I'm under a lot of pressure, really. I just chatted with a friend and sent a picture, ETH, got stuck with a 20% loss. I unexpectedly lost over 100,000 USDT. I was stunned. It's not that I haven't seen so much money before. It's because I also went bankrupt like this at one point. A few times, and you can lose everything.
Really, friends, when trading contracts, don’t bet your life on it. When your large funds are stuck, and you ask me for advice, I feel a lot of pressure too. Because the crypto world is inherently unpredictable. Although from the current perspective BTC is surging, consolidating, and the bullish momentum is weakening, no one can predict when it will drop and by how much.
What we call actively buying into a position is because your initial positions are small, and you are trading contracts with small funds. Even if you really misjudge the direction, if it’s truly beyond recovery, going bankrupt will only affect you for a year of not buying clothes, right? You won't be without money for tomorrow's meals, will you?
Contracts are originally about using small funds to leverage big positions, with strict opening ratios. Regardless of whether you are certain of a rise or fall, do not change your opening ratio. The gambling nature is amplified. You will definitely encounter market conditions that you cannot control. You can only rely on position management to make reasonable adjustments.
I saw in the plaza, BTC, shorting at 50,000 USD, those who didn't get liquidated. I've also seen people shorting at 76,500 USDT who got liquidated immediately. Unless you say you don't care about life and death, then I respect you.
In the crypto world, risk is always the first priority, and capital is always the first priority. Making money is only the second.
Really don’t gamble, I have personally experienced being stuck many times, sleepless nights. That kind of despair, that kind of helplessness, only those who have truly experienced it understand.
But people often forget, this time when you get unstuck, if you don't change your opening method or improve your market observation and logic, next time you will still be in a dire situation.
In this market, no one is a god, mistakes will always happen. It's just about how you resolve being stuck after making a mistake. Some use time, some use absolute USDT, if you have less USDT, then learn from me, they say I’m the 20 USDT warrior. After many years in the crypto world, I don't seek to get rich quickly. A couple of months ago, I saw what you call big shots, teachers teaching skills, just went bankrupt for over 10 million. Is the technology bad? No, the greed is too big. Just come to the crypto world to make some meal money, earning a bit of living expenses is enough.