Cryptocurrency Newcomer's Anti-Explosion Manual: Survival Rules from Spot to Futures

The Bleak Reality: Futures are a Harvesting Machine for Newcomers

97.8% of futures beginners go bankrupt within 3 months

With 10x leverage, an 8% price reversal wipes out the principal

Over 60% of liquidated users end up in debt (owing the exchange after forced liquidation)

Three Hidden Swords of Futures .

1. Funding Rate Trap - Charged every 8 hours (up to 0.1%)

Long-term positions may suffer from “slow knife cuts,” for example: when going long and the price remains flat, losses continue due to fees

2. Slippage Black Hole

During severe market fluctuations, the actual transaction price may differ by more than 5% from expectations

You think you've made 2000 USDT, but after clicking to close, you only end up with 800 USDT

3. Forced Liquidation Conspiracy

Exchanges use the marked price (instead of the real-time market price) to trigger forced liquidations

In extreme market conditions, your position may be liquidated early

Newcomer Evolution Roadmap

Bronze Stage 1-3 months

Required Courses

Complete 10 spot trades (familiarize with basic operations)

Learn to check the fundamentals of the top 50 cryptocurrencies on CoinMarketCap

Market cap, circulating supply, official website

Successfully withdraw funds to a cold wallet more than once (to prevent exchange insolvency)

Taboos

Engaging in futures, leverage, options

Chasing after meme coins

Silver Stage 3-6 months

Required Courses

Spot account with continuous profits > 15% for 3 months

Able to clearly explain terms like TVL, Gas fees, staking APY, etc.

Experience a drop of 50%+ and still maintain composure in holding

Taboos

Leverage exceeding 3x

Single investment exceeding 20% of total capital

Gold Stage 6 months+

Entry Threshold

Pass simulation trading tests (at least 1 month of stable profits)

First real trading leverage ≤ 5x

Single trade ≤ 2% of principal (e.g., with 100,000 principal, maximum single trade is 2000 USDT)

Death Formula; recommended to engrave on your forehead

Spot Loss = Principal × Decline Rate

Futures Loss = Principal × Leverage × Decline Rate × 1.5 (exchange markup)

Leverage is poison, not an antidote

With 5x leverage, a 20% market fluctuation = game over

True experts often only use 1-2x

Exchanges understand human nature better than you do

Those “high leverage recommendations” and “high profit tutorials” are bait

Remember: What exchanges earn is the money from liquidations

Surviving longer is winning

If you don’t understand cryptocurrencies yourself, it’s advisable to stay away from the masters!

Whether it’s fresh goods or harmonious interactions! Success is not just about luck

Choices may outweigh effort!

During the day, pay attention to #BNB走势 #SOL空投 #ETH突破2500