Many people listen to market analysis, sometimes saying to go long, sometimes saying to go short. But many friends get confused—like when I mentioned at the 0.45 price level to buy and go long, only to see it drop straight to 0.31 and get liquidated. These friends probably haven't truly understood contract trading yet.

If you observe those who frequently share their trades publicly, you'll notice a pattern: they can make 30 times profit in a wave of market movement, and even if the coin drops 30 times, they still won't get liquidated. Why is that? It's simple—because the amount of capital they participate with is small.

Most retail traders think differently. When they hear you say to buy at a certain price, their mind immediately jumps to going all-in. Buying spot with full position isn't a big problem, but if you go all-in on contracts? Then you need to think clearly—what if the market moves against you, how will you withstand it?

Beginners often lack this awareness. When they see a bullish trend, they go all-in with leverage. If luck is on their side, they might make some money. But the problem is, most people aren't that lucky, and they end up losing their principal in a few pullbacks. That’s why contract trading seems to offer high returns, but truly consistent profit-makers are always a minority. The key is to learn how to reasonably allocate risk.