Fingers dance on the tip of the knife; only the disciplined live the longest.

These eight years of navigating the crypto world have seen many ups and downs of contract traders. Some start with small funds and gradually build a considerable fortune; but many more, even after investing large sums, ultimately cannot escape the curse of liquidation and zeroing out.

Same market conditions, same tools—why do some make money while others lose? In the end, it all comes down to two words—discipline.

**How deep is the temptation of high leverage**

The most dangerous aspect of contract trading lies in those leverage multiples. Traditional finance considers 2-5x quite good, but cryptocurrency exchanges freely offer 50x, 125x.

Sounds crazy, right? The reality is just as wild. With $100, you can control a position of $1,000, and a 1% price move doubles your account; otherwise, it’s an instant liquidation.

Everyone remembers what happened at the beginning of this year—Bitcoin dropped from $65,000 to below $58,000 in a week, and the global crypto market experienced over $3 billion in liquidations in just one week. This is not an exception; over the past five years, the "312 crash"