125 times all-in? Wake up! Contracts are not a casino; they are a battleground for risk control.
Last night, another warrior's story circulated in the circle: 125 times leverage, all-in, instantly went to zero.
To be honest, there was a moment when I felt a twinge of admiration for such courageous gambles; after all, the champagne in that legendary club is indeed tempting.
But don’t be fooled by survivor bias! The soaring numbers in your account, as long as they are not truly withdrawn, are just numbers in a game borrowed for your momentary enjoyment by the exchange. The harsh reality is that over 99% of the fervent pursuers will ultimately become fuel, returning profits (and even principal) back to the market with interest.
I know I am not the chosen one; I don’t have the guts to bet my fate entirely on a single heartbeat.
If you, like me, are a sober ordinary person who wants to survive in this cruel game and even achieve some gains, then controlling leverage is the first lesson you must engrave in your bones!
Don’t let greed press the opening key for you.
There is no luck here, only probability and risk control:
Leverage ≠ Courage medal: It’s not the bigger, the better; rather, it’s the reciprocal of your risk tolerance! Beginners are advised to start with very low leverage (like 5-10 times), or even play on a simulated market first.
Remember, leverage amplifies not only the gains but also the power that can destroy you in an instant.
Stop-loss: Your lifeline: Always set a stop-loss when opening a position! This is the ironclad rule to use controllable small losses to avoid unbearable catastrophic losses. Don’t fantasize that waiting a little longer will bring it back; the market specializes in treating all kinds of disobedience.
Profit? Withdraw a portion first! When unrealized profits reach a certain proportion (like 50% of the principal), it is strongly recommended to withdraw some profits first to lock in gains. Let the remaining profits run; you are already in a winning position.
The essence of contracts is not a gamble with luck, but a game against one’s own greed and fear; it is a probability game under precise risk control.
Successful traders rely not on luck for overnight wealth, but on strict discipline, a calm mind, and a set of risk control systems to protect themselves from being swallowed by the market.
Making money in the cryptocurrency world is this simple and brutal! Spot the opportunity, act decisively, and profits will naturally follow. When the next market starts, don’t hesitate; just do it! If you also want that, then tighten your steps with ease!