Many traders who are new to the space often ask similar questions—if I only have around 1000U, how can I start trading contracts without losing everything?

My advice is this. Divide the 1000U into 10 parts, investing only 100U each time, with leverage controlled at 20x. Beginners tend to be greedy and easily get wrecked; high leverage is just a stress test for your mentality. The remaining 900U should be kept in a financial account to earn interest—this is your emergency fund.

If you lose the first 100U, do not think about adding more positions—that's a big taboo. Stop first, and calmly reflect for 1 to 2 days. Don’t rush to recover losses; Bitcoin opportunities are never scarce, and there are fluctuations every month. Adjust your mindset before re-entering the market.

Suppose you resume trading and divide the remaining 900U into 10 parts again, each now being 90U. Be extra cautious this time, aiming to recover the previous losses. If you make 300U this round, you will have 400U. Withdraw 200U to lock in profits. The remaining 200U continues to trade, which will significantly reduce your psychological pressure.

The most critical aspect here is position management. I’ve heard of people who only use 10x leverage and think that’s safe, but that logic is flawed. Bitcoin drops 10% and gets liquidated, yet a 20% annual volatility in BTC is perfectly normal. If you always go all-in each time, no matter how much you’ve earned before, you’ll end up losing it all in the end.

It is widely recognized that traders with a success rate of 60% are already top-tier. One mistake is enough to overturn all previous gains. So don’t rely on win rate alone; position management is the line that determines life or death. Always remember, no one can hit the mark every time—good risk management is key to surviving longer.