Today I casually record this position: a 10x long on SUIUSDT. My current return rate is already 43.92%—it’s honestly a bit of a surprise.

My opening average price is 0.7095, and the current price is 0.7419. After entering, the price has kept moving upward as expected—there haven’t been any big wick “shakeouts” or stop-hunts. Holding the position feels fairly reassuring.



Let me share the simple thought process for entering at the time:

In the past period, the overall altcoin sentiment has slightly warmed up again. SUI itself has very solid support at the bottom of the chart. It hasn’t broken down to the downside for several days, and there are signs that capital has been continuously flowing in in small amounts—so I opened a small position with a 10x-plus long. I didn’t dare to push leverage too high, because I was afraid I wouldn’t be able to withstand the back-and-forth volatility.



The biggest takeaway from trading contracts for this long is: don’t chase price and bet on the market with a heavy position using high leverage. Holding the trend gradually with low leverage is actually easier to capture profits. High leverage looks tempting because the returns are enticing, but once there’s even a slight move against you, it can easily lead to liquidation—clearly not worth it.



For now, I don’t plan to close everything right away. I’ll first set a break-even stop loss. The rest of the position will be left to see if I can push for another round. If the market goes against me, I’ll take profits in a timely manner. “Take profits and secure gains” is the real, tangible profit.



A reminder to everyone: contract trading carries extremely high volatility risk. This is only my personal real-time trading sharing and does not constitute any investment advice—trade within your means! #我的Gate交易时刻