Family members, who understands? Fans are crying and complaining about missing the market: held a position for 4 days, $1000 was eaten up by funding fees, just closed the position and the market took off... This is not bad luck at all, but a failure to understand the "hidden rules" of contracts!

Today, I’ll reveal 3 of the most deadly traps, so you can avoid them and save yourself two years of detours:
❶ Funding Fee: The invisible bloodsucker! Don’t just watch the K-line! This fee is collected every 8 hours, with a rate where positive (longs) pay shorts, and negative (shorts) pay longs. Holding a full position and stubbornly holding on even if the direction is correct, getting charged hundreds of U.S. dollars for two consecutive days, and finally being forced to liquidate, missing the next move, and feeling so frustrated it causes a heart attack! Trap avoidance: Don’t enter during high fee periods (above 0.1%), hold positions for no more than 8 hours, and prioritize being on the opposite side of the funding fee.
❷ Liquidation Price: Nearly half of what you calculated! Think that a 10x leverage only gets liquidated at a 10% drop? Wrong! The platform secretly charges liquidation fees, and you get forcibly liquidated at a 5% drop. Solution: Never go all-in with full margin, use “isolated margin” to hedge risks, control leverage at 3-5x, and keep more margin to extend the liquidation line.
❸ High Leverage = The Killer! 100x leverage looks exciting, but both fees and funding are calculated based on the borrowed amount. Even if you make a few hundred U.S., you might end up losing money at settlement. Remember: high leverage is only for short-term trades, low leverage is suitable for holding long-term. The higher the leverage, the faster you die! Exchanges aren’t afraid of you losing money; they’re afraid you don’t understand these tricks! Profiting from contracts isn’t about betting on the right direction, it’s about understanding the rules. To survive steadily in the crypto world, follow me for more tips on avoiding pitfalls~ #NADA $BTC $ETH $GT