Contracts are often said to be a quick way for ordinary people to turn their lives around, but in reality, they are a one-way street leading to the abyss. They can double your assets in an instant or wipe you out in the blink of an eye.

When I first entered the crypto world, all I could think about was "getting rich overnight." I took 4000 yuan and went all-in. The result? Not a doubling, but frequent liquidations.

After each liquidation, I told myself "the next trade will turn around," but I didn't realize I was already falling into a bottomless pit. It wasn't until later that I understood that liquidations are never accidents—they are the inevitable consequence of reckless, unsystematic trading without logic.

Real contract trading is actually a game of rationality and rhythm; it's not gambling. The first thing to collapse is often your mindset, not the market itself.

The turning point came when I started to seriously study Bollinger Bands. From the details of the order book to the price structure, I gradually understood the true meaning of this tool—the difference between false breakouts and true breakouts, the significance of closing in or opening up. These insights slowly became my trading weapons. When I first achieved a 30x return, I didn't feel ecstatic; instead, I experienced a sudden enlightenment and clarity.

But even methodology has its limitations. When your mindset collapses and your positions get out of control, no matter how good your skills are, they can't save you. You have to ask yourself: Was this trade based on rational judgment or emotional impulse? Are you using a proven system or just gambling on the market?

Now, my trading frequency has decreased, but every trade is carefully considered, and risks are always kept within controllable limits. The crypto world is never short of stories about overnight riches; what’s lacking are those who can survive long-term and steadily accumulate wealth.

Instead of obsessing over getting rich quickly, it's better to learn how to survive first.