You should first use spot trading to achieve stable profits before using leverage; otherwise, it's just gambling. The saying 'gamblers will definitely die' is not said lightly. Leverage is merely a magnifying glass for your abilities. Start with a very small amount of capital in spot trading. If you can ensure that you won't lose money in the long run, then you've already done exceptionally well in the first step. You might think this is easy, but I tell you, only experts can achieve this.
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五行相生相克
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Brothers, am I really not suited for playing contracts? I have been losing all the time and have never made a profit. I'm just a complete novice. I run away as soon as I make a little profit but hold on when I incur losses. I want to buy at the bottom but hesitate; every time I try to buy at the bottom, it ends up at the top. I'm confused. Is there anyone who can provide some guidance?
Before you fully understand, only buy spot goods, do not use leverage. Leverage is like a magnifying glass for your abilities; if you already have the ability to make money, then this magnifying glass will help you make money faster. If you are losing money on spot purchases, then using leverage will make you lose money even faster. Your current buying and selling are all based on guessing and gambling, with no data support at all; it would be strange if you didn't lose.
Just opened a short position, likely to drop further
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爆仓战神
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Anyone who calls for short selling at this time is either stupid or bad. The short sellers have already made a lot of money and started to reduce their positions. Even if there is no rebound at this position, the decline will not be large. There is a high probability that it will fluctuate. The cost-effectiveness of going all-in for short selling is extremely low.
The ultimate outcome of playing with contracts is a dead end, remember my words.
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Weipang
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A commemoration of the first time for a novice to try the water, follow the master to get meat 😍😍😍There are still good people in the cryptocurrency circle