Suggestions for Newcomers: If you're just starting out and don't know how to operate, and you have a capital of about 1000U, consider splitting it into 10 parts, investing 100U each time, and it's advisable to use a leverage of 20X. Newcomers often find it hard to control their mindset with too high a leverage. Keep the remaining 900U in a wealth management account. If you lose 100U, don't think about averaging down. If you lose everything, the first thing you need to do is reflect and summarize, then rest for 1-2 days. Don't be afraid of missing the market; Bitcoin's volatility can happen at any time. There are significant fluctuations every month, and opportunities depend on your luck. Once you're adjusted, divide the remaining 900U by 10 to make each part 90U, and invest that again, but be careful this time to try to earn the money back. Suppose you earn 300U this time, keep 100U and transfer out the remaining 200U. This way, you'll feel more at ease, and your mindset will improve significantly. Make sure not to invest everything, as a sudden black swan event could wipe you out. You would be starting all over again. Objectively speaking, for contract trading, it's best to use 10X leverage. If you're wrong in direction and it drops by 10%, you will be liquidated. Even with Bitcoin, a 20% fluctuation in a year is very normal. If you're fully invested every time, all previous gains will be meaningless, and you could end up at zero. No one can guarantee being right every time. A good trader with a 60% success rate is already impressive. Therefore, position management is extremely important. Even with a 90% win rate, you should avoid adding positions when you're feeling uneasy; instead, you should reduce or close your positions. If your losses exceed 2% of your total capital in one day, it’s time to be alert. When losses reach 6%, clear all losing contracts, set a breakeven price for profitable contracts, and at least take a rest for 2-3 days. Chasing up is risky; unless the market conditions are clear, don't blindly chase after the rise. Be cautious when adding positions after making a profit, especially after substantial gains, as new positions often lead to failure. If you want to add positions, either act immediately or wait for a significant pullback to end, following the pyramid adding strategy.