In the cryptocurrency world, there are always people shouting that contracts are difficult. In fact, the difficult part is not the candlestick charts, but the inability to maintain composure and the stubborn hope of luck.

I've been in the contract market for 8 years, relying not on any profound strategies, but on sticking to a few simple rules to survive until now.

Stop-loss is the bottom line, not losing face.

On the night of December 8, when BTC plummeted over 6000 dollars in a short time, three friends around me didn't set stop-losses and directly faced liquidation, while I had set a stop-loss line at 92000 in advance, only incurring a small loss of 3 points.

It is most dangerous to try to recover losses after two consecutive stop-losses; at this point, I must shut down the software for review, and after stabilizing my emotions, I will open a position again.

As long as the principal is there, I’m not afraid of a lack of market trends. It’s much better than being swept into a 1.7 billion dollar liquidation tide by following the crowd.

Position size is a matter of life and death; never go all in.

Beginners always love to go full position on contracts, fantasizing that ETH will double with one upward swing, only to often end up being liquidated by a spike.

I have never exceeded a single position of 10%, even when SOL jumped from 180 to 260 last month, I didn't increase my position. It may be slow, but I won't be wiped out by market fluctuations like high-leverage players.

Going with the trend is always better than trying to catch the bottom.

Follow the MA60 moving average; move only when the trend is clear, like the recent rebound trend of BTC stabilizing at 90000. Even if I didn’t catch the highest point, there are still stable returns.

Trying to catch the bottom against the trend is like catching flying knives. Those who stubbornly held DOT, which fell 32% this month, were long gone with the waterfall.

Before placing an order, calculate the risk-reward ratio; directly pass on orders with a ratio below 2:1.

For example, for last night's long position on SOL, I calculated a take profit at 255 and a stop loss at 242, with a perfect risk-reward ratio of 3:1 before entering the market.

Better to miss out than to make random moves. The market liquidity is low now, and the transaction fees and slippage have already eroded small profits. The CFTC has just allowed cryptocurrency assets as collateral, so compliance trends must also be stable.

Fewer operations and more market observation; calmness is more valuable than diligence.

I check the market three times a day: at 9 AM, 3 PM, and 8 PM. I absolutely don’t touch it without clear MACD golden cross or dead cross signals. Frequent operations will only lead to being charged fees by the market makers.

Withdraw profits in a timely manner. Last week, I withdrew half of the 200,000 USDT I made to a cold wallet, and I treated the remaining as "play money." Now the fear index is only 22; only by maintaining a stable mindset like an old dog can I withstand the volatility.

Contract trading is not about computing power, but the endurance to survive.

With discipline maintained and mindset leveled, one can endure the bull and bear markets in the cryptocurrency world until it’s time to feast.