Most traders underestimate the psychological toll that perps inflict on retail players. The worst-case liquidations hit exactly when you're most vulnerable. Exchanges lock up. Funding rates flip overnight. And suddenly you're questioning every decision you make.
This kind of repeated trauma rewires how you approach the market—you stop trusting your own judgment. What if there's a simpler way? Some platforms are starting to rethink this. By letting you take losses on your own terms, without the shame spiral, they're changing what loss actually feels like. It's not revolutionary, but it matters.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
YieldFarmRefugee
· 15h ago
Perpetual contracts are truly mental killers; too many people get liquidated overnight. That's right.
View OriginalReply0
LiquidationWatcher
· 18h ago
Perpetual contracts are all about psychological games; it's normal to lose everything overnight.
The moment the fee rate reverses is truly shocking—you haven't even reacted before you're gone.
Honestly, losing your mental composure is more painful than losing money; that feeling of self-doubt... really hard to quit.
Some platforms want to change this, and it still feels a bit interesting.
Forget it, I'll just keep watching others get liquidated—it's comfortable.
Perpetuals are just amplifying human greed; there's nothing new about it.
The key is really to protect yourself and not get washed out by fee rate fluctuations, but the vast majority of people simply can't do that.
View OriginalReply0
DAOdreamer
· 12-26 10:53
Perpetual contracts are really mental killers. I've seen too many overnight liquidations, and that sense of despair can ruin a person.
View OriginalReply0
NoodlesOrTokens
· 12-26 10:45
Perpetual contracts are really mental killers. I've been forcibly liquidated several times at the most desperate moments. That feeling... don't even mention it.
The funding rate is just ridiculous. It was fine yesterday, and today it suddenly crashed. I couldn't react in time.
To be honest, I'm starting to doubt my own judgment now. If this continues, I feel like I might get depressed.
Some platforms are trying to improve this aspect, but I think it still depends on your mindset. Nothing can save those who frequently get liquidated.
Playing with contracts poorly can really ruin a person. It's better to be more cautious.
View OriginalReply0
BitcoinDaddy
· 12-26 10:41
Perpetual contracts can really drive people crazy. When the fee rate reverses, I go numb...
---
That's right, having a bad mentality is more uncomfortable than losing money. Forced liquidation feels like a harsh slap
---
This is the real root of the problem. It's not about making or losing money; it's the feeling of being repeatedly tormented
---
Wait, are there really platforms changing this? I need to find out. I have to save my heart
---
When the funding rate flips, it's an immediate gg. This is the most damnable design...
---
It's not about whether a new platform can solve it; the key is to cut losses decisively
---
Rebuilding mentality is even harder than flipping the account. Perpetual contracts are just a psychological game
---
Has anyone really been pushed into a psychological shadow by this?
View OriginalReply0
SchroedingersFrontrun
· 12-26 10:30
Perpetuals are really a mental killer. Many people around me have been hit hard by overnight funding rate reversals. That feeling is like being humiliated by the market.
Most traders underestimate the psychological toll that perps inflict on retail players. The worst-case liquidations hit exactly when you're most vulnerable. Exchanges lock up. Funding rates flip overnight. And suddenly you're questioning every decision you make.
This kind of repeated trauma rewires how you approach the market—you stop trusting your own judgment. What if there's a simpler way? Some platforms are starting to rethink this. By letting you take losses on your own terms, without the shame spiral, they're changing what loss actually feels like. It's not revolutionary, but it matters.