In the world of cryptocurrency contracts, 99.9% of players ultimately cannot escape the fate of liquidation. Want to know the reason? They all made three fatal mistakes.
I once saw an incredibly reckless gambler who went all in with 125x leverage, making an astonishing eight-digit profit in just seven days. However, on the morning of the eighth day, a single spike wiped him out completely.
Now, I am going to reveal a secret even more exciting than 'young models in clubs', teaching you how to use mathematical formulas to overcome the merciless harvesting machine that is the exchange.
Everyone always thinks that the higher the leverage, the better, but that's a huge mistake! While everyone brags about 100x leverage, true professional players silently apply the 'Death Ladder Principle': with a principal of under $10,000, 5x leverage is the limit; for under $50,000, 4x leverage is the best choice; and if the principal reaches over $100,000, 1x leverage privilege is beckoning you.
And that expert who rolled $1,000 into $500,000 but ended up crying and closing his account, do you know why? Because he ignored the 'Withdrawal Iron Rule': once profits exceed 200% of the principal, you must immediately withdraw your principal; this is not just ordinary advice, but the key to survival! After that, use the remaining profit to trade, and you will have a sense of control over the situation, a 'God's perspective', after all, that is money earned from the exchange!
Remember, candlestick charts may deceive you, but mathematics will not. My survival in the cryptocurrency world comes from the '2.5x Stop-Loss Rule': the amount for each stop-loss must never exceed 2% of the principal, and profits should cover 2.5 times the stop-loss, with no more than 15 trades per month.
If you want to steadily grow your $1,000 principal to $10,000, remember: when seemingly beautiful wealth fantasies can turn into nightmares, the truly skilled players are already using the money earned from the exchange to buy villas.