$BTC In the cryptocurrency world, seasoned veterans know that trading contracts is all about the thrill! Look at this BTC perpetual contract, entering the market at a price of 105856.7, and any slight fluctuation can make your palms sweat.

You might ask, what’s so exciting about contracts? They allow small investments to leverage large profits; for example, with a capital of 100U and 100x leverage, you can control BTC valued at 10000U. But the risks are magnified as well; if you misjudge the direction, liquidation can happen in an instant.

I remember when I first entered the industry, a friend was obsessed with high-leverage contracts. Initially, he made some small profits, which inflated his ego. But then, after one misjudgment, he was liquidated, and not only did he lose his composure, but he also ended up in debt. So, contracts are like a double-edged sword; used wisely, they can quickly accumulate wealth, but used poorly, they can lead to total ruin.

Therefore, before trading contracts, you must do your homework and understand the basics like candlestick charts and technical indicators. More importantly, manage your positions well and set stop-loss points; never let greed ruin your investment journey. Remember, the first rule of survival in the cryptocurrency world: protect your principal!