Can contracts really not be played? Only those who have been liquidated often say such things. $BTC
When I used to be in the crypto space, the most common saying was: "Contracts should not be touched, contracts harm people deeply, hold spot, and hold on tight."
I used to believe this until last year's to this year's market taught all spot traders, including myself, a harsh lesson.
On December 10th last year, I cleared most of my spot positions; this wave of market made me see clearly that the so-called "hold and win" does not apply to all markets, and it is certainly not a one-size-fits-all solution.
In fact, the crux of the issue does not lie in whether you are trading spot or contracts, but whether you have strict trading rules and risk control. Contracts are indeed high-risk, but they have an unparalleled advantage over spot—two-way trading. When the market is sluggish, the opportunities for shorting are far more than for longing; spot can only wait for a rise, while contracts can go with the flow, increasing trading flexibility.
Of course, there are many pitfalls with contracts; many people love to use high leverage right away, betting too heavily, and as a result, they face liquidation in one wave of the market. So no matter what you do, always set strict stop losses, and it’s best not to use high leverage. The market will always be there; surviving is the key.
There are no eternal profit gods like Dan Dan in this world, only strategies that make small gains. When you think deeply and have guidance from experts, you will improve quickly; as long as you practice more, you can achieve your goals and realize your dreams of freedom! $ETH