Newcomers to the cryptocurrency world, pay attention! Instead of rushing to make your first pot of gold, you should first learn one thing—stay alive.
Many newcomers stumble, not because they don't understand operations, but because they haven't grasped the underlying logic of 'capital first'.
Regarding contract operations, here's a core suggestion for newcomers: start practicing with perpetual contracts, and temporarily set aside futures contracts.
Newcomers lack control over market rhythms; first, familiarize yourself with the rules and fluctuations of perpetual contracts before advancing to more stable strategies.
Don't be greedy for high leverage; 5x leverage is sufficient to handle most market conditions.
Don't think that 10x will earn you faster; remember, with 10x leverage, if the market pulls back slightly, your account could be halved, and newcomers can't withstand such fluctuations.
Stop-loss is a 'lifesaver' for newcomers and must be strictly adhered to: the loss on a single trade must be controlled within 5%-10% of the capital.
Once the floating loss exceeds 10%, don't hesitate to cut losses decisively; preserving capital should always be the top priority—if you have the green mountains, you will have firewood to burn.
Don't go against the trading rhythm: don't forcefully bottom-fish during a decline, and don't blindly chase highs after a rally; following the trend is the correct way to make money.
Build positions in batches; after making a profit, take a portion first to turn floating profits into realized gains, and don't wait until the market pulls back to regret.
There are three pitfalls that newcomers must avoid: first, manipulated coins, which can easily lead to being harvested;
second, extremely high leverage, where the risks far exceed the rewards;
third, going all-in at once, as a single mistake could wipe you out.
Finally, remember this saying: as long as the capital is there, opportunities will always exist;
only those who can stay at the market table for the long term have the right to earn money.
In the past, I was stumbling alone in the dark; now the light is in my hands.
The light is always on, will you follow? @交易员 K总
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