【Listening to advice is the first step to surviving in the cryptocurrency world】

For many, the first lesson when entering the market isn't how to make money, but how to avoid getting wiped out by contracts.

Those veteran traders who used to say "don't touch contracts" weren't just advising you to be passive; they truly have experienced too many losses.

Take a look at Old Wang next door; he invested 10,000 last year and now only has 6,000 left.

Downstairs, Little Li also invested 10,000 in contracts, capitalizing on three waves of Bitcoin's 20% fluctuations, and his account skyrocketed to 80,000—his secret? Just two words: restraint.

Making money with contracts is fast, but losing money is even faster.

Why do most people fail halfway?

1️⃣ Executing dozens of trades a day, unable to even cover the transaction fees.

2️⃣ Not running away when in profit, but stubbornly holding on when in loss.

3️⃣ Fully leveraging their position, and getting wiped out immediately with a wrong direction.

Those who truly survive have already established discipline:

Only invest 30% of your capital at a time.

Limit chart watching to a maximum of 3 hours a day.

Only trade in three types of market conditions: sharp declines with rebounds, breakouts from ranges, and extreme emotions.

Are you here to gamble your life away, or here to make money?

Today's Bitcoin fluctuations increasingly resemble institutional operations, where the game is not about passion but about control.

As long as you keep your principal intact, opportunities come every day.

Next time you face temptation, remember this: liquidation doesn't discriminate between new and old traders; it only matters if you have a bottom line.

How many times have you been liquidated? Share your experiences in the comments.