Before I started playing with contracts, I believed, like most people, that more than 99.99% of people would not be able to make a profit through contracts, and those who could make a profit relied on luck. This is indeed the case. The vast majority of people who play with contracts end up with their positions liquidated and the profits are only temporary, and they will eventually be liquidated. So I never touched contracts before I started playing.
The rate will be very high. This is the daily chart of Bitcoin. You can see that the big negative line on 2021/5/19 directly hit the 30,000 US dollar integer mark from 43,600 US dollars. At the same time, this is also the key support position in the early stage. With a drop of more than 30%, there are almost no surviving bulls in the market. The huge sharp drop in the big negative line hits the important large-scale structure that is far away. This is a good position. If you can receive an order near this, the profit within 30 minutes can reach more than 10%. If you use a high-multiplier strategy, the position can be doubled several times in a short time.
Key areas can be resistance or support positions. Resistance or support is a general term, such as structural positions, supply and demand areas, Fibonacci retracement lines, trend lines, previous highs and lows, etc. There are a lot of funds making orders based on these positions. There are a lot of buy orders and active buy orders, as well as short-term profit-taking orders, which can have a significant stop effect on prices. The larger the time period of these key areas, the greater the short-term price fluctuations. When the sharp rise and fall of the K-line hits here, the possibility of an instant rebound is high.
The stop loss of a single target can be set to about 2%, that is, the loss of 40 US dollars will stop loss, which is equivalent to a daily loss of no more than 400 US dollars. Of course, some people are used to the clean way of stopping loss when the position is liquidated, so it is necessary to set the opening mode to position by position. Similarly, the position loss in one day cannot exceed 400 US dollars. The stop profit can be taken in batches or directly at the expected price. If the technical analysis strategy has a high degree of certainty, this method can often capture a large profit margin, and the emotional impact of small funds on traders will not be so obvious. Another important point is that you must withdraw cash frequently and do not accumulate too much funds in your account. Deposit the money you earn in the bank, especially when the account has made huge profits or accumulated a considerable amount, otherwise everything will be in vain. Remember that this behavior is very important!
The core and secret of BitKing trading are basically the same. Find the points with high profit-loss ratio and high certainty, and do it vigorously: The smaller the funds, the more you should use small funds to gamble with high leverage. Don't feel bad if you lose. If you do it right once, you can directly earn more than ten times, and even a hundred times in a bull market! The larger the funds, the more you should reduce the leverage and wait patiently for the big market. When the opportunity comes, dare to operate with heavy positions!
After my friend joined this circle for half a year, he made more than 20,000 yuan by speculating in B. His uncle knew about it and insisted on investing. In the second half of 2022, the contract fell sharply and the position was liquidated 125 times. His uncle lost 6.5 million yuan in the B circle. After the liquidation, his uncle's wife ran away, the house was gone, and the child cried and shouted for his mother every day. His uncle's hair turned completely white in a month. He was so worried that he smoked 15 packs of cigarettes (the kind that cost 5 yuan) a day... Now my friend's mother has also sold the house to repay his uncle, and still owes 3 million yuan. Both families are ruined! From the previous wealthy family, he returned to 20 years ago in an instant... His money was earned by the people who won money in this circle!
After playing with contracts for a few times, you will get tired of it. It is not worth it to make yourself nervous for a few hundred or a few thousand dollars. It is almost the same as gambling. If you control the position multiples, it is actually better than gambling. Later, I still think airdrops are fun, with high certainty, high returns, and not tiring. You can also get in touch with many things in the circle, which is much better than contract gambling.