#ETH $ETH I once used my only 1000U to earn 100,000U in 3 months through contract rollover. Today, I won't talk about "getting rich quickly," but rather how to survive in this high-risk field and take away profits.
1. The core logic of rolling over 100 times in 3 months. I initially tried with $300, opening only $10 100x contracts each time. The charm of 100x leverage lies in the fact that when the direction is correct, earning 1% is equivalent to doubling the principal. 2. Five Life-Saving Rules Before opening an order, it must be silently recited; violating it once will result in a suspension of trading. 1. Cut losses immediately when wrong, never hold a position: The biggest taboo in contract trading is the "gambling mentality." My two early liquidations were both because I "thought it would rebound" and stubbornly held on. Later, I established a strict rule: when it reaches the stop-loss level, no matter how reluctant I am, I will close the position immediately, even if the market reverses afterwards, I won’t regret it. Remember, in contract trading, surviving is 100 times more important than "proving yourself right." 2. Stop immediately after making 20 consecutive mistakes, and do not touch contracts that day: There are times when the market is simply "unreasonable." Continuous losses can cause a mental breakdown, and the more you operate, the more mistakes you make. I set up a "circuit breaker mechanism": if I make 20 consecutive mistakes in one day, I immediately close the software, no matter how enticing the opportunities are that day. After a calm night, looking at it again often helps avoid greater risks. 3. To earn 5000 USD, you must withdraw, never get carried away: The greed during profit is more lethal than the panic during loss. I set a rule: when the account profit reaches 5000 USD, at least half of the profit must be withdrawn. Last year during the unilateral trend of Ethereum, I started with 500 USD and rolled it to 500,000 in 3 days, withdrawing 200,000 along the way, which allowed me to preserve most of my profit during the subsequent pullback, unlike others who went back to square one like a "roller coaster." 4. Only follow one-way trends, play dead during consolidation: The core of making money in contracts is "borrowing momentum"; during a volatile market, 100x leverage is like a death sentence. 5. A single position should never exceed 10% of the principal: no matter how certain the opportunity is, you should not go all in. With a light position, even if there are large fluctuations, you won't lose your composure, allowing you to confidently wait for the trend to develop. Even if you get it right 9 times with a full position, it won't matter; one wrong move could wipe you out. On the road of encryption, there are many lost souls, the fishing song only carries the upright, those who have the courage!
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#ETH $ETH I once used my only 1000U to earn 100,000U in 3 months through contract rollover. Today, I won't talk about "getting rich quickly," but rather how to survive in this high-risk field and take away profits.
1. The core logic of rolling over 100 times in 3 months.
I initially tried with $300, opening only $10 100x contracts each time. The charm of 100x leverage lies in the fact that when the direction is correct, earning 1% is equivalent to doubling the principal.
2. Five Life-Saving Rules
Before opening an order, it must be silently recited; violating it once will result in a suspension of trading.
1. Cut losses immediately when wrong, never hold a position: The biggest taboo in contract trading is the "gambling mentality." My two early liquidations were both because I "thought it would rebound" and stubbornly held on. Later, I established a strict rule: when it reaches the stop-loss level, no matter how reluctant I am, I will close the position immediately, even if the market reverses afterwards, I won’t regret it. Remember, in contract trading, surviving is 100 times more important than "proving yourself right."
2. Stop immediately after making 20 consecutive mistakes, and do not touch contracts that day: There are times when the market is simply "unreasonable." Continuous losses can cause a mental breakdown, and the more you operate, the more mistakes you make. I set up a "circuit breaker mechanism": if I make 20 consecutive mistakes in one day, I immediately close the software, no matter how enticing the opportunities are that day. After a calm night, looking at it again often helps avoid greater risks.
3. To earn 5000 USD, you must withdraw, never get carried away: The greed during profit is more lethal than the panic during loss. I set a rule: when the account profit reaches 5000 USD, at least half of the profit must be withdrawn. Last year during the unilateral trend of Ethereum, I started with 500 USD and rolled it to 500,000 in 3 days, withdrawing 200,000 along the way, which allowed me to preserve most of my profit during the subsequent pullback, unlike others who went back to square one like a "roller coaster."
4. Only follow one-way trends, play dead during consolidation: The core of making money in contracts is "borrowing momentum"; during a volatile market, 100x leverage is like a death sentence.
5. A single position should never exceed 10% of the principal: no matter how certain the opportunity is, you should not go all in. With a light position, even if there are large fluctuations, you won't lose your composure, allowing you to confidently wait for the trend to develop. Even if you get it right 9 times with a full position, it won't matter; one wrong move could wipe you out.
On the road of encryption, there are many lost souls, the fishing song only carries the upright, those who have the courage!