小噢说币

Many friends who play contracts complain to me that the transaction fees are too high. There are actually several important points worth mentioning here, full of valuable information.
First, you need to know that the amount of transaction fees is directly related to the size of your position. It’s not just about how much you initially invested, but rather how much goods you currently hold.
The more positions you have, the higher the transaction fees will naturally be.
Secondly, the difference in transaction fees between market orders and limit orders can be significant. A market order is like directly buying goods from someone else, costing more money, usually 0.05%. A limit order, on the other hand, is like setting up a stall waiting for someone to buy, and the transaction fee is much cheaper, only 0.02%.

Don't let transaction fees make you work for the exchanges anymore
How terrifying are contract transaction fees?
The 'small money' you think is devouring your principal
Is the transaction fee for opening and closing positions really only 0.02%-0.05%?
But if you trade 10 times a day, that's 200 times a month!
Assuming a principal of 100,000:
200 times × 100,000 × 0.05% = 10,000 yuan evaporated out of thin air
Not to mention slippage and liquidation, transaction fees have already eaten up 10% of your hard-earned money!

I am Xiao O, a professional analyst and educator, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will solve your confusion and position issues, speaking with strength. When you feel lost and don't know what to do, follow Xiao O, and I will point you in the right direction #币安Alpha上新

Since the beginning of this year, I have clearly felt that the popularity of contracts in the cryptocurrency circle is very high. A very clear example is that those who were once conservative have started playing contracts, or at least changed their attitudes.
When I first entered the cryptocurrency circle, there was such a disdain chain within the circle:
The mainstream coin value investors look down on the value investments of altcoins.
Long-term investors look down on wave traders.
Wave traders also look down on those who use contract leverage.
Anyway, at that time, there was such an atmosphere in the circle; I didn’t know what leverage or contracts were, but I knew that this stuff couldn't be played with, as playing with it would lead to bankruptcy, because the big players and all the seasoned investors said so.

The number of times you leverage doesn't really matter; what's important is how much position you take. You can refer to my previous answer.
Secondly, I feel that studying MACD, golden crosses, and death crosses is not really suitable for ordinary people. You need to accept the fact that you are just an ordinary person. Many people study candlestick patterns every day; there are many hardworking individuals, but most still can't make a profit. The more they learn, the more they lose. Many have the ability to learn and are willing to work hard, but they lack a systematic growth path, which is the most difficult for most people.
What I want to express is that learning to invest shouldn't start with technical analysis. You should first understand the concepts from the top down, what money is, and if the direction is wrong, all effort is in vain. Ask yourself if you are suitable for value investing or speculation. Don't mindlessly treat contracts as gambling tools; they should only be a means to take control of time. If you are thinking about getting rich quickly, then going to zero is just a matter of time.

When you see darkness everywhere on the internet, the real world is even darker. Xin Youzhi's Xin Xuan cotton pad testing revealed extremely high levels of carcinogens, having sold 3.33 billion yuan over 8 years.
When I was earning a monthly salary of 6,000, I often browsed Zhihu posts asking what it feels like to have 100,000 in savings. After I saved 100,000, I started looking up what it feels like to have 500,000. After reaching 500,000, I was curious about what it feels like to have 1 million. Now that my trading savings have reached 1 million, my biggest thought is, when can I reach 2 million?

Contracts are futures.
They are mainly used to lock in profits for miners. With the participation of miners, contracts have core customers, and with a large volume, they become operational.
In fact, besides contracts and leveraged trading, there are other forms of trading. For example, borrowing, spot leverage, etc., all have ready-made financial solutions to fully meet the needs of gamblers. But in the end, none of these really took off.
Therefore, whether a variety can occupy the mainstream depends on whether there are core users; the strength of core users determines the future of the variety.

I am Xiao O, a professional analyst and teacher, a mentor and friend on your investment journey! As an analyst, the most basic thing is to help everyone make money. I will help you resolve confusion, clear positions, and let my strength speak. When you are lost and don’t know what to do, follow Xiao O, and I will guide you.

In the crypto circle, there are only two risk controls for trading contracts:
1. Isolated margin, small position can allow for larger leverage.
2. Cross margin, heavy positions must have a stop loss.
There are only these two risk controls, there is no third effective option. Those who talk about averaging down are just holding positions, making it hard to earn money. It has no real significance.
Xiao O is currently using the first method, small position, not afraid of liquidation.
For those trading contracts, it's best not to open positions when going to bed at night; if you must, open very small positions.
Regarding the above title, how much stop loss is appropriate for opening a contract? Set the stop loss to a level where your position doesn't get liquidated, provided that your buying strategy is not going in the opposite direction. Due to high volatility, some stop losses are not significant; setting it within 1-5 points can easily be triggered.

