🌟I rolled to seven figures during liquidation crying! What’s the difference between newcomers and veterans? 🔥
（Includes 3 life-saving strategies, read this to reduce losses by 100,000+⚠️）
💥Survival status of contracts for newcomers vs veterans
■ Newcomer Daily:
🔹 Entering the market with 100x leverage, fantasizing about turning 10,000 into 1,000,000 (result: liquidation after 5 minutes of opening)
🔹 Holding on during a one-sided drop, shouting "the market maker is dumping," but the account only has 0.1U left
🔹 Refusing to exit after making 20%, panicking and cutting losses after losing 50%, emotions rollercoasting with the K-line
■ Veteran Operations:
✅ Only using 5-10x leverage, trading in a "the market is sending money" manner (the higher the leverage, the faster the death!)
✅ Writing take profit and stop loss on paper and executing at the set time (have seen too many cases of holding on until owing money 😨)
✅ If the market isn’t understandable, drink tea and watch the show, better to miss out than to pay transaction fees
📌3 rules that turned me from a noob to a pro
1️⃣ Leverage is not a gambling tool!
▫️ 100x leverage = liquidation at 1% fluctuation, 5x leverage can withstand a 20% pullback
▫️ My mindset: before opening a position, first calculate "how much can I lose," then set the leverage
2️⃣ Stop loss is a lifeline!
▫️ Setting a stop loss isn’t cowardice, it’s buying insurance for the account (I once avoided 90% crash with a 3% stop loss)
▫️ Formula: forced liquidation price = opening price × (1 - margin/leverage), if you can’t calculate clearly, don’t open a position!
3️⃣ Emotional management > technical analysis!
▫️ Don’t rush to add positions after making money, don’t immediately average down after losing (I have exploded 3 times because of being overly confident)
❓Why do you always get liquidated?
It’s not that the market is too harsh, it’s that you are playing contracts with a "gambling mindset":
▶ Opening positions based on feeling, never looking at key levels (holding even when support breaks)
▶ Frequent trading to rack up transaction fees, thinking "the more I trade, the more I earn" (in reality, 70% of trades are ineffective)
▶ Only looking at others flaunting profits, not checking their liquidation records (survivorship bias is deadly!)
🌟Reminder before the next bull market:
Contracts are not a monster, but playing blindly is just giving away money! Practice on a demo account for 1 month (Binance has free ones), understand stop loss and leverage before trading live. Remember: surviving in the crypto world is the key to waiting for the day your assets snowball💪
