Adults stepping into the cryptocurrency world must bear the consequences of their actions and never evade responsibility when faced with issues. Since you've chosen this high-risk field, the first thing to do is to respect the market, rather than holding unrealistic expectations of 'making hundreds of thousands or millions as soon as you enter' — one must understand that those who can achieve such returns are indeed very few.
I often emphasize the importance of stop-loss operations and low-leverage contracts, not just talking theory but based on my personal experiences of enduring numerous rounds of surges and declines, having witnessed the ruthlessness and bloodshed of the crypto world, leading to the survival tactics I've learned. Just like this recent major drop in the crypto market, I also stopped out my long positions with nearly 30,000 U, but this was already a stroke of luck amidst the unexpected. Many well-known influencers did not predict the trend, let alone ordinary people; too many woke up to find their savings completely wiped out.
I can control my losses, and the key lies in being cautious during operations: that night I opened a long position on Bitcoin and specifically set a stop-loss within 1000 points, using only a small portion of my total funds. More importantly, last month's profits were withdrawn early and secured.
If one truly intends to earn steadily in contracts, leverage must be used cautiously. When buying the dip, do not exceed 3 times leverage on altcoins, and do not exceed 10 times on mainstream coins. Sometimes 'slow is fast'; one must remember that the goal of entering the crypto world is to make money, not to gamble. I have rarely seen anyone with a gambler's mindset stay in the crypto space long-term; in the end, only a few survive.
There is no guaranteed profit path in the cryptocurrency world, only a respect for risk, adherence to discipline, and taking responsibility for every operational step, which enables one to go further. Let's encourage all those who are steadfastly moving forward in the crypto world together! @星宇币潮
