Almost everyone new to derivatives has the same dream: "If I get this trade right, I can turn things around completely."

But the reality is: derivatives might be the fastest way to make money in the crypto world, but they are also the most brutal trap for losing everything, leaving almost no room for buffer.

You might think you're trading calmly, but in fact, you're racing against leverage. Leverage doesn't just amplify gains—it also magnifies your greed, panic, and hesitation infinitely, turning minor market fluctuations into deadly blows that can wipe out your account.

Newcomers often stumble into three deadly pitfalls in derivatives trading:

First, maxing out leverage, so that a slight market reversal can trigger instant liquidation, leaving no time to react. Second, holding on stubbornly after losses, emotionally betting on rebounds, which only deepens the trap until it becomes uncontrollable. Third, going all-in on a single trade, hoping to turn the tide with one big win.

To be blunt: trading derivatives without stop-losses is essentially gambling.

The market never cares about you. It will always find your most feared price levels, and the sudden surges in certain coins are the same. What you see as a once-in-a-lifetime opportunity might just be the main players setting a trap—waiting for retail investors to rush in, then they exit perfectly.

Those who truly survive in derivatives are not the ones with the strongest market prediction skills, but those who know how to control themselves. Low leverage, small positions, cutting losses when wrong—sounds conservative, but in reality, this is the hardest survival rule.

The first lesson of derivatives trading is not how to make quick money, but how not to be "harvested" by the market. If you can't even protect your principal now, derivatives will only accelerate your exit. Learn to survive first, then think about making money.