Followed a trading expert for perpetual contracts. After investing 10,000 USDT, the price dropped directly close to liquidation😅, and the return rate fell to -80%. To be honest, I really admire this guy's skills; he has accumulated nearly a million in principal in just over a year. But his trading style is basically playing with fire—win and double down, lose and get liquidated, with no middle ground.
Seeing many people around me getting wrecked in perpetual contracts, I think it’s better to change the approach rather than keep banging my head against the same wall. Event contracts are essentially a form of gambling, but at least they have a short cycle—results are clear in 10 minutes, and wins or losses are straightforward, unlike perpetual contracts that slowly erode you over time. Recently, I tried a certain quantitative tool, and combined with the short cycle of event contracts, my win rate has improved, and the chances of doubling my position have increased. Instead of sticking to one strategy, it’s better to try different trading instruments.
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0xLuckbox
· 6h ago
Perpetuals are really a trap; surviving with -80% is already considered good.
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YieldWhisperer
· 6h ago
Perpetual contracts are a deeper pit than hell; being down 80% is considered lucky.
Following trading experts is just gambling on luck; we can't play their risky game of cutting through blood.
Event contracts are indeed fast, but don't fall into another trap again.
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potentially_notable
· 6h ago
Perpetual contracts are really a trap, copying trades is useless
Be cautious of following quantitative tools, don't fall into the trap again
Daring to continue playing with an -80% loss shows an incredible mindset
Living on the edge and risking your life will eventually catch up with you
Waiting 10 minutes to see the real results doesn't sound reliable either
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RugDocScientist
· 6h ago
Perpetual contracts are really something that eats people up; even experts end up losing everything.
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airdrop_whisperer
· 6h ago
Perpetual contracts are really a money-eating machine; it doesn't matter who you're with, you still need to rely on your own risk management.
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GasFeeVictim
· 6h ago
Perpetual contracts are really a trap; I've experienced a -80% loss too, almost breaking my mentality. But that guy managed to accumulate a million, so he's quite skilled—it's just that his approach is too extreme.
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GoldDiggerDuck
· 7h ago
Perpetual contracts are just a machine for cutting leeks; even experts can't escape.
Following the trend is a dead end, I really learned that.
Seeing the truth in 10 minutes, I give it a thumbs up; at least you don't have to stare at the market all day and get exhausted.
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A million capital wiped out in one liquidation, this is the fate of perpetual contracts.
Switching tracks is okay, but don't fall into the trap of event contracts again.
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Licking blood at the edge of the knife always leads to bleeding; no matter how skilled the trader, this curse can't be broken.
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Quantitative tools with short cycles? Sounds like a new trick, but as always, be careful not to get cut.
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A million a year is indeed impressive, but I want to know how much he has left now.
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This is the fate of crypto; always looking for the next "sure profit" asset.
Followed a trading expert for perpetual contracts. After investing 10,000 USDT, the price dropped directly close to liquidation😅, and the return rate fell to -80%. To be honest, I really admire this guy's skills; he has accumulated nearly a million in principal in just over a year. But his trading style is basically playing with fire—win and double down, lose and get liquidated, with no middle ground.
Seeing many people around me getting wrecked in perpetual contracts, I think it’s better to change the approach rather than keep banging my head against the same wall. Event contracts are essentially a form of gambling, but at least they have a short cycle—results are clear in 10 minutes, and wins or losses are straightforward, unlike perpetual contracts that slowly erode you over time. Recently, I tried a certain quantitative tool, and combined with the short cycle of event contracts, my win rate has improved, and the chances of doubling my position have increased. Instead of sticking to one strategy, it’s better to try different trading instruments.