I've seen too many people get wrecked on contracts. Those traders who follow the trend to hedge whenever they see others making money—every time @River@ hits a new high, they passionately short the market. And what’s the result? Without exception, they all get liquidated.
This is not an isolated case. Many lack sufficient capital reserves and deep market understanding, yet they rashly try to hedge like others do. The result is always chasing highs and selling lows. Leverage in contracts is a double-edged sword; without enough principal and mature strategies, the risk amplifier becomes a risk express train.
My advice is simple: if you don’t have enough ammunition and a clear hedging strategy, don’t force it. The crypto market is always full of opportunities, but also full of traps. Small-scale testing is okay, but never go all-in just because you see others making money.
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I've seen too many people get wrecked on contracts. Those traders who follow the trend to hedge whenever they see others making money—every time @River@ hits a new high, they passionately short the market. And what’s the result? Without exception, they all get liquidated.
This is not an isolated case. Many lack sufficient capital reserves and deep market understanding, yet they rashly try to hedge like others do. The result is always chasing highs and selling lows. Leverage in contracts is a double-edged sword; without enough principal and mature strategies, the risk amplifier becomes a risk express train.
My advice is simple: if you don’t have enough ammunition and a clear hedging strategy, don’t force it. The crypto market is always full of opportunities, but also full of traps. Small-scale testing is okay, but never go all-in just because you see others making money.