Playing with altcoin contracts is like dancing in a minefield. Watching others make ten times their investment overnight while I dive in and lose half. After blowing up a few accounts, I set three absolute rules for myself that I must not break. $ICNT
My "Three Military Regulations of Altcoin Contracts":
1. Only do "right-side breakthroughs" and never "catch the falling knife": I will never catch a falling knife in a downtrend of altcoins. I must wait until it breaks through a key resistance level with volume (such as the MA60 on the daily chart), confirming that funds are starting to pay attention, before I enter. Although the cost is higher, the probability of survival is much greater.
2. Position limit rule: No altcoin contract position should exceed 2% of total margin. Don't underestimate that amount; due to the massive volatility of altcoins, a 2% position is enough to give you a thrill while ensuring that even if it goes to zero, you won't suffer significant losses.
3. "Three-Day Rule": I will never linger on one altcoin. Regardless of profit or loss, I will hold a position for a maximum of 3 days. If it doesn't trigger within 3 days, it means I've made a wrong judgment or the timing isn't right, so I will decisively exit. This effectively prevents you from turning from a "short-term trader" into a "long-term shareholder" and getting deeply trapped in losses.
With this method, I'm not making a tenfold profit from start to finish, but rather from the most lucrative and certain part of its trend. Although I might miss some get-rich-quick stories, I've perfectly avoided all zero-trap pitfalls.


