Early on, I got involved in several NFT projects, and the returns multiplied a hundredfold. Later, I caught the wave of memecoin行情, and I’ve seen quite a few projects ranging from 100x to 1000x, until some traffic platforms entered the scene and things gradually changed.
In the past two years, I started focusing on perpetual contracts, believing that this is the truly stable way to profit in the crypto market. Compared to betting on a single asset, leveraged trading requires higher risk management and mental resilience, and it also tests technical analysis skills.
Looking back, many opportunities were actually right in front of me, but I didn’t realize it at the time. Now, I focus more on trading execution, using contracts to improve profit efficiency.
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metaverse_hermit
· 01-06 08:49
Hundreds or thousands of times gains are common now, but it’s actually the contracts that are the real king, the contrast is quite stark.
NFTs made a killing back then, but unfortunately, when the traffic flow came in, everything collapsed. Now, who still dares to touch it?
Leverage trading seems simple, but to achieve stable profits, you need to put in effort. It’s not something gamblers can play with.
Opportunities are always there; the question is whether you can survive until the moment you see them.
From pursuing rapid wealth to seeking stability, this is the realization only those who have made big money will have.
Perpetual contracts are hot, but I see many still go all-in and lose everything.
The biggest fear is that no matter how good your technical analysis is, a black swan event can wipe you out. That’s the real test.
With contracts, stop-loss must be firm; greed will eventually lead to your downfall.
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TradFiRefugee
· 01-05 16:41
Perpetual contracts are indeed a trap; those who go all-in with leverage are gone.
I also missed that wave of NFTs and now I regret it to death.
Stable profits? Ha, why am I still losing?
Risk management in contracts is really more important than anything else, a painful lesson.
When your mindset collapses, that's the beginning of losing money; I deeply feel this.
When the traffic side enters the market, it becomes a harvesting machine, too true.
Opportunities are right in front of you but you fail to recognize them; this is the fate of retail investors.
Leverage trading, to put it simply, is playing with fire; no one can prevent it.
Stable profits from contracts? Why am I losing more and more?
Looking at this experience, I still have to rely on luck to make a living.
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ApeDegen
· 01-03 17:36
Perpetual contracts are really exhausting; the hundredfold dreams are gone
Initially making quick money, now feeling mentally drained, this is Web3
NFTs were lucky back then; now thinking about it, it was all just a bubble
Is the contract stable? Damn right it's stable—one liquidation and you're back to square one
Managing your mindset sounds simple, but who isn't irritable when losing money
It's really just the process of transforming from a gambler to a technician
Watching others multiply by 1000x while your contract keeps getting caught in cycles, how does that feel?
Technical analysis has deceived me so many times I’ve lost count
The influx of traffic indeed disrupted the entire ecosystem, I agree with that
Now, I’m just bouncing back and forth between losses and liquidations
Once you earn over 100x, you can never go back to normal thinking; that’s a problem
Execution? You realize you executed in the wrong direction only after doing it
Improving contract efficiency? Are you talking about increasing loss efficiency?
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YieldWhisperer
· 01-03 11:55
The idea that contracts can generate stable profits has been heard too many times, but in the end, it's still the retail investors who lose out.
That wave of NFT was indeed a missed opportunity, but now everything has been lost back.
Perpetual contracts seem stable, but one liquidation and it's all wiped out—easy to say.
A hundredfold, thousandfold opportunities are right in front of you? But you have to survive until the moment you withdraw from the exchange.
No matter how deep your technical analysis skills are, they can't compete with a single piece of negative news.
Speaking of memecoin times, it was truly outrageous—any project could easily multiply ten times.
The higher the leverage, the faster the gains, but so is the risk of liquidation.
Most of those still promoting stable profits now have probably already been liquidated.
After trading contracts for a long time, your mentality gets worn out—that's not an advantage.
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LiquidityNinja
· 01-03 11:47
Getting rich quickly with NFTs and memecoins sounds great, but the ones who really survive are the ones playing with contracts.
Perpetuals really test people; most retail investors simply can't hold that mindset.
Once the traffic side enters, the project is finished. I've seen too many such dramas.
Technical analysis is correct; without a solid foundation, playing with leverage is just giving away money.
Looking back at those hundredfold opportunities, at the time, who would think so much? It's all after-the-fact armchair quarterbacking.
Are contract yields stable? I feel it's even more exciting than playing coins...
From going all-in on a certain asset to learning risk management, that progress is indeed significant.
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AmateurDAOWatcher
· 01-03 11:46
I think this is a vivid example. Early dividends are gone, and now I realize that stability is the true king. The NFT wave was indeed highly profitable, but once traffic came in, there was no hope. The contract route is much more reliable.
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Wait, have you seen returns from 100x to 1000x? How strong must that mentality be? I’ve already been liquidated once anyway.
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Perpetual contracts are indeed more reliable than betting on single coins, but honestly, maintaining the right mindset is really difficult. A 30% drawdown and you want to close your position—that’s easy to say.
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Is the opportunity right in front of you? I think it’s more about not knowing anything at the time. Looking back now, it seems simple, but back then, I really didn’t have that level.
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Have you set your stop-loss? I’ve seen many people get wiped out just one second before the rebound.
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NFT to contracts, that turnaround is a bit fast, or is it that only after the funds grow large enough can you play perpetual?
Early on, I got involved in several NFT projects, and the returns multiplied a hundredfold. Later, I caught the wave of memecoin行情, and I’ve seen quite a few projects ranging from 100x to 1000x, until some traffic platforms entered the scene and things gradually changed.
In the past two years, I started focusing on perpetual contracts, believing that this is the truly stable way to profit in the crypto market. Compared to betting on a single asset, leveraged trading requires higher risk management and mental resilience, and it also tests technical analysis skills.
Looking back, many opportunities were actually right in front of me, but I didn’t realize it at the time. Now, I focus more on trading execution, using contracts to improve profit efficiency.