Family, we must talk about the cryptocurrency contracts today! This thing is incredibly thrilling; if played well, your account balance can increase by several zeros in an instant; if played poorly, it can go to zero at the opening, and your heart rate skyrockets every minute. I once turned 1000 yuan for meals into 100,000 in just three months by rolling contracts. Isn’t that amazing? But today we won't discuss the 'myth of getting rich quickly', just share how to dance on the edge of a knife and still take home profits.

## 100 times in three months, why?
At first, I put in 300 dollars (about 2000 yuan) to test the waters, opening 10-dollar contracts at 100 times leverage each time. Don't think that 100 times leverage means 'gambling'; there's a lot of knowledge here: if the direction is right, a 1% profit can double your capital. I set a strict rule for myself: every time I make a profit, I take half of it out and roll the other half back in. Theoretically, as long as I predict correctly 11 times in a row, 10 dollars can become 10,000 dollars! But reality is cruel, 90% of people fall at these hurdles: wanting to earn more after making a profit, greedy; unwilling to accept losses, increasing their positions to recover; frequently switching between long and short, getting slapped in the face by the market repeatedly. What helped me stand out was not my precise market predictions, but ingraining 'take profit and stop loss, control desires' into my very bones, forming a conditioned reflex.

## Five life-saving rules to recite before opening a position
1. **Cut losses if wrong, never hold on**: In trading contracts, the worst mindset is 'luck'. My two early liquidations were both because I thought 'it will rebound soon' and stubbornly held onto my position. Later, I set a strict rule: when reaching the stop-loss point, no matter how unwilling, I immediately close the position, even if the market comes back right after; I never regret it. Remember, in the contract market, surviving is a hundred times more important than 'proving you were right'.
2. **If you make 20 consecutive mistakes, stop for the day**: The market can sometimes be erratic; when you are losing consecutively, your mindset can easily collapse, and the more you operate, the more mistakes you make. I set a 'circuit breaker': if I make 20 consecutive mistakes in one day (even if each loss is just 10 dollars), I shut down the software immediately and don’t reach for any tempting opportunities for the rest of the day. A good night’s sleep to cool off often helps avoid bigger pits.
3. **Withdraw if you make 5000 dollars**: The greed during winning is scarier than the panic during losing. I set a rule that when my account profits reach 5000 dollars, I must withdraw at least half of it. During last year's Ethereum bull market, I started with 500 dollars and rolled it to 500,000 in 3 days. Luckily, I withdrew 200,000 along the way, which helped me preserve most of my profits during the subsequent pullback, unlike others who went through a 'wealth roller coaster' and ended up at zero.
4. **Only trade in one-sided trends, play dead during consolidations**: To make money in contracts, it’s key to 'borrow momentum'. In a choppy market, 100 times leverage is like a 'death sentence'. I once waited 4 months without opening a single position just to wait for a clear one-sided trend. Don’t always think about frequent trading; identify the opportunity and go all in; during regular times, be like a rock, staying still, which can actually make your earnings more stable.
5. **Do not exceed 10% of capital for a single position**: Even with the most certain opportunities, I never go all in. For example, with a capital of 1000 yuan, I only open positions of up to 100 yuan at a time. Keeping a light position means that even with significant market fluctuations, my mindset won’t collapse, allowing me to patiently wait for the trend to develop. Going all in may not be enough even if you get 9 trades right; one mistake could wipe you out.

## Can you still trade contracts now? First, ask yourself these three questions
People often ask, 'Can I enter the market to trade contracts now?' My advice is to ask yourself these three soul-searching questions:
1. Has a big volatility market really arrived? (Avoid 100 times leverage in a choppy market)
2. Is the trend one-sided? (A market that jumps back and forth is a 'meat grinder')
3. Can you focus on earning in the middle segment without being greedy for the final 'tail end' of the market? (Greed is a major taboo in contract investing)

If the answers are all yes, you can try with a small amount of capital; but if there’s any hesitation, it shows that you haven’t been 'beaten up' by the market enough, and it’s best to quietly accumulate coins.

In the end, rolling contracts is not an easy shortcut to getting rich, but a rigorous test of discipline. From 1000 yuan to 100,000, I didn’t rely on insider information or blind guesses; I did one thing right: treating the five rules above as a 'life-saving talisman'. If I made a mistake, I would punish myself by stopping trading for 3 days. Remember, contracts can either lead to overflowing wealth or lead you to bankruptcy. If you don’t have a strong mindset and strict discipline, don’t come here to hand over your money. The true 'secret to getting rich' is not about high leverage but the 'superb execution ability to stop when greedy, hold firm when fearful, and patiently wait when uncertain.'#加密市场回调 #山寨季何时到来？