Looking at this transaction history, I really don't want to throw more money into it. I've truly lost 33,000 U, and just the fees are burning over 1,000 U a day! If I keep doing margin replenishment, isn't that just filling a bottomless pit? Getting liquidated might be a kind of relief, because PIPPIN has already messed up my schedule these past few days.
Decided to take a break for a while. I won't touch meme and futures contracts anymore. Thinking back to when I was trading spot, I steadily made 6000U, but in just a few days with futures, I lost 50000U! A bloody lesson is right there—moving forward, I will honestly trade spot and dollar-cost average into BTC, which is the right path.
I will withdraw first, everyone take care. Hope to meet you in the square again after a while 😄
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TokenomicsTinfoilHat
· 8h ago
Contracts really are ruthless, this guy's experience makes my heart ache.
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33,000 USDT gone and still adding more, isn’t this a typical case of “the deeper you fall, the harder it is to get out”? You need to learn to cut your losses.
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Spot made an easy 6,000, but lost 50,000 on contracts in a week—the contrast is just numbing.
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Alright, taking a break is a good idea, don’t let this stuff drive you crazy.
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DCA into BTC is definitely more stable, way better than watching the charts every day and losing everything.
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Burning over 1,000 USDT a day on fees is just outrageous, no wonder you want to blow up your account to end it all.
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Next time you see this guy post, remember to @ him, don’t let him just disappear from the scene.
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DefiOldTrickster
· 22h ago
Oh, this guy finally realized it's better to do spot trading. I've been saying, futures are just gambling, and the fees are ridiculously high. Isn't that like jumping into a fire pit?
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GateUser-1a2ed0b9
· 12-02 21:50
Contracts are really poison. Looking at your heartbreaking Transaction History reminds me of my own tragedy... The fees could eat up a down payment for a house. Still, BTC Auto-Invest is the way to go, sleeping soundly.
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MaticHoleFiller
· 12-02 21:50
Crazy, this contract thing is just a machine for Be Played for Suckers, bro you finally got it.
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AirdropAnxiety
· 12-02 21:49
Damn, the contract is really toxic, 33,000 just disappeared like that.
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CryptoGoldmine
· 12-02 21:46
Contracts are something that becomes clear once you calculate the fee structure; it costs over 1000 U per day... this ROI just doesn't work. Compared to that, I'm more interested in how your 6000 U in spot trading is making consistent profits and what the computing power efficiency is like.
To be honest, I agree with the logic of auto-investing in BTC, but the key is still how to calculate the investment return cycle. What stage is the difficulty retargeting cycle currently in? Have you organized the data?
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IntrovertMetaverse
· 12-02 21:23
Damn, 33,000 U just disappeared like that? Contracts really do eat people without spitting out bones.
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Every day over 1,000 U in fees, bro, this Transaction History hurts just to look at, it's better to quit while you're ahead.
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Spot makes a guaranteed 6,000, but going All in on contracts lost 50,000, this contrast is unbelievable, I really need to reflect.
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BTC Auto-Invest is the right path, don't get entangled with those memes anymore, it's too draining.
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Use this time to rest and adjust, don't let contracts ruin you.
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You're right, getting Liquidated is much better than being drained by fees every day, it's time to stop loss.
View OriginalReply0
CoinBasedThinking
· 12-02 21:20
The contract is really a pitfall, bro, this loss is a bit harsh.
Looking at this transaction history, I really don't want to throw more money into it. I've truly lost 33,000 U, and just the fees are burning over 1,000 U a day! If I keep doing margin replenishment, isn't that just filling a bottomless pit? Getting liquidated might be a kind of relief, because PIPPIN has already messed up my schedule these past few days.
Decided to take a break for a while. I won't touch meme and futures contracts anymore. Thinking back to when I was trading spot, I steadily made 6000U, but in just a few days with futures, I lost 50000U! A bloody lesson is right there—moving forward, I will honestly trade spot and dollar-cost average into BTC, which is the right path.
I will withdraw first, everyone take care. Hope to meet you in the square again after a while 😄