新人合约

Beginners playing contracts, a must-see for novices

Recently, many fans mentioned that they are just starting and don’t know how to operate. The initial capital is within 1000u, and they ask me for good strategies. Today, I will share my advice. For example, if you have 1000U, divide it into 10 parts, investing 100U each time, with a recommended leverage of 20X. Newcomers have difficulty controlling their mindset with too high leverage. The remaining 900u should be placed in a wealth management account. If you lose 100U, do not think about making up for it by adding more positions. If you lose everything, first, reflect and summarize, then take a break for 1-2 days. Do not fear missing opportunities; Bitcoin’s volatility is always present. There are significant fluctuations every month, and many opportunities depend on your ability to play. Once adjusted, divide the remaining 900U by 10 to make each part 90U, and reinvest. Be cautious this time and aim to recover the money; if you make 300U this time, leave 100U and transfer the remaining 200U out. This will give you peace of mind and improve your mindset significantly. Never invest everything; if a black swan event occurs, you will lose everything at once and have to start over. Objectively speaking, for contract trading, always open at 10X. If your direction is wrong and it drops by 10%, you will be liquidated. Even for BTC, a 20% fluctuation in a year is very normal; if you are fully invested each time, it renders all previous gains meaningless, ultimately leading to zero. Those who walk along the river regularly know that no one guarantees being right every time. A great trader with a 60% success rate is already impressive. Therefore, position management is crucial. Even with a 90% win rate, one wrong trade can lead to catastrophic losses.

Sometimes, entering the crypto world feels like a game: 'Getting started is like a beginner's village, you can casually look at guides to get through, but to level up and defeat the boss, you need a strategy.'
Therefore, I specifically organized a set of advanced guides to help those who have a bit of understanding of basic crypto knowledge but don't know how to continue avoid detours.
(❗️Friendly reminder❗️ If you are starting from scratch, first look for introductory blockchain courses from MIT or Tsinghua on Coursera or Bilibili to build a foundation. This guide is prepared for newcomers with some background!)
1. Read news daily to understand market trends.
The first step in advancing is to make reading community news a daily habit. He recommended several news platforms worth following:

The heart of man is never satisfied; like a snake swallowing its prey. I fell into a pit after watching a video of Trump on Douyin. I lost over 10,000 U in February on OKEx, and then in March, I lost over 10,000 again before switching to Bitget. By the time I switched platforms, I had already taken out loans online. I lost money trading by myself, and I also lost money copying others. Copying others directly wiped me out. On this new platform, copying others also made me lose a lot. Now I have accumulated over 80,000 in loans across several platforms. What should I do, brothers? My principal is now less than 2,000 U. How can I recover my losses? Boohoo