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Don't remind me again today

#ETH走势分析 The contract thing is, to put it simply, a way to gamble small money for big money. Sounds tempting? Indeed. But I've seen too many people, who were showing profit screenshots in the group on the first day, have their accounts wiped out the next day.



Let's talk about something practical.

**What is a perpetual contract?**

In simple terms, it is a contract that can be held indefinitely, unlike futures which have a delivery date. It is flexible, but this means you might stay in the wrong direction for longer. Many people end up waiting for a "bit longer" and ultimately receive a liquidation notice.

**About leverage**

5x leverage, this is my advice for newcomers. Don’t jump straight into 20x or 50x; that’s not trading, it’s gambling with your life. Leverage will amplify your profits, but it will also accelerate your losses. Have you ever seen someone lose a month's salary in 10 minutes? I have, and not just once.

While the profits are magnified, the speed at which the principal evaporates is also frighteningly fast.

**How important is stop-loss**

Let's put it this way: not setting a stop loss is like running naked. The market won't really rebound just because you "feel it can bounce back." Hesitating for a second when it's time to cut losses could mean a difference of thousands of dollars. Protecting your principal is more important than anything else—this isn't just a platitude; it's a lesson learned with real money.

Don’t choose platforms randomly. Those small platforms claiming "zero fees" might save you some fees, but it may not be enough to cover your losses if they run away.

**A Few Rules for Survival**

Holding on to positions? Don't even think about it. Accept the losses; fantasizing that it will rebound will only lead to greater losses. The market never owes you a chance to turn things around.

Going all in is a huge taboo. Putting all your chips on a single trade is digging a pit for yourself. Diversifying your positions gives you at least a chance to start over.

What about those coins that suddenly skyrocketed? Just take a look, don't touch. What rises quickly often falls faster, and by the time you rush in, others have already sold off. You think you've seized an opportunity, but in reality, you've just picked up a distribution.

One more thing - emotions are the enemy of trading. Chasing when the price goes up and panicking when it drops, this kind of operation will eventually lead you to doubt life. Stick to the plan, even if it’s a bit slower, it’s better than operating chaotically.

**In the end**

Contract trading is not something you cannot do, but you have to be clear about what you are doing. It can make you money, but it can also bring you back to square one overnight. Calm decision-making and strict discipline—these eight characters are worth engraving on the screen.

Whether you can make money ultimately depends on whether you can control yourself.

$TRADOOR $PIEVERSE $VFY
ETH-7.36%
VFY10.05%
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ApeWithNoFearvip
· 12h ago
Really, there is someone around me who went all in with 20x leverage, and as a result, the account was completely wiped out. Now they even owe me money.
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MemeCoinSavantvip
· 12h ago
per the latest regression analysis of perpetual liquidations, the correlation between "hodling harder" and portfolio extinction hits statistically significant levels of yikes... the memetic velocity of rekt traders sharing their loss porn definitely suggests some kind of behavioral economics thesis happening here ngl
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RektHuntervip
· 12h ago
Really, I've seen too many people wipe out in a day. Now I see someone going all in 50 times and I just shake my head. Seriously, stop loss is really a lifesaver, if you don't set it, just wait to be played people for suckers. 5x leverage is indeed the ceiling for newbies, any more is just asking for death. The losses from those small platforms rug pulling are much greater than the transaction fees, don’t be fooled by zero fees. Diversifying is the right way, going all in is like a suicide trade, nothing more to say.
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GraphGuruvip
· 12h ago
It's this trap again, I've heard it too many times. Those who really make money keep quiet, it's the ones who lose that come to teach others...
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RugPullProphetvip
· 13h ago
It's all blood and tears. I was liquidated after going all in with 50x leverage in my early years, and now reading articles like this still makes me break into a cold sweat. --- The part about stop loss is spot on. I used to be the kind of fool who thought, "Just wait a bit longer and I'll recoup my investment," and that last second of hesitation cost me the down payment on a house. --- 5x leverage is truly the ceiling for newbies; going higher is just looking for death. Don't ask me how I know. --- You guys don't understand the feeling of being a dumb buyer. When the price rises, it's already too late, and when you decide to jump in, it instead falls. Ridiculous. --- Emotional trading is a real killer. I've seen too many people get crushed by news overnight, and then they make random trades and lose even more. --- Perpetual futures are just a pitfall. The more flexible something is, the easier it is to get carried away. I understand the reasoning, but I just can't execute it. --- Not setting a stop loss is truly like running naked. My friend lost everything in a month like this; there won't be a next time.
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