Can contracts really not be played?
Futures contracts in the crypto world are basically equivalent to a casino. For most people, playing contracts is just giving away money, with various cases of total ruin reported. Generally, those with such thoughts have experienced losses; if you play well, it's like robbing a bank. In fact, contracts are a very good tool.
The main criticism of contracts is the risk of liquidation, which solely depends on the individual. There is a secret to a high risk-reward ratio: only invest a small portion of the total capital in contracts, and further divide the contract capital into five parts for operation, always setting a stop-loss on every trade.
By placing stop-losses within a high risk-reward ratio range, you can avoid liquidation to zero.
Most people trade without a trading system; for example, when a reverse market occurs, there is no stop-loss mechanism in place. Instead, they fantasize that a reversal will happen immediately, thinking 'if it doesn't liquidate you, who will it liquidate?'
As a tool, contracts themselves are neither good nor bad; it depends on the user. Learning how to control position sizes can make you a qualified user.
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