I have also experienced liquidation. I treated trading as my way to turn my life around, aiming to soar, and invested a large amount of money and energy recklessly.
In 2019, I enjoyed the first wave of airdrop dividends from BN, entering the first 100 in the crypto space. Then in 2021, I made big profits from airdrops and interest differentials, and in 2022 LUNA went south, but by the end of the year, I entered A8.
Why do I say there must be a season for altcoins? Reason 1: In the later stages of a bull market, Bitcoin (BTC) no longer generates wealth-effect; later funds will choose altcoins. Reason 2: In the later stages of a bull market, project teams pump altcoins to exchange for your Bitcoin (BTC), as Bitcoin (BTC) is easier to liquidate. Reason 3: The bull market ends in madness, and madness must be the madness of altcoins. Reason 4: Pumping Bitcoin (BTC) brings retail investors in, while pumping altcoins prevents retail investors from getting out.

It appears that the nominal values are all 10000U, but the initial margins are different: one is 1000U, and the other is 2000U.
One is 10x, and the other is 5x.
If we ignore any fees, then ideally: the former goes bankrupt to zero when the price fluctuates by 10%, while the latter goes bankrupt when the price fluctuates by 20%.
In reality, there will be many intermediate losses involved: assuming the fee rate is 0.1%, then 10U will be deducted as a fee.
So we can roughly consider that the margins are only 990U and 1990U. (In reality, the calculations are more complex than this.)
At this time, the nominal values are 9900U and 9950U.

Let me tell you a very scary statistic.
You know there are rebate rewards on various trading platforms, right? Influencers attract new users through their influence and traffic. When new users register through the influencer's link and open a contract, a portion of the commission fee is given to the influencer. Many influencers have achieved financial freedom and a change in social status through rebates.
I previously chatted with a big player in the rebate business. He said that among newly registered users, as long as they open a contract, 80% of the accounts will be inactive after six months, and 10% will not last more than a year. In other words, 90% of new users lose all their money through contracts within a year... The remaining 10% are also intermittently recharging and remaining active.

When I first touched futures, it felt like carrying a lighter into a powder magazine. In 2018, I dashed into the crypto world with my year-end bonus, coding in the office during the day and gambling on exchanges at night. Guess what? Back then, ETH was only $200, but I insisted on playing 'timing the top and bottom' with 10x leverage, and ended up getting taught a lesson by the market. The worst moment was at 3 AM, watching my account drop from 30,000 USDT to 15,000; greed prevented me from closing my position, and when I opened my eyes in the morning, I was left with nothing but my underwear. (Thinking back to that piercing candle, my back still chills.) Later, I realized that the futures market is a ring that punishes those who don’t learn their lesson.

The most important thing is: risk control
I often remind myself that forgetting about stop-losses means forgetting about risks; we must maintain respect for the market!
In this circle, you often hear about certain traders, million or even billion-dollar accounts blowing up; it's quite common. They make some money and forget about the risks, thinking they are geniuses, not setting stop-losses, and blowing up is just a matter of time.
In this circle, there are definitely more losers than winners; it's actually a transfer of wealth. The money you earn is essentially the money others lose; only the exchanges make a significant profit.
First
Determine whether you are playing contracts for the short term or the long term. For short-term, it's about quick entries and exits, using high leverage, which is quite aggressive and has higher technical requirements and risks. When trading contracts, you should be steady and also invest in Bitcoin and Ethereum. Other altcoins pose significant risks, and my advice is to avoid them.

Run Tu works hard, becoming numb and indifferent. Xiangzi works hard, but ultimately dies on the street. Xianglin Sao works hard, but freezes and starves to death on New Year's Eve. The ugly duckling eventually becomes a swan, not because it worked hard, but because its parents were swans! If your parents in China are not rich or noble, your goal in entering the crypto world is simply to become wealthy and pretend to be a swan, so as not to marry a toad. Thus, Zhang Xifeng from Hengshui High School no longer wants to be a rural pig; he goes to the big city of Hangzhou to become a pig's snout and root for cabbage, not knowing if he succeeds.

If your capital is within $1000: Only trade contracts!
If your capital is over $10,000: Use 80% of your capital for spot trading!
Can $5000 in cryptocurrency trading turn into $1,000,000? Let me tell you something practical! See what method I used to earn over a million in just one month!
The core message is: leverage contract trading to amplify profits!
But don't rush; first, convert this $3000 into $400 (approximately $400).
Let's take two steps:
Step 1: Small capital snowball (from $300 to $1100). Take out $100 to play each time, focusing on the recently popular coins. Remember two things: ① Run when you double your money (for example, if $100 turns into $200, cash out immediately) ② Cut losses at $50. If you are lucky and win three times in a row, you can roll to $800 ($100-$200~$400~$800). But know when to take profits! Play a maximum of three rounds, and stop when you reach around $1100; this stage relies heavily on luck, so don't be greedy!

