#ETH U Contract Survival Manual: A Guide for Newbies without a Mentor
To put it simply: 1000U is not a chip for you to leverage 100 times, but rather a ticket to buy 8 lives. 1. Split: 1000U divided into 8 pieces, each piece 125U Always keep only 125U in the wallet, and put the remaining 875U in a cold wallet. When the balance is only 12.5%, anyone would hesitate; with a position of only 12.5%, anyone would dare to place an order. Remove the term "梭哈" from your dictionary, and you will be ahead of 90% of people. 2. Cap: Leverage no more than 15X Within 15X, the market shakes a little and you can still breathe; above 20X, a single needle can burst your heart. Remember: leverage is a magnifying glass, not a money printer. Don't fantasize about turning 1000U into 100,000U with 100X; that's a script prepared for insider trading and quantitative strategies, not for you. 3. Finger cut-off: Loss of 12.5U, shut down immediately. 10% of 125U is 12.5U, cut it when it hits the line, do not add to your position, do not pray, do not look at the group. After cutting the order, go take a shower, run two laps downstairs, and format the words "break even" out of your mind. Always wait for a calm mind to review losses, otherwise reviewing will just be reviewing losses. 4. Lock Profit: Profit 125U, first withdraw 125U The account rolled from 125U to 250U, immediately withdrawing 125U. From then on, your principal became 0 risk, and every 1U earned afterwards is profit advancing. Profit is the moat that resists volatility, while the principal is just the bridge to cross the river; don't treat the bridge as a boat. Epilogue A liquidation isn't due to the market being too harsh, but because people's hearts are too greedy. If you want to win with 1000U, you must first learn to be slow; slow enough for others to laugh at you for being timid, slow enough that the market can't shake you off. As long as 8 lives are still around, there will always be a time for you to eat meat. I once walked alone in the dark, but now the torch is in my hand. As long as the fire doesn't go out, the road is there. Will you follow or not? #SOL #BTC #ETH
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#ETH U Contract Survival Manual: A Guide for Newbies without a Mentor
To put it simply: 1000U is not a chip for you to leverage 100 times, but rather a ticket to buy 8 lives.
1. Split: 1000U divided into 8 pieces, each piece 125U
Always keep only 125U in the wallet, and put the remaining 875U in a cold wallet. When the balance is only 12.5%, anyone would hesitate; with a position of only 12.5%, anyone would dare to place an order. Remove the term "梭哈" from your dictionary, and you will be ahead of 90% of people.
2. Cap: Leverage no more than 15X
Within 15X, the market shakes a little and you can still breathe; above 20X, a single needle can burst your heart. Remember: leverage is a magnifying glass, not a money printer. Don't fantasize about turning 1000U into 100,000U with 100X; that's a script prepared for insider trading and quantitative strategies, not for you.
3. Finger cut-off: Loss of 12.5U, shut down immediately.
10% of 125U is 12.5U, cut it when it hits the line, do not add to your position, do not pray, do not look at the group. After cutting the order, go take a shower, run two laps downstairs, and format the words "break even" out of your mind. Always wait for a calm mind to review losses, otherwise reviewing will just be reviewing losses.
4. Lock Profit: Profit 125U, first withdraw 125U
The account rolled from 125U to 250U, immediately withdrawing 125U. From then on, your principal became 0 risk, and every 1U earned afterwards is profit advancing. Profit is the moat that resists volatility, while the principal is just the bridge to cross the river; don't treat the bridge as a boat.
Epilogue
A liquidation isn't due to the market being too harsh, but because people's hearts are too greedy. If you want to win with 1000U, you must first learn to be slow; slow enough for others to laugh at you for being timid, slow enough that the market can't shake you off.
As long as 8 lives are still around, there will always be a time for you to eat meat.
I once walked alone in the dark, but now the torch is in my hand.
As long as the fire doesn't go out, the road is there. Will you follow or not?
#SOL #BTC #ETH