I started getting involved in the crypto world in 2021. My earliest mentor repeatedly emphasized one principle: stay away from contracts and avoid high leverage. At the time, I didn't quite understand, so I just followed the advice.

Gradually, I began to understand the logic behind it. Before mastering technical analysis, jumping into contracts and stacking high leverage can easily lead people astray. Especially those who start making money right away—the money earned through wrong methods will eventually be lost with "real skill." This is not a curse, but the market's law.

It's crucial to avoid getting emotional when doing anything, and contracts are no exception. If you can treat contract trading as a routine, ordinary activity, at least on an emotional level, you've already won.

Let me share my own approach. I play contracts with a mathematical game mindset. For each trade, I calculate the profit and loss ratio—can it be above 1:2? If the ratio is too low, I pass directly. My position size is fixed, for example, $10,000 per trade, and I stick to it. Then I continue with mathematical reasoning: if the profit and loss ratio is 1:2, then a 30% win rate over 10 trades can break even, and a 50% win rate can generate steady profit.

Only when people truly remove the emotional filter can they achieve long-term profitability. Being driven by emotions makes it impossible to persist for long.

But to be honest—those who really make big money are still in spot trading. Contracts are essentially speculative, and that thrill is addictive. I’m talking about the thrill that speculation itself provides, not the act of trading.

Imagine if you plan well: buy spot at lows, then hold it for half a year or even a year, and spend the remaining time creating content, writing articles, recording videos, editing videos. Editing videos alone takes time and energy, and you also need to handle collaborations with various exchanges—every step requires investment. True skill lies in managing your time well.

If your life isn’t just about trading and you can see other worthwhile things, then your direction is probably right. Conversely, if every day you wake up thinking about how much you’ve earned or lost, or when you’ll break even, that indicates one thing—you haven't figured it out yet.

Wishing everyone steady profits.