Contract Survival Guide
1. Core Understanding: Contracts are not about 'buying coins'; they are essentially a zero-sum game. One must thoroughly understand the rules before seeking profit to avoid issues such as opening positions in the wrong direction, price rebounds after stop-loss, and losing money despite being on the right side.
2. Key Rule Points:
- Funding Rate: A continuous positive funding rate indicates overheating in long positions, so one must be cautious of market reversals.
- Leverage: It's a double-edged sword; while it amplifies profits, it also simultaneously amplifies risks and fees.
- Costs and Liquidation: Fees, funding rates, spreads, and liquidation prices will continuously drain the account; a 10x leverage has an actual volatility resistance far lower than 10%, making liquidation easy.
- Rolling Position Risk: Using profits to gamble is highly risky; it's advisable to retain half of the profits and use the other half for further speculation.
3. Operational Suggestions: In the cryptocurrency sphere, going solo can lead to pitfalls and detours. Having a professional team to guide you can minimize mistakes and help you navigate complex market conditions.
I am always here, waiting for you to join me. $BTC