How to trade contracts without losing?
Many people trade contracts to the point of questioning their life
There are 5 points to pay attention to in contract trading:
1. The cryptocurrency market itself is highly volatile, and contract trading multiplies the risks; once involved, the risk approaches 100%.
2. Many people mistakenly believe that contract trading is fair, but exchanges may actually manipulate the market using large amounts of capital, leading to investor liquidations.
3. Contract trading amplifies the temptation of profits, easily triggering greed within human nature, causing investors to become addicted, and ultimately may lead to tragedy.
4. A lot of specialized knowledge and professional data are required for contracts, and many quantitative institutions in the cryptocurrency market are engaged in contract trading.
5. If you don't have time to monitor the market, your profits can turn into losses in just ten to twenty minutes.
If you want to do well in contract trading but lack professional skills, it's best not to touch it, or to follow others' trades; if you try to do it blindly, the result will only be one—liquidation, and more liquidation!
