Why do seasoned traders always say "Don't play contracts"?

Because this thing can make you rich, but it can also leave you with nothing!

Real case:

Old Wang lost from 10,000 to 6,000 trading spot,

Xiao Li turned 10,000 into 80,000 by rolling contracts (but out of 100 Xiao Lis, 99 might have been liquidated).

Three deadly sins:

1. Treating it like a casino, trading 20 times a day (the fees alone could buy a year's worth of instant noodles)

2. Wanting a villa when making profits, wanting to break even when losing (resulting in sleeping under a bridge)

3. Using 100x leverage at every opportunity (liquidation happens faster than scrolling through short videos)

Three life-saving rules (learned after being liquidated three times):

✅ Only bet on three types of situations: sharp drop and rebound / sideways breakout / widespread panic

✅ Bet a maximum of 30% of your capital each time (leave a way out to survive longer)

✅ Watch the market for ≤3 hours a day (staring too long will lead to impulsive trades)

Practical example:

When Bitcoin drops to 50,000,

use 10,000 to open a 3x leverage position, sell half the capital when it rises to 53,000,

set a stop-loss for the remaining amount, and run as soon as it hits the 60,000 resistance.

Two red lines:

➤ Loss exceeding 30% of capital — immediately cease trading for half a month

➤ Profit halved — withdraw funds immediately for safety

The truth:

Those "big shots" posting about making millions every day may disappear tomorrow.

True masters are like ninjas: they only make a move three times a month and vanish after making a profit.

Now choose:

Be the repeatedly harvested novice trader, or learn from institutions to quietly make money?

Remember: opportunities in the crypto world are abundant every day, but if you lose your capital, it's truly gone!