Playing contracts is like playing with fire.
Liquidations are the norm; less than 20% can actually make money.
Look at those influencers showing their profits (like Bit King, Liang Xi), in the end, they either go to zero or end up in debt.
In January, 0% return could surpass 88% of people, in November 0% could surpass 92% of people—this is not a joke, it's reality.
Why is it so difficult?
The crypto space is purely a capital game, unlike the stock market that has company value to support it.
If some people are making money, there must be others losing, and most of the losses are from retail investors.
Who is your opponent?
Project party & Market makers (basically in cahoots)
They control the market, pump and then sell.
For example, 200,000 can drive XCH up 20% against the trend, attracting retail investors to take over.
They don't just play spot markets; contracts are also their battlefield, and crashes often come from contract dumping.
Exchanges (the most profitable market makers)
Transaction fees are just pocket change; liquidations are their main profit source.
How to make you liquidate?
Spike: Prices suddenly shoot up/down, triggering your stop loss and then immediately retracting.
Long and short kill: Whether you go long or short, you can still be harvested.
Exchanges can print unlimited 'money' (as long as you don't withdraw), how can you compete?
Tier 1 institutions & Big players
They acquire chips at low prices and sell them to retail investors at high prices.
They have better information than retail investors; by the time you enter the market, they might have already exited.
Other retail investors
Most are just fodder, but a few experts can make money (like cases of turning tens of thousands into millions).
The question is—why you?
How can you avoid losing?
Follow the trend (if the trend is wrong, no matter how good your skills are, it's useless)
Practice your mindset (be able to withstand volatility, don’t panic and sell on a dip)
Small funds for trial and error (use a demo account or practice with very small positions on hundreds of trades)
Don't blindly trust indicators (market makers can manipulate candlestick charts, they can see your stop loss)
Finally, ask yourself:
Your opponents are market makers, exchanges, institutions; what makes you think you can win?
Are you the chosen one, or just another name on the next liquidation list?
People are more important than anything! If you are still wandering in confusion, you might as well check @cryptoGuangGe to help you seize every wave of the bull market.
