#Solana行情走势解读 Entering the circle without understanding the terminology, paying tuition is unavoidable.

Starting with the simplest — spot trading.

Spot trading means using USDT or fiat currency directly; once the trade is completed, the funds are credited immediately. There’s no such thing as liquidation. But don’t mistake it for a "safe box": if the market halves, you still suffer heavy losses; it just won’t wipe out your account instantly.

The real dividing line between winning and losing is here — contracts.

Contracts are not about technical skills; they are about execution and probability awareness.

Leverage of 5x, 10x, 20x sounds exciting, but think about it: with 20x leverage going long, if the price drops by 5%, your principal is wiped out. This is not alarmist talk; it’s plain mathematics.

The most critical point: understanding the difference between U-based contracts and coin-based contracts is the first lesson for survival in contracts.

U-based contracts: profits and losses are settled entirely in USDT, with clear logic, visible risks, and good risk control. Friendly to beginners, even in a bear market. When market direction is uncertain, use it to hone your sense of timing.

Coin-based contracts: settled in the coin itself; while earning profits, the coin also appreciates, amplifying gains in a bull market. The problem is, in a bear market, it becomes a meat grinder: if the coin drops, your margin drops too, and losses multiply.

At this stage, stick to U-based contracts and trade small positions. Don’t recklessly use high leverage, and don’t treat contracts as an ATM. Only when you truly understand market trends should you consider the high-profit strategies of coin-based contracts.

In short, the reason most people lose money is because they can’t see the market clearly, can’t find the right direction, and their minds are a mess.