Brothers, don't be fooled by the illusion of contracts!

Do you often feel like the market is under surveillance, just watching your positions? You see the right direction, but always get shaken out before it starts; you just cut your losses, and the market takes off instantly; after finally holding onto a position, you fall at the liquidation line just before dawn.

Today, I will help you see the true nature of contracts.

I'm not a god and can't guarantee you will get rich overnight, but I can help you avoid most of the traps that many people have fallen into.

Let's break one illusion:

What you are playing with is not Bitcoin, but a "price betting agreement." You are the player, the platform is the house, and the money you earn comes from the liquidation of other players.

When you go long, you are betting on a rise; when you go short, you are betting on a fall.

Here are a few truths that no one openly states, yet they truly exist:

1️⃣ Funding rates are not "transaction fees," but rather emotional detectors!

Positive funding rate = long pays short; negative funding rate = short subsidizes long. If one side's rate is consistently high, it indicates that direction is overcrowded, and a liquidation storm is imminent.

At this moment, don't blindly follow the crowd—often the reverse layout is the way to survive.

2️⃣ The liquidation price has a "hidden buffer zone"!

Don't think that with 10x leverage a 10% drop will trigger liquidation. The platform will quietly collect an additional "friction cost" before forcibly closing your position, equivalent to an early detonation, causing your margin to go to zero.

This means your actual liquidation price may be closer than it appears.

3️⃣ High leverage is both an "accelerator" and a "money-eating beast"!

When you open a 100x position, fees and funding costs are calculated based on the magnified value. Overnight? High-frequency deductions can unknowingly eat away at your principal.

High leverage is only suitable for lightning strikes—earn and run, never linger in battle.

Now, let's talk about rolling positions; it's a powerful weapon for experts but a graveyard for novices.

Increasing positions in profit can multiply your gains by dozens of times.

But once the trend reverses, under full position mode, you will instantly wipe out, losing even your principal.

My strategy is: only use half of the floating profit to roll positions, always keep some base capital—staying alive gives you a chance to make money.

Finally, why do you always feel like you are being "targeted for demolition"?

Because exchanges can see most people's leverage ratios and stop-loss lines. Collective liquidation is the moment when the platform makes the most profit.

In the past, you were stumbling around in the dark; now the light is in my hands.

The light is always on, will you follow or not? @币来财888