I’ve been playing contracts for more than 2 months and I’m almost emo! At the end of July, I originally wanted to apply for a virtual visa card, but accidentally entered the exchange and discovered virtual currency. So with the mentality of giving it a try, I recharged some money and started playing with the contract! I opened a few orders in a daze and actually made some money! Ever since, we have embarked on the road of contract!

At the beginning, I played all-in for one coin, with 10 times, 20 times, and 50 times leverage. The principal was less than a few hundred dollars. I worked it to more than 2,000 dollars in a few days. I didn’t understand anything. I only knew that when it went up, I bought it when it went up and when it fell. It’s time to buy down! If you make a profit, settle, if you lose a little, run!

Later, I lost more than 2,000 dollars in more than a week! So, I started learning and learned about stop loss and callback. I also used TradingView, various indicators, and learned K-line pattern analysis and trading volume. Just like this, I flushed the money and came back again, only to find that I still lost money and didn’t make much profit! So, I read various information on the Internet, focusing on funding rates, liquidation data, liquidation charts, long-short ratios, on-chain data, news, and facts!

Nowadays, I play various currencies, with small positions, from 200-800u per order at the beginning to 100u per order now. I am getting less and less courageous, the positions are getting smaller and smaller, and the leverage is getting smaller and smaller. Still losing money, losing money. After finishing the recharge, I realized that I lost a lot of money! Up to now, I have recharged tens of thousands of RMB and lost money, but I have never withdrawn cash!

Now I once wondered whether I was too unlucky? Or will the contract eventually make money? Can the contract be touched? Does it really mean that making money from a contract is the process, and liquidation is the result? Old coin friends, please give me some guidance! Thanks!