Cryptocurrency Contract Newbie Avoid Pitfalls Guide: Only those who have crawled back from the brink of death are qualified to teach you how to make money
If you want to play contracts, I advise you to read this paragraph first.
Because I have seen too many people, who said "steady" yesterday, today their accounts are zeroed, and tomorrow they disappear.
And why can I speak?
Because I have stepped on all the pits—then survived and crawled back.
1. Don't rush to make money, first learn not to die
Perpetual contracts sound cool: open anytime, close anytime, can confront the sky, the earth, and the air.
But it’s like a gun without safety—every time you point it, it may go off.
Leverage is not wings, it’s the executioner.
Newbies come in with 20x, 50x, their heart hasn’t even raced, and their account is already gone.
Want to play? Start honestly within 5x, feel the strength of "market education".
Stop-loss means life.
Contracts without stop-loss are like skydiving without oxygen.
You think you can fly, but in fact, you are just waiting for the moment you hit the ground and spark.
Don't randomly choose platforms.
Cheap fees are meaningless; capital safety is real safety.
You may run faster than the main force, but you can’t outrun the platform that runs away.
2. Technology is icing on the cake, discipline is the lifeline
Listen well:
1 stop-loss can save you 10 impulsive actions.
· Can’t bear the loss? That’s not determination, that’s waiting to die.
· High leverage? It’s a new hand’s special path to liquidation.
· All in? Brother, that’s not courage, it’s an epitaph.
The ones who truly make money are not the smartest, but the calmest.
3. Three red lines, touching any one can send you away
① Don’t chase the skyrocketing coins
While others are at a peak, you are the one picking up the pieces at a high position.
You think you are picking up money? The main force laughs at you for picking up scratch tickets.
② Don’t open positions without stop-loss
This is the bottom line!
You can lose direction, but you can’t lose your rationality.
③ Don’t operate emotionally
Chasing highs and cutting losses is the script of a newbie’s fate:
"Chase when it rises, cut when it falls, rebound after cutting, chase after a crash."
Then sitting on the edge of the bed asking: "What have I done?"
The last true word:
Contracts have never been a shortcut to making money; they are a test of whether you can survive.
This article is not advice; it’s a warning not to let the market wake you up too late.
Want to play?
First, understand the rules, stabilize your mindset, and protect your life.
Only those who survive are qualified to talk about making money.
