Whether it's contracts or spot trading, I believe the most important thing in the crypto world is the mindset!!!
People who get liquidated are usually those who are eager to get rich!!!
With the principal amount, buying spot doesn't allow for much, but once you see exchanges offering contracts
You might directly go for 100 times leverage, turning 10,000 into 1,000,000 in funds, and then a 1% rise or fall can lead to liquidation.
Then someone says, I don't want 100 times, I will just go for 10 times, so 10,000 turns into 100,000. A 10% rise or fall can lead to liquidation.
Don't think it's impossible; if something can happen, it will eventually happen, it's just a matter of time.
If you want to make money trading contracts, then if you are just betting once, whether you win or lose, you might never come back in your lifetime, that is possible.
But the gambler's oath is even less trustworthy than the words of a scumbag.
Never trust gamblers or drug addicts.
They are essentially no longer human,
But patients suffering from the weaknesses of human nature.
Staying away from them is the best way.
Can you really get rich by leveraging once? It's impossible to get rich.
It's still that saying: bulls have their strategies, and bears have their ways of playing.
If you are currently always losing and don't know what to do, you can click to follow me, click my avatar to find me anytime, as all contract and spot trading strategies are shared. Just to gain followers.