Lessons learned from contract trading:
1. The exchange plays with you using clear bots,
2. The founder is under investigation and being sued, which does not affect the virtual market's crash; the above are external reasons.
3. Firmly control your position; all high positions and high leverage lead to a dead end. Very few people who flaunt their profit rates on social media will share their complete positions, margin, and profit amounts. Earning a few bucks with 125 times leverage is something the bots don't care about.
4. Be sure to set take profit and stop loss; do not be greedy. After a few tries, you will feel that the candlestick chart is designed to make you cut your losses.
5. Trust your judgment and be decisive; once you decide, act immediately.
6. Relax and believe that humans cannot outsmart machines. You cannot monitor the market 24 hours a day; often, crashes and liquidations happen at midnight. Believe that you cannot outplay the clear operators and maintain a mindset of starting from zero.
7. Small bets are enjoyable; big bets are harmful. Never use assets that affect your life to trade contracts or use leverage; treat contracts like a lottery instead.
Recently, I plan to ambush a potential coin that is about to surge; doubling is quite easy. At the same time, I am also looking for some potential coins to hold until the end of the year, with an expected potential of over 10 times being quite feasible. If you want to follow my updates, leave a message, follow, and like, gold. skirt.