Newcomers to the crypto world want to try contracts? Let me tell you one thing first: whether you can get rich overnight is not the point; whether you can survive is the first lesson.

Don’t be fooled by those “tenfold hundredfold profit screenshots.” Contracts are the most exciting part of the crypto world, and also the fastest way to get buried.
If you really want to get into this game, you must first understand the pitfalls clearly.
First: Going in without understanding the rules is like giving others your money.
Perpetual contracts are what most people trade; they don’t have an expiration date, and the operations are flexible. But because they are “perpetual,” risks are always lurking while you sleep.
Leverage? It’s even more deadly.
It can amplify gains but also wipe out your account instantly.
Newbies, don’t pretend to be heroes. Start with low leverage to feel the power of the “irrational market.”
Second: Stop-loss isn’t a suggestion; it’s your protective charm.
Many newcomers always think “this trade can still turn around,”
but when the market doesn’t, they end up losing everything.
Set a stop-loss on every trade—that’s your lifeline.
Entering without a stop-loss is like running naked onto the highway.
Third: Don’t play with fire on strange platforms.
Choosing the wrong platform is even more fatal than choosing the wrong direction.
Don’t chase low fees by going to small exchanges,
runnings, pinning, lagging…
You simply can’t win against this kind of “environment damage.”
The real risks are all in your mindset.
Holding positions? Don’t bother. You can’t hold against the market.
High leverage? That’s meant for liquidation.
Going all-in? It’s a gamble with nine lives, and the rest depends on luck.
Contracts have only one core:
Survive to keep playing.
Three red lines you should never cross:
Don’t touch meme coins that suddenly surge—what you see as a big bullish candle is a trap set by others.
Never buy without stop-loss—this isn’t bravery, it’s recklessness.
Don’t trade emotionally—chasing rallies and selling dips will only make you a “contributor” to others’ profit curves.
Contracts are not a game. They can turn you around or wipe you out in an instant.
Every time you click to place an order, it could be a matter of life or death.
This is just a reminder, not investment advice.
You can enter the market if you want, but be sure to learn how to judge and take responsibility.
Remember this truth:
Contracts are not about who makes money faster, but about who survives longer.