Many brothers ask me: “Can contracts really be touched?”

Today, I won’t talk about grand principles, just share the truth after being pressed down by the market myself.

When I first entered the circle, I was naive:

I thought contracts were a fast pass mode, doubling by getting the direction right, recovering by flipping when wrong, and that a few clicks could make you rich overnight.

What was the result?

I’ve never seen wealth, but I’ve seen significant losses several times.

Later, I realized: contracts are not gambling; they are a weapon.

Used well, they can let you feast; used poorly, they can send you out directly.

1. What exactly are contracts?

In one sentence: you are not buying coins, you are buying direction.

Go long when bullish, go short when bearish; what you earn is not from holding positions, but from volatility.

It sounds simple, but the real difficulty is—you have to be steady.

2. Perpetual vs. Delivery

Beginners should only use perpetual:

Perpetual Contracts: No expiration date, easy to operate, easy to understand, good for survival.

Delivery Contracts: Need to pay attention to time, calculate rhythm, understand logic; for beginners to play delivery? It’s not just self-torment; it’s courting death.

3. Leverage, Forced Liquidation, Stop Loss

Leverage: A magnifying glass. The higher the multiple, the more deadly the volatility. It’s reasonable to start at 3–5 times for stability.

Forced Liquidation: The system sees you’re about to run out and kicks you out directly. If the lever is pulled too high, a sneeze in the market, and you’re done.

Stop Loss: The last retreat for yourself. It’s not embarrassing; it’s self-rescue.

4. What’s truly powerful is not the technology, but risk control.

Those who survive to the end are always those who know “how much I can lose at most” before they open a position.

Beginners must remember this:

Don’t gamble your living money.

Single losses should not exceed 3% of total funds.

Prioritize BTC, ETH — clean trends, no erratic spikes.

Avoid the chaotic hours in the early morning; the market can be so chaotic that it can send you back home directly.

The harshest and truest words:

Contracts are not here to make you rich; they expose human nature.

If your mind is unstable and your hands are quick, it can revert you back to your original state in a second.

Operational advice:

Beginners: Practice the basics first with a simulated account.

If you’ve already lost: Stop, calm down, and reorganize the rules.

$BEAT

The market is always there, but once the capital is gone, it’s truly gone. #美联储降息 @财经华哥