Rebating handling fees is not illegal, and trading cryptocurrencies is also not illegal. It's just that these are not protected by law. Don't go to shady platforms; at least choose a platform that has a good reputation.
The larger the platform, the less the rebate; some second-tier platforms are also reliable. If it exceeds 70%, be cautious; you might not even be able to withdraw your principal.
I can just rebate 70%, it's not particularly large, but it has a bit of recognition now, and the development is getting better and better.
If you want to get a rebate on the handling fee, go ahead, but don't believe the rebate ratios that are too high; in fact, the handling fees are not that much. Those who truly engage in contracts should not care too much.

To be honest, in the past two years, many people around me have been asking one question:
‘Do you think there’s still money to be made in the crypto world? I missed the boat before; is there still a chance now?’
My answer might disappoint some people, but it’s very real—most people really cannot make money.
Have you ever had a similar experience?
Trading spot, trapped at the mountain top; playing contracts, blowing up twice in a few days; chasing level one, and the project goes to zero as soon as it goes live.
In the end, you doubt life, not understanding whether the crypto world has changed or if you are just not suited for it.
Actually, you are not wrong; the problem is that you don’t really understand the 'underlying rules' of this game in the crypto world.

If you don't trade contracts now, it's impossible to get rich.

Trading contracts with 100x, 50x, a few hundred U, or a few thousand U might be possible, but making continuous money with over ten thousand U at 100x leverage is impossible. Just think about it; the funds you can use to play with 100x leverage over ten thousand U are not much, and it’s essentially gambling your entire wealth. Newbies don’t start off this way; that number is something you can’t bear. Do you know how much margin you need? I believe there aren't that many fools in this world, so stop asking if there's a way to make a million overnight. Typically, with contracts, I use 5 to 20 times leverage, continuously trading 200 U to reach 10,000 U over about two months. I don't know if my method will still work after this market phase. My strategy is to find out which coins are being hyped through social media and then look at the market and the dealer's volume. I predict larger trading volumes around 11-12 PM or 2-3 AM. When I have a long-term bullish outlook, I set positions during sharp drops. For example, if you have 100 dollars, your margin is 100, and the position is 20 dollars with 20x leverage. Generally, 1 to 4 hours is one point; if it continues to drop, I keep making positions. When social media traffic decreases, you can tell it will drop. It’s a very simple theory. Social media traffic can be monitored using plugins to view data. This method can easily lead to blindly following the trend because of overconfidence, so staying calm is crucial. During continuous declines, I would trade a few dozen dollars with 100x leverage adjustments.

Because of the effect of sudden wealth.

Listening to content

In this circle, every so often, you hear about someone getting rich. The most popular before, Liangxi, shorted at 519 and made 20 million. Although life is tough now, he’s famous enough. The post-00s wealthy generation on Zhihu, and a high school student studying in the U.S., have all made big money. There’s also a female college student who shorted Luna and made 10 million. Bit King also made tens of millions. Previously famous Ma Deshui turned 10,000 into 5 million.
Additionally, other scattered individuals getting rich have attracted many people wanting to make a quick profit.
However, among those who play contracts, only less than one in a thousand can be stable. Don’t talk about how much you’ve made in the short term, or tenfold, hundredfold, etc.

A very simple trading method for cryptocurrencies, the most stable way to play contracts! Tips for making money with perpetual contracts!
In the cryptocurrency market for several years, I consider myself to have outperformed 90% of contract traders, having experienced capital pools, contracts, and arbitrage, and I have also been ruthlessly harvested by the market makers. I have encountered and stepped into all the pitfalls that the market has to offer.
People in the cryptocurrency circle may increase their value by 50 to 100 times overnight or suddenly lose everything in an instant.
Playing contracts in the cryptocurrency circle is like playing with your heartbeat, thrilling and more exciting than a roller coaster.
Have you ever experienced consecutive losses and frequent liquidations?
Then you feel frustrated and regret your decisions?

In my 10 years of investing in digital currency, I have genuinely earned 26.5 million. Every penny of this money did not come easily; it hides the lessons and experiences I learned while struggling in the market. Today, I want to share these practical insights with you in the most straightforward way.
Do you often see people playing particularly well in the digital currency space?
In fact, many of the methods they use may seem clumsy, but they are really effective. It's just that this requires us to spend time studying and practicing in real scenarios.
Remember the following practical insights: