The moment you open the contract interface, many people have the same thought:
"If I get this trade right, I can turn things around."
I know someone who lost big, eventually putting all their chips into contracts. As a result, they couldn't hold on for even a week, and their account was wiped out completely.
Now I have to tell you some harsh truths—
Contracts are the fastest way to make money in the crypto world, but they are also the cruelest trap for losing money. They leave no room for you to breathe.
You think you're calmly analyzing the market, but you're actually playing with fire using leverage. Leverage doesn't just amplify your profits; it also multiplies your greed and fear. Even a tiny market fluctuation, under high leverage, can wipe out your entire position.
Newbies crashing in contracts usually fall into these three traps:
First, maxing out leverage. Slight market reversals lead to forced liquidation, leaving no room for negotiation.
Second, refusing to cut losses and stubbornly holding on. The more you get trapped, the less willing you are to admit defeat, sinking deeper and deeper.
Third, going all-in on a single trade. Betting everything on one counter-trend move—win, and you boast for a lifetime; lose, and your account disappears in an instant.
To be blunt, a contract without stop-losses is gambling.
The market won't show mercy; it will precisely hit you where you're most afraid. That sudden surge you see? To big players, it's just a ready liquidity pool and a target for harvesting. When you rush in, you become the bagholder for others to unload.
Those who truly survive in the contract market are never the geniuses who can predict the market best. They are the ones who understand self-control the most.
Low leverage, small positions, and cutting losses immediately when wrong. Sounds a bit cowardly? But this is the only way to survive in this market.
What is the essence of contracts? Not a lifeline to turn things around, but a tool to amplify your existing advantages. If you can't even protect your principal, it will only accelerate your elimination.
Don't rush to make money. First, learn how to survive in the market without dying. That is the first lesson of contracts. Those who can truly survive and profit amid volatility are always those who dare to control themselves.
Are you ready?
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CrossChainMessenger
· 15h ago
Damn, this article really hit me in the heart. My buddy is the same way. A month ago, he was still bragging in the group about multiplying his investment tenfold, and now his account is gone.
Stop talking, I am now that fool who stubbornly refuses to cut losses. The more I lose, the more I hold on stubbornly. Now I am numb.
You're right, leverage is a double-edged sword. You can make money quickly, but you can also lose money just as fast. I am now firmly avoiding high leverage.
Low leverage and small positions may seem timid, but staying alive is the real key. This is the truth I’ve realized over the past six months.
I agree with your point. Contracts never save people; only self-rescue works. Discipline is the only password to survive.
I’ve been liquidated a few times already. Now I understand what stop-loss means. Every time I see a reverse fluctuation, I run immediately. Although I make less, I don’t get liquidated.
This part hits the hardest — in the eyes of big players, you’re just a leek waiting to be harvested. So realistic.
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MEVSandwichMaker
· 12-26 22:51
That's so true. The guy around me just went all-in on one trade and then got liquidated immediately. He's still borrowing money to pay off debts.
Contracts are definitely not a tool for turning things around. Low leverage and small positions are the way to stay alive. Greedy players have long been eliminated.
Reading this article, I recall the days when I chased high leverage. I was really playing with fire without knowing it.
No stop-loss is gambling. This phrase hits hard. Many people suffer huge losses this way.
Self-control is the key, but the problem is that most people enter the market just to turn things around quickly and refuse to listen.
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NftDeepBreather
· 12-26 22:50
Honest words are hard to hear... I also know people around me who have directly liquidated their contracts in a all-in bet, and now they haven't dared to touch it again.
The part about not wanting to admit defeat really hit home. The more you lose, the more you stubbornly fight back, and in the end, you even lose your principal.
To put it simply, you need discipline. Using low leverage and small positions may sound boring, but staying alive is more important than making quick money.
Now I only experiment with small positions. If I can't afford to lose once, I don't do it. It feels much more reassuring.
Contracts are just amplifiers; they amplify gains but also amplify your greed and fear. Once you understand this, you'll win.
Those who make money are never the smartest; they are the ones who can control themselves best.
This article is intense. I must share it with my friends who still want to go all-in and turn things around.
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YieldWhisperer
· 12-26 22:28
This guy really hits home... The people I know also put all their savings in, and it was wiped out within a week. They're still pretending nothing happened in the group.
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NotFinancialAdviser
· 12-26 22:27
Wake up, low leverage and small positions are really boring, but they do last the longest.
Honestly, only after being liquidated do you realize that greed is hopeless.
The feeling of going all-in and losing everything... that's called despair.
Controlling yourself is a thousand times harder than predicting the market.
To be honest, living is more important than making money.
Stop dreaming. Contracts won't save your account.
The moment you open the contract interface, many people have the same thought:
"If I get this trade right, I can turn things around."
I know someone who lost big, eventually putting all their chips into contracts. As a result, they couldn't hold on for even a week, and their account was wiped out completely.
Now I have to tell you some harsh truths—
Contracts are the fastest way to make money in the crypto world, but they are also the cruelest trap for losing money. They leave no room for you to breathe.
You think you're calmly analyzing the market, but you're actually playing with fire using leverage. Leverage doesn't just amplify your profits; it also multiplies your greed and fear. Even a tiny market fluctuation, under high leverage, can wipe out your entire position.
Newbies crashing in contracts usually fall into these three traps:
First, maxing out leverage. Slight market reversals lead to forced liquidation, leaving no room for negotiation.
Second, refusing to cut losses and stubbornly holding on. The more you get trapped, the less willing you are to admit defeat, sinking deeper and deeper.
Third, going all-in on a single trade. Betting everything on one counter-trend move—win, and you boast for a lifetime; lose, and your account disappears in an instant.
To be blunt, a contract without stop-losses is gambling.
The market won't show mercy; it will precisely hit you where you're most afraid. That sudden surge you see? To big players, it's just a ready liquidity pool and a target for harvesting. When you rush in, you become the bagholder for others to unload.
Those who truly survive in the contract market are never the geniuses who can predict the market best. They are the ones who understand self-control the most.
Low leverage, small positions, and cutting losses immediately when wrong. Sounds a bit cowardly? But this is the only way to survive in this market.
What is the essence of contracts? Not a lifeline to turn things around, but a tool to amplify your existing advantages. If you can't even protect your principal, it will only accelerate your elimination.
Don't rush to make money. First, learn how to survive in the market without dying. That is the first lesson of contracts. Those who can truly survive and profit amid volatility are always those who dare to control themselves.
Are you ready?