Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
#数字资产市场动态 Perpetual contracts, are they an elevator rapidly pushing you off a cliff, or a purgatory forging traders?
$8000U, half evaporates in 15 minutes.
That was my first time dealing with perpetuals, the dream of "betting big to become a millionaire" shattered on the candlestick chart. The market gave me my first lesson in the cruelest way: if you want to survive here, you must first learn to revere it.
Only after losing do you understand.
Perpetuals are not roulette; they are an X-ray machine that exposes human nature. What you see in the candlestick chart is your entire desire, fear, and luck-driven psychology.
I've seen too many hunters fall:
· Winning a couple of times, then becoming arrogant, thinking they are the chosen ones, going all-in, only to have their accounts wiped out within a week.
· Refusing to admit losses, stubbornly holding positions until liquidation, from confident to mentally broken in just a few days.
Those who survive and can still tell the story are top-tier "scene hunters."
Observe them: they spend 70% of their time in hibernation, like beasts lurking in the dark, regardless of how the market dances, they stay still. Only when a clear trend forms and signals are obvious do they bite into the meat and go all-in.
That time I caught the main upward wave of $SOL using the BOLL indicator—this is the logic—wait patiently during narrow oscillations, enter decisively on volume breakout, layer in positions, preset stop-loss levels, and when the trend is favorable, ride the entire wave. If something feels off, exit immediately. Three weeks later, the account multiplied by 30, with no luck involved—just discipline.
Now I deal with perpetuals by sticking to three iron rules:
1️⃣ Cap single-loss at 2%, stop-loss is the line between life and death.
2️⃣ No more than two trades per day to prevent emotional hijacking.
3️⃣ Double your floating profit and take half to secure the principal; first ensure you don’t blow up, then chase the dream of explosive gains.
The truth about perpetual contracts: they won’t make you rich overnight; they force you to learn to stay calm. Many people disappear from the market, not because of poor skills, but because they lose to their greed and hesitation.
If you’re still being driven by the market, remember this: to make big money from perpetuals, first aim to avoid liquidation. Only those who survive have the confidence to talk about dreams.