Do you really understand ETH contracts?

For most people, this thing is like a double-edged sword - it can help you turn your life around, but it can also make you evaporate in place. The most common mistake beginners make is trying to replicate others' wealth right from the start.

When I first entered, I thought the same: "If he can do it, so can I. Why can't I double my money overnight?"

What’s the result? 4000 bucks in principal, going all in, holding the position, entering again after a liquidation, and getting liquidated again after entering. Every time I feel like "just a little bit more", every time I think "next time I’ll definitely break even".

In an endless cycle, sinking deeper and deeper.

Later I realized: it wasn't that the market didn't give opportunities, but that at that time, I simply didn't deserve to achieve the results. Just being able to come out alive was already luck.

The real turning point was when I stopped to review every trade. In that moment, I suddenly realized: liquidation is never accidental, it is inevitable.

No logic, no system, no discipline; saying "control risks" is just running naked in reality.

Contracts are essentially not gambling; they are a game of offense and defense. What you should fear the most is not the market going against you, but rather panicking yourself first.

After that, I started to delve into the Bollinger Bands (BOLL), not just drawing lines to observe the tracks, but to understand its structure - what does a contraction mean? What does an expansion represent? How to identify false breakouts? How to judge a pullback confirmation?

The first time I got a 30x return using it, I wasn't excited; I just calmly thought, "So that's how it is."

But tools are just tools. An unstable mindset and chaotic positions won't be saved by even the best methods.

So ask yourself a few questions:
Did you place the order because there is logic behind it, or because you have an itch to trade?
Are you executing a strategy or betting on the direction?
Not setting a stop-loss, are you trying to make money or are you looking to experience the thrill of liquidation?

Many people refuse to give up, but in reality, they leave their fate to random fluctuations.

Now my trading frequency has decreased significantly, but each trade has a clear logic, defined risk boundaries, and a complete plan for entering and exiting. This is the fundamental aspect of surviving and gradually growing.

Don't fantasize about getting rich overnight. The crypto world is never short of legends; what it lacks are people who can survive steadily and continue to evolve.

The abyss has always been there, and the light is right here. Whether to come ashore or not, it's your choice.