Send this private message to my die-hard fan, and to all the brothers still struggling with contracts.

Brother, you blew up again last night, right? You saw the right direction but lost everything. I told you not to go all in, but you didn’t listen; in five minutes, you were left with useless orders. Don’t blame the market makers; this time it’s truly your fault for not understanding the rules.

1. Contracts are not about buying coins; it's a gamble. You earn from others' losses, while the platform takes fees, funding costs, and liquidation price differences, layer by layer.

2. The funding rate is the market maker's whistle. The long position rate looks good, but in reality, it’s telling you to give up. Once you rush in, the rate turns negative instantly, leading to slippage and liquidation.

3. Liquidation price ≠ leverage countdown. Fees, slippage, and marked prices quietly move your liquidation line forward; with just a little market shake, you get taken out.

4. The higher the leverage, the more fees are scaled up with your capital. 50 times means 50 times the heartbeat + 50 times the fees; if the trend doesn’t come, your account gets eaten away first.

5. Don’t go all in on rolling positions. Last night you had a floating profit of 60%, but after one all-in, you lost 3% and wiped out your profit. Split your profits in half: one half for offense, and the other half for defense.

6. Stop saying “precise explosion.” A spike is just a liquidity vacuum; you missed the opportunity. Instead of complaining, check your leverage, stop-loss, and margin. The rules are black and white; it’s your laziness.

I’m not a genius; I just have more liquidation experiences than you and paid more tuition.

If you want to turn things around, read the rules three times: funding rate, marked price, liquidation line, fee gradient, insurance fund. Understand these before discussing techniques.

Final words: stop using hard-earned money to buy lessons. The market shows no mercy to anyone but rewards those willing to learn the rules. First learn to lose less, then you’ll earn the right to talk about making money.

Follow @小花生说币 , before the next market movement starts, I will post funding rate changes in the group to help you pay less tuition and keep more capital.