$BTC $ETH Family, in contract trading, it cannot be repeated enough—never hold onto losing positions! This is not an exaggeration; the pitfalls of holding onto positions can leave you with nothing in an instant, let's talk about it one by one!
First, let's talk about the most direct issue: holding onto positions is like crazily 'renewing' your losses! Contracts come with leverage like a magnifying glass; if the market slightly reverses, your losses can double instantly. You think, 'I'll wait a bit longer, the market will come back,' but the price keeps drifting further away, and your losses exceed your initial investment, leaving you with nowhere to cry at the end!
The most dangerous thing is the risk of liquidation. Once your losses are about to wipe out your margin, the system will forcibly close your position. It's not just losing your principal; with leverage, you might even end up owing money to the platform. Returning to square one overnight would be considered fortunate, as you could end up in debt!
Let's also discuss the mindset; holding onto positions is truly agonizing! Watching your account balance plummet makes anxiety, fear, and anger swell up all at once. In this moment of heat, you might recklessly trade to recover your losses, becoming increasingly aggressive and losing even more, dragging yourself into a vicious cycle.
Lastly, there's an often-overlooked big pitfall—missing out on profitable opportunities! Your money is all tied up in losing positions, and by the time other profitable trends appear in the market, you can't seize them. When you finally climb out of the pit, others have already made their profits and left—how frustrating that is!
Therefore, when trading contracts, it's essential to set your stop-loss properly; don't stubbornly hold on! Preserving your principal is the only way to have a chance to turn things around; this principle really needs to be ingrained in your DNA. #Metaplanet拟筹资增持比特币 #加密市场回调