People often ask in the back end: "Da He, I followed a certain expert's operation, why did I still get liquidated?" "It clearly looked like it was going up, but as soon as I went long it dropped, and as soon as I went short it rose. Is the market targeting me?"
Today I won't talk about abstract concepts; I'll directly show you the five pitfalls that lead to new traders getting liquidated.
#合约挑战 1. Opening leverage too high
Many people start with 10x, 20x, or even 50x leverage. You think you are amplifying profits, but in fact, you are accelerating your demise.
A 5% fluctuation in Bitcoin in a day is normal—at 10x leverage, a 5% fluctuation means you're liquidated, without even a chance to turn back.
My advice: New traders should avoid contracts. If you really want to practice, start with 2-3x to get a feel for it.
#加密市场回调 2. Not setting stop-losses, holding onto positions
"Just wait a bit, it should come back"—I've heard this too many times. What happens? The longer you wait, the deeper you go, and in the end, you either get liquidated or cut losses at the lowest point.
A stop-loss is not about giving up; it's about saving your life. Think beforehand: if I'm wrong, where will I exit?
$BTC 3. Frequent trading, unable to handle the fees
Some people open a dozen trades in a day, switching back and forth. With no clear market direction, they end up confusing themselves. After a month, the money made isn't even enough to cover the fees.
Trading is not a job; you don't need to clock in every day. If you're uncertain, stay out of the market—it's not embarrassing.
4. Following the "expert" blindly
You think the expert is helping you make money, but in reality, the expert is making money off your fees and copy trading costs. They open 100 trades, and you only see the few profitable screenshots they share. You will never see the losses.
When others call trades, you buy in. In the end, it's your position that gets liquidated, not theirs.
5. Holding on against the trend, always trying to catch the bottom or top
$PIPE
"It has dropped so much, it should bounce back soon"—this is the last line before liquidation.
Trends are established, not guessed. What you think is the bottom is often just halfway down the hill. Go with the trend, and don't argue with the market.
Lastly, let me say
Contracts are not unplayable, but the premise is: you truly understand, you have discipline, and you can really accept going to zero.
If any of the above three points are not met, then don't get involved yet.
#币圈暴富 Follow Da He, no boasting, no empty promises, just sharing practical experiences that can help you survive in the industry. Brother He will guide you through the investment fog; for those who want to turn their fortunes around, let's get on board and work together!