A few hundred U to enter the market, relying on holding Bitcoin to get rich? Wake up, Bitcoin is for whales to hold; the little change you have isn't even enough for mining fees! Ordinary people want to make a comeback; contracts are the only leverage— but leverage is a double-edged sword; fools use it to cut themselves, while experts use it to cut steak.
Contracts are not scary; find the bottom to build positions, and before building positions, be sure to calculate the stop-loss level—"how much loss can I bear? If it’s right, hold it; if it’s wrong, stop loss; repeat this, and making money is that simple.
Many people see contracts as poison because they treat contracts as a casino tool. Remember, classmates, we are speculators, not gamblers.
There are many experts in contract trading, and here’s a bit of advice from me regarding trading contracts:
1) Go all in at low levels and just lie flat; don’t get shaken out by market makers. Hold onto trend positions + if you want to make money, make it big; just chasing short profits is useless.
2) Don’t roll over positions, don’t add to positions, because before you open a trade, you must anticipate all the bad scenarios and set a stop-loss. If you add to your position later, it means you were wrong from the start; if you were wrong, what are you still playing for? Rolling over positions can easily lead to a liquidation by market makers.
3) Freedom in longs and shorts, but I still suggest you gamble on contracts with longs, because the upward potential is limitless; catching a trend can earn you a lot. To make big money on shorts, you must keep rolling over under a trend, but this can easily get you wiped out by a sudden reversal from market makers.
Holding position syndrome? That’s just a case of itchy hands!
Having no positions feels like having a smoking addiction; you feel all itchy and can't be comfortable until you place a trade; but once you place a trade, you get scared like a quail, trembling at every market movement. You always feel like there are opportunities everywhere, but what’s the result? The more you trade, the more you lose; the more you lose, the less you accept it; in the end, your account is thinner than your wallet. How to cure this? Turn off the trading software and go work at a construction site for a couple of days; it’ll definitely cure you.
"All-weather" operation? Do you think you’re a top?
Trying to catch both long and short, wanting to profit from both ups and downs, staring at the K-line day and night— what’s going on, do you want to be the perpetual motion machine of trading? The market has its own temperament; when a trend comes, follow it, don’t always think about going against it. Be honest in a bull market, obediently short in a bear market; those who leap against the trend will find the grass three meters high on their grave.
Trying to catch a rebound against the trend? It’s like catching a knife with bare hands!
See a drop and want to catch the bottom? A knife falling from the sky, are you reaching out to catch it? If you don't have the skill, don’t take on the delicate work. A rebound is a knife's edge for experts; what are you, a novice, doing in the mix? If you must play, remember to use pocket money; don’t stake your coffin fund.
Hesitant to place orders? Opportunities have already been fed to the dogs!
Be wary of fake bull signals when long, and fake bear signals when short; fearing wolves in front and tigers behind; by the time you figure it out, the market has already run off without a trace. Trends are like green skin trains; they start slow, but once they run, they can't stop. Once it takes the first step, if you follow half a step late, then just wait to eat dirt.
Always think the main force is watching you? Don’t flatter yourself!
"If I go long, it drops; if I go short, it rises; is the main force targeting me?" — Wake up, your few coins are not worth the main force's attention! If you lose money and feel anxious, turn off your computer, go for a walk; when you come back, cut your losses; don’t challenge the market; it’s more stubborn than you.
Going all in? Want to get rich overnight or die overnight?
Going all in, if it rises, you enjoy the good life; if it falls, you go work hard? Even casinos wouldn’t play like that! Black swans, policy flip-flops, exchanges pulling the plug... any of these can wipe you out in an instant. Remember: don't open a position over 30% of your capital in a single trade; leave some reserves, at least you can survive.
Still refuse to admit mistakes? The market specializes in treating all forms of defiance!
Not cutting losses when in the red, stubbornly waiting to break even? ‘I don’t believe it won’t rise!’ — The market specializes in treating this kind of stubbornness. Losing money is not shameful; what’s shameful is losing everything down to your underwear while still being stubborn. The first time you stop loss is a lifesaver in trading; those who stubbornly hold out until the end are just lining up in the graveyard.
In summary: contracts are about probability, discipline, and the loss of human nature. Want to survive? Small positions, stop losses, and follow the trend; these six characters should be engraved on your forehead. The rest is left to luck—but remember, luck is never reliable.
Through hard work in the crypto world, I have summarized 10 rules and insights for trading; the content is not much, but the value is high; if you think it’s unreasonable after reading, say whatever you want!
Don’t chase highs; let the ups and downs happen, stay calm.
Determine the quality of buy points; big level buy points require patience; that’s the right mindset.
Mindset is key; knowing it’s not a buying point yet feeling the urge to trade is useless theory.
Stay calm, be ruthless with coin positions, only recognize buy and sell signals; with skills + big funds, it's never too late to act.
Mistakes are only your own fault, summarize immediately.
Avoid being impatient for quick success; if you can't control your greed, it’s hard to last; not being tied down by bullish or bearish sentiment is what true participants do.
Compete for long-term profits, relying on effective strategies; think thoroughly before buying, and be decisive when holding and selling.
The market rewards the patient; frequently switching coins makes it hard to grow; focus is necessary.
Keep up with the market rhythm, abandon greed and fear; no one can stop you.
Compound interest is the most powerful; a good mindset + skills will surely lead to victory.
If you feel helpless and confused in trading, pay attention to the current market; the clearer you see, the more confident your operations will be. Stable profits are far more practical than fantasizing about getting rich.
