The truth about the dream of sudden wealth: the crypto space is a huge graveyard
At 2 a.m., you stare at the fluctuating candlestick chart on your phone, your finger hovering over the "all-in long" button. This scene is experienced by every old trader in the crypto space—but 99% of people end up as someone else's ATM.
Those stories of 10U gods and cool legends are like tales of lucky winners in a casino, designed to entice the next bag holder. The truth is: every cent of profit in the crypto space is built on the bones of countless newcomers.
## Turning 3000 into 1 million? Better think about how to survive the next three months first
Let me burst your fantasy bubble:
- Exchange data shows that the average survival time of contract traders: 47 days
- Newbie first year liquidation rate: 92.7%
- The probability of truly achieving "turning small funds into hundreds of times": less than 0.001%
This is not alarmism, but a hard-earned lesson bought with real money. When you fantasize about "taking a gamble to turn a bicycle into a motorcycle", the dealer is calculating your liquidation price.
## The Triple Hell of Contract Trading (with Survival Guide)
### Stage One: Sweet Trap
"Earn 500 in 5 minutes! This is much better than working!"
Survival rule: immediately withdraw 50%, lock in profits
### Stage Two: Death Spiral
"Reverse averaging down, this time it will definitely come back..."
Survival rule: set hard stop-loss, if losses exceed 20%, take a mandatory 24-hour break
### Stage Three: Collapse of Belief
"Why does the price drop when I buy, and rise when I sell?"
Survival rule: uninstall trading software, find a job offline and calm down for three months
## The true wealth code (but no one wants to hear it)
1. **Invest in BTC/ETH during bear markets**: Boring but effective
2. **Participate in quality project airdrops**: Zero-cost gamble
3. **Learn on-chain data analysis**: 100 times more reliable than just looking at candlesticks
4. **Join the core developer community**: Get first-hand information
Remember: the most profitable thing in the crypto world is not trading, but:
- Opening exchanges
- Issuing tokens
- Media professionals
- Teaching others how to trade cryptocurrencies
## The last piece of advice for the stubborn newbies
If you must play contracts with 3000:
✅ Only use 5% of the position
✅ Maximum leverage not exceeding 10 times
✅ Daily stop-loss set at 5% of capital
✅ Withdraw half immediately after profits exceed 20%
I am trader Sun, having seen too many dreamers of "turning three thousand into millions" ultimately turn into tragedies of "turning three thousand into three hundred." I specialize in mid to short-term contract trading, sharing investment techniques and detailed strategy teachings! Remember: staying alive gives you the chance to see the next bull market.