The crypto world is never short of myths and ghost stories. Some people turned $1000 into a house, while others lost a decade’s savings in one night. Contract trading is the most exciting play in this game—it’s like a wild horse; if you ride well, you can travel a thousand miles a day, but if you fall, you either die or get hurt.
Today, no nonsense; I’ll teach you three life-saving and money-making strategies. Remember, in the crypto world, living long is more important than making money quickly.
First tip: Bet like an old gambler.
What beginners love to do is 'all in', and the result is often tragic. True experts understand that:
Don’t use leverage over 50 times; more than 50 times is asking for trouble.
Only use 10-20% of your capital each time, leave enough bullets to add to your position.
Build your position in three phases; if it drops, you can add; if it rises, you can lock in profits.
(For example: Old Wang plays ETH contracts, using 10x leverage and buys in three phases. With a 20% price fluctuation, he can still count his money with a smile, while Xiao Zhang next door, fully leveraged at 100x, is already on the rooftop.)
Second tip: Set stop-losses like wearing protection.
In the crypto world, those who can’t set stop-losses die the fastest.
Take profits after a 50% gain; greedy people always end up losing it all.
Cut losses at 10% immediately; don’t wait until you’re liquidated to regret it.
Learn to read candlesticks; if the support level breaks, run quickly.
(True story: Xiao Li set a profit-taking point and ran off with the gains. Old Liu, who didn’t set a stop-loss, is still waiting to break even...)
Third tip: Follow the trend, don’t fight it.
There’s a saying in the crypto world: 'Those who go with the flow prosper, those who go against it perish.'
In a bull market, go long; in a bear market, go short; don’t go against the trend.
Reduce your positions before major news, and act after the news settles.
Learn to read Bollinger Bands and MACD; it's a hundred times better than guessing.
(Last week BTC broke a key level; smart people got on board early, only the stubborn ones are still shorting against the trend.)
Three pitfalls beginners must avoid:
See a surge and chase it? Get ready to be cut.
Trading dozens of times a day? The fees will eat you alive.
Lost money and want to recover? That’s a fast track to bankruptcy.
Remember, in contract trading, it’s not about who makes money fast, but who survives longer. Play with spare cash, set a stop-loss, and control your hands. There are always opportunities in the crypto world, but if your principal is gone, it’s really Game Over.
Now, do you want to be the hero of the story, or the cautionary tale?
Follow the Yuanbao.@分析师元寶 Learn more.
#加密市场回调 #币安Alpha上新 #BTC #ETH
