Contracts are a great test of people's discipline and humanity.

It is more difficult than testing people's self-control over money and beauty.

You think it has fallen to the right level and there will be no new lows. If you open a long position, it is still possible for it to fall below your forced liquidation price.

You think it has risen to the right level and you open a short position. It is still possible for it to break through your forced liquidation price.

If you make money this time, you will continue to roll over and want to make more. The forced liquidation price line will get lower and lower, and then once you encounter a slightly larger fluctuation, both the principal and the interest will be liquidated.

The big cake contract is better, especially the copycat one. Many times you don't have time to close the position, or even if you set an automatic stop loss, it will still be completely liquidated.

If you don't have ฿ in your hand, even if there is a big bull later, it has nothing to do with you.

This is the important reason why Heng repeatedly emphasizes not to have contracts $BTC $ETH