$BTC $ETH 90% of novices stumble into these 3 pits, today I break it open and explain it thoroughly, understanding it can save you tens
10,000!
I. First understand: What exactly is the 'contract' you're playing? (3 minutes of basic knowledge, don't be blind)
- Perpetual contracts* 'Can be played forever': It has no expiration date, sounds flexible? But the 'funding rate' will nibble at you every day—when the market
The market rises unilaterally wildly, and long orders have to pay money to short orders, and vice versa. Have you ever seen someone opening a long order and lying down for 3 days, not waiting for the market, but being eaten away by fees?
Has the rate eaten away 15% of the principal? This is not an exaggeration.
- Leverage: 10x = 10x risk, not 10x opportunity: Opening 10x leverage with 1000 yuan is equivalent to you gambling with 10,000 yuan, but
A 10% drop will result in liquidation (the platform will directly liquidate, leaving nothing). Don't believe 'experts play 50x'
', the data tells you: the currency circle single day
Fluctuations of more than 5% are commonplace. 50x leverage means 'a 2% fluctuation will result in zeroing,' this is not investing, it's giving money to the platform.
- The 'hidden pit' of delivery contracts: they will be forcibly closed before expiration. Even if you are in the right direction, if the margin is not enough, you will be kicked out in advance.
Game. Have you ever seen someone bet on the trend correctly, but forgotten the delivery date and been liquidated by the system? A bloody lesson.
II. The 'Survival Rules' of Veteran Players: 3 Red Lines That Will Definitely Lead to Losses
1. 'Stop loss' is not an option, it is a 'entry ticket'
The most tragic case I've seen: a novice opened a long order, set a stop loss but 'temporarily felt it would rebound,' and manually canceled it. As a result, the market
A sharp drop, watching the account go from 50,000 to 0, and still owe the platform money (penetration). Remember: stop loss is the 'life-saving agreement' you sign with the market
Agreement"
', once set, it must be executed, even if it rebounds later—preserve the principal, and there will be another chance.
2. 'YOLO Leverage' = 'Giving the Market a Free Head'
Never put more than 20% of your principal into contracts! Someone sold their house and put together 500,000 to YOLO, betting on a piece of news with 20x leverage, and as a result
The news sentiment reversed, and liquidation occurred in 10 minutes, directly turning one from a 'homeowner' to being in debt. Veterans all understand: contracts are 'using small money to test mistakes', not
'Betting everything to make a comeback'
', the ending for greedy people has long been written.
3. Don't believe 'monster coin contracts' can make you rich
Those small currencies that rise 50% in a single day, the contract market is full of 'sickles.' The house can easily control the market, first liquidating the shorts and then smashing the longs.
Both sides harvest heads. Have you ever seen someone chasing gains and buying long, only to be pulled in the opposite direction and liquidated within 10 minutes? Small currency contracts are 99% for the house.
Offering free money, a novice touching it is just courting death.
III. Finally, a heartfelt word: Are you really suitable for playing contracts?
- If you see 'losses' and can't sleep, or it affects your life, don't touch it;
- If you can't even understand K-lines and just want to make money by 'luck,' don't touch it;
- If you're using 'money for food' or 'life-saving money' to play, don't even touch it!
The essence of a contract is a 'risk hedging tool,' not a 'shortcut to get rich' for ordinary people. Those who can survive in contracts are those who have 'risk control' engraved in their bones—every penny they earn is exchanged for countless times of 'restraining greed' and 'strictly stopping losses.'
Systematic Risk"