Don't approach contracts with a spot mindset!!! I believe most people coming here are likely poor, and they come to this world's most risky trading market for high-risk assets with the idea of making a quick buck in the short term! Therefore, trading contracts with small amounts for large gains is the inevitable choice. There's nothing to be ashamed of; if you want to make money, don't hesitate! As long as the account is growing positively, it's fine. So, if you should go long, go long; if the direction changes, cut losses. If you should go short, go short; let it die. Instead of holding onto a position!

This is asking for death!

The market is chaotic! You can only respond passively.

You can guess what the future situation may be, but it doesn't mean it will definitely be that way.

So, after placing an order, set your take profit and stop loss, then don’t watch the market. Either take a small loss or a small profit. If you’re unwilling, just set a stop loss and take profits manually.

The scariest thing is not cutting losses when you're down, averaging down to a larger loss, and ultimately holding on until you’re completely wiped out!!!

Back to spot trading, some say that spot trading won’t lead to liquidation, and that’s true. But have you considered the time cost? Have you considered the capital cost? These sunk costs are invisible; they do exist!!!

Therefore, the logic of trading is very important.

Whether it’s stocks, futures of bulk commodities, gold, or foreign exchange, they all have fundamental values and trading logic. Only the cryptocurrency market is a global extreme risk market with no fundamental value or logic left, just speculation. You could say that if you come to this market, don’t talk about value investing; that’s like burning paper at a grave, fooling ghosts!

Since that’s the case, you should be making U.S. dollars; what are you doing holding onto coins?

The market manipulators love you fools who are always going long and always tearfully emotional.

Who can you move besides yourself? Besides disappointing your family, you disappoint many others.

Even now, many people still hold onto illusions, still carving the boat to seek the sword, clutching some data saying the bull is still there. I don't know what they truly think deep down?

Is the bull still there? Discussing this is meaningless. Holding onto a few broken data points and insisting that the bull is still there; fine, show your positions and profits.

Don’t say you’re going long while secretly shorting.

Are you playing with fools?

He, go away.