🔥 Why does trading contracts in the crypto world always result in losses? Understand the pitfall guide in 3 minutes!
Don't use excessive leverage: 10x leverage means a 10% drop will lead to liquidation. Newbies are advised to use ≤5x leverage and not to follow others' all-in strategies.
Always set stop-loss: Cut losses at 5%, don't fantasize about holding on to recover losses (many have perished on this principle).
Avoid altcoins: BTC/ETH have high liquidity, while small-cap coins can be easily controlled by manipulators who take advantage of retail investors.
Steer clear of the early morning hours: From 3-5 AM, liquidity is low, and manipulators specifically target this period for liquidations.
Control your emotions: Don't get carried away with profits, and don't gamble on losses. Trading according to a plan is ten times better than random actions.
Remember: Trading contracts is like licking a blade; use spare money, cash out your profits, and delete the app if you incur losses! 💡 #币圈生存法则
