Contracts are truly a double-edged sword. If you mess around, you can be liquidated in minutes; but if you play it right, turning a few thousand U into hundreds of thousands, or even millions, is not a dream.
I have experienced it myself, losing 500,000 in three months. During that time, I really wanted to jump off a building, staring at the screen every day with bloodshot eyes. The worst part was feeling like I was on the verge of a complete breakdown every time I was liquidated. In the end, I was left with only 5,000 U, and I thought to myself: either I take a gamble or I remain at the bottom forever.
So, I started to truly focus on three things: choosing coins, opening positions, and setting stop-loss and take-profit levels. The simplest and most important thing was not technical analysis, but rather “rhythm + control.” I wanted to make a profit once, and then steadily make a second profit. It’s not about gambling my life, but about betting on “stability.”
First, choosing coins is really more important than you think.
Remember, the market only has two directions: up or down. If it’s going up, look for leading coins to go long; if it’s going down, focus on the weakest coins to short. Absolutely avoid those new coins; 99% of the time, they are just scams to cut you off.
Next is opening positions; don’t gamble recklessly.
The “pyramid adding method” is my lifesaver. Only open a 5% position, and when the unrealized profit reaches 50%, then add to the position, proceeding steadily. Want to be liquidated? Impossible! I never treat my principal as a stake.
Finally, the art of setting stop-loss and take-profit levels is extremely important.
Stop-loss? Just 2% below the cost price. Take-profit? Three times the stop-loss. Many people are indecisive about taking profits and desperately average down when they’re losing, resulting in “heavy positions” that ultimately lead to liquidation.
This method brought me my first bucket of gold and allowed my account to grow from 5,000 U to 1 million.
Having said all this, many people don’t believe it, thinking “I can do it too,” but can you really withstand the despair of going from 500,000 to 5,000 U? Many people fall victim to this mindset. Contracts are not gambling; they are a precise mathematical game. As long as you master the direction, position size, and execution, the opportunities to make money are everywhere.
Still, as the saying goes, a single tree cannot make a forest, and a lonely sail cannot sail far! Having a good team to guide you is always much stronger than going solo. I have always been here!!!
On the road of crypto, many souls have perished; A-Zhen only guides those with fate.