daily small trades, but instead split compound interest into several big hits, using a rolling position method to build up step by step. Usually, small positions are used to test the waters and find a feel; only when a real opportunity appears do they deploy heavy weapons. And they only go long, never short.

So, what does a good opportunity look like? The three most common types:

1. Long-term consolidation after a sharp decline, followed by a sudden volume breakout upward, with a true trend reversal before safely entering.

2. The daily chart stabilizes at a key moving average, with volume and price moving in sync, indicating a clear market warming.

3. When there’s little buzz online and retail investors are still complaining about various issues, the main force has already quietly built their positions.

Take myself as an example, using 50,000 yuan of capital to demonstrate specific strategies. First, this 50,000 must be profits accumulated from previous gains, not living expenses. The principal must be stabilized with stop-losses to recover losses before talking about rolling positions for growth.

Operate in a isolated margin mode, keeping total position within 10%, leverage no more than 10x, which actually results in about 1x leverage. The stop-loss line is firmly set at 2%, which is the safety line.

Once the breakout is confirmed, the first wave of adding positions waits until the price rises 10%. The profits from the increase are used to open new positions with 10%, maintaining a 2% stop-loss at all times. The entire process boils down to four words—never go all-in. No all-in, no adding to positions, no fighting against the stop-loss. When it’s time to close, do so decisively, saving bullets for the next opportunity.

A 50% main upward wave, through compound rolling positions, can grow to 200,000. Two such rounds are enough to reach 1 million. In fact, just successfully rolling positions 3 or 4 times in a lifetime, turning 50,000 into 1 million and then into 10 million, is enough to call it quits.

The key principles of risk control must be remembered:

① Don’t roll during volatile sideways markets, slow declines, or coins driven mainly by news.

② Even if the principal in the isolated margin account is wiped out, other funds are automatically locked; liquidation won’t take money from the main account.

③ After earning profits from rolling positions, regularly withdraw 30% to improve your life—buy a house, a car, secure your gains—don’t let greed turn around and bite you.

In short, the essence of rolling positions is not gambling your life, but waiting for the right opportunity. When it comes, roll; if not, just stay put. Better to miss an operation than to act recklessly.

When you finally roll into your first 1 million, you’ll naturally understand what position management, emotional control, and cycle awareness mean. The rest is just copying and pasting this set of skills. This market is never short of opportunities; they always favor those who are prepared.