The Three Major Pitfalls of Contracts for Beginners: Understanding the Rules is More Important than Knowing the Direction!
How many beginners correctly predict the market but lose money on funding fees?
You think a 10x leverage means you'll be liquidated after a 10% drop, but in fact, it can happen after just a 5% drop.
High leverage is like a butcher's knife – even if you are heading in the right direction, you may still lose money because the fees and funding costs are quietly draining your capital.
Exchanges never worry about your ability to read candlestick charts; they fear that you understand these hidden rules.
Beginners should remember to use 3-5x leverage, avoid high-fee periods, and never go all-in; this is the ultimate secret for beginners to survive in contracts!
If you feel a bit confused or need more guidance, feel free to reach out to me anytime, and I will provide you with a detailed analysis!
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