$BTC I have also put it on, and I have put it on for you! Don't panic, can't Brother Hei see that this 15-minute K is in a downward trend? Don't think that drawing lines is useless, go pull the parallel channel and see for yourself why I want to go long~ As long as you follow the multiple positions that Brother Hei has, if you can hold on and endure the loneliness, there is a 90% probability that it will come back.~ Of course, there is also a 10% probability of loss! After all, I am not an eternally profitable teacher, right?
Doing perpetual contracts for Bitcoin relies on controlling positions and mindset for compound interest, not gambling! The market is always right, only you will make mistakes; the biggest mistake is being easily swayed. Don’t always think you are wrong just because of fluctuations of a few hundred or a thousand dollars, and don't always set your trades to such extremes without leaving yourself a backup! After 8 years in the crypto space, I have never seen anyone who heavily bets being able to survive in this circle for long, nor have I seen anyone who heavily bets being able to retain that wealth!
Making money is not easy now, and holding onto that wealth is even harder! If you really want to survive in this circle for a long time, then you need to study the movement rules of Bitcoin carefully and manage your positions well! It is well-known that the risk of contracts does not depend on the multiple but on the control of the position! In the circle, there are about 3 extreme black swan events per year, so you must prioritize the incremental position model, and never let yourself be wiped out at once!
Regarding mindset, here’s a suggestion for you: for Bitcoin, the maximum leverage should be ten times, and each time the maximum position should not exceed 20% of your capital. Each order must be opened incrementally; with this approach, you won't constantly doubt your direction. Looking at the current Bitcoin market, as long as you understand box trading or channel trading, you will not face liquidation or keep cutting yourself! Also, don't play with event contracts; that stuff is too risky, and I lost money too. 😓
In summary: Treat the crypto space as an investment, and it's best to prepare mentally for a 10-20 year investment horizon. Just let your assets appreciate, and don’t always crave to get rich overnight; you can’t expect to become fat in one bite. Investing is about steady growth, not windfall! Keep it up, brothers!
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