Why do so many people in the cryptocurrency world love to trade contracts? Because it is a shortcut to getting rich quickly!

Contract trading is simply like the thrilling "gambling" of the cryptocurrency world. The average person works hard for a month to earn ten thousand, while in the contract market, ten thousand can be leveraged by thousands of times; even a small increase can earn you ten thousand. If it rises by ten points, that’s a hundred thousand, and you can earn a year's salary in just a few minutes! Who can resist this temptation?

Of course, some might think, "But what if the direction is wrong, wouldn’t that mean losing everything?" Yes, there is indeed risk. But you have to look at it from another angle: losing ten times can lead to profit just by being right once. In the cryptocurrency world, volatility is immense; it’s common for prices to rise or fall by 1-2% within a second. If you’re lucky, you can earn a month’s salary in just a few seconds!

This is why many people in the cryptocurrency world prefer to trade contracts—everyone is thinking about making quick money. In this fast-paced society, most people are unwilling to slowly accumulate wealth and would rather take high risks for a chance.

However, some people take a more stable approach; they use a strategy of large positions with small leverage. Although the returns aren’t as high, the stability is strong, and they generally win 7-8 out of every ten trades.

That said, the contract market is not simple; liquidations happen frequently. In the past month, the liquidation amount in the cryptocurrency contract market has reached as high as 20 billion dollars! Whether you have small or large funds, you must be careful here.

So how can you avoid liquidation? The key is position management!

Liquidation often occurs due to excessive leverage and heavy positions. Therefore, when trading contracts, you must control your position and leverage well. When leverage is high, the position must be kept relatively low to ensure fund safety.

Regardless of how the market fluctuates, always protect the safety of your position. There will be moments of market turbulence, but the safest strategy is to maintain a stable position. Occasionally feel the rhythm of the market.

As an experienced cryptocurrency investor, I share my experiences and insights for free. Interested in the cryptocurrency world but don’t know where to start? Follow me to watch my insights and guide you to achieve freedom in this bull market.