If you still want to open contracts, then you need to ask yourself several questions:

1. When you're right about the direction, can you ride the entire wave of gains? Or do you panic and sell right after a small increase?

2. When the market is falling, can you execute your stop-loss strategy as planned? Or do you keep lowering your stop-loss line until you get liquidated?

3. Is your win rate high when opening positions?

4. Do you make more on each trade than you lose?

5. Will you strictly adhere to your position management and avoid going all in on compound leverage?

6. Do you impulsively open positions after a loss?

There are indeed too many questions. Even if you manage to do all of the above, you could still be caught off guard by a black swan event, where you won't even get a chance to close your position at your stop-loss price. So, would you still want to open contracts? Let alone those 10x or 20x contracts. Therefore, entering the cryptocurrency market is not wrong, and it can indeed be profitable. However, you must exclude contracts from your options and focus on buying spot assets and dollar-cost averaging. So far, a complete cycle in the crypto market is about four years. During this four-year period, you only need to wait for the bear market to come and gradually buy in batches, regardless of which coin it is, as long as it hasn't been delisted. When the bull market comes, there will always be at least five to ten times the increase; a hundred times is also not impossible. This is a cycle and a law; this is investing, not gambling. I determined a few months ago that a bull market would start by the end of this year, and next year should be a good year. Let's encourage each other, and I hope everyone will achieve their goals next year.

PS: The coins I currently hold are Sui, Apt, Arb. Friends who are interested can discuss.