$XRP 
In the contract market, liquidation is never accidental; it is a certainty resulting from a lack of risk control. To survive long-term in volatility, remember the following core rules and replace luck with discipline:
One, leverage and position: put shackles on risk
Core logic: surviving is more important than making quick profits
Leverage control: beginners start with 3-5x, experienced traders should be cautious with leverage above 10x. Each 1x of leverage is an amplifier of emotions.
Position management: do not exceed 20% of total funds for a single position, keeping 80% as ammunition to respond to black swan events. Refuse the gambler's mentality of going all-in.
Two, the iron rule of stop-loss: recognizing mistakes and exiting is an essential skill
Survival bottom line: stop-loss is insurance for your account
Set a stop-loss as soon as you open a position, controlling the range at 3-5%, exchanging small losses for the possibility of a big trend.
If the stop-loss line is breached, exit decisively. Holding against a trend will only turn a 'minor injury' into 'liquidation and amputation'; the market always offers opportunities to re-enter.
Three, liquidation red line: beware of the system's scythe
Key observation: liquidation price is the last line of defense
Continuously monitor the liquidation price of positions; when approaching 5%-10%, consider averaging down or reducing positions.
Refuse to add positions mindlessly; counter-trend averaging down is like handing a match to a powder keg. Prioritize reducing positions to lower risk.
Four, emotional management: refuse to be a slave to dopamine
Psychological tactics: profit is a rational byproduct
Pause operations after a loss to avoid the 'recouping mindset' leading to a chain of liquidations.
Go with the trend; do not chase highs or lows in a volatile market. Do not stubbornly hold against a one-sided trend; the market will not change direction just because you refuse to back down.
Five, hedging strategy: use spot to hedge contract risks
Advanced technique: balance long and short positions to reduce volatility impact
When holding spot for the long term, consider opening a small amount of inverse contracts to hedge short-term risks (e.g., while holding BTC, open a short with 10% of the position to counter a pullback).
Hedging is not speculation; leverage should be controlled within 5x to avoid turning hedging into gambling.
Six, coin selection: stay away from the dance on the knife's edge
Safety principle: mainstream coins are a risk buffer
Focus on leading coins like BTC and ETH; small coins often fluctuate over 50%, and liquidation can happen in just a few minutes.
In extreme market conditions (such as spikes or waterfalls), actively reduce leverage to below 3x to avoid a liquidity crisis triggering a chain reaction of liquidations.
Seven, batch building positions: the wisdom of exchanging time for space
Operational philosophy: diversify entry to smooth out the cost curve
Refuse to go all-in at once; build positions in 3-5 batches, with clear trend verification conditions set for each batch.
In a downtrend, batch building requires strict bottom position settings to avoid falling into the trap of 'buying more as it falls'.
Ultimate warning:
The eternal enemies of contract trading are 'heavy positions, anti-trend, and emotionality.' Remember: the market lacks stars but not longevity. Replace impulse with discipline and combat chance with probability to navigate the waves of cryptocurrency.
