Many newcomers to the crypto world see contracts as a magic pill for turning their fortunes around. Going all-in, trading frequently—what's the result? No principal left, dreams shattered.

In fact, contracts are not some secret to making money. To put it plainly, they are a "knockout competition"—sifting out who can survive in this market and who will be wiped out completely. After years of struggling in this industry, I’ve summarized four key points—these have saved many people.

**First, don’t go all-in on your position.** No matter how tempting the market is, going all-in means risking your entire assets against market fluctuations. You might think you lost because of wrong direction judgment, but in reality, most are swept out by volatility. Keeping some reserve is crucial, giving yourself two or three chances to recover, so you can last longer.

**Second, follow the trend.** Don’t always try to catch the bottom or sell at the top—that’s a dead end. The small profits made during choppy markets are not worth much. The real opportunities to make big money appear in trending markets—when prices rise, a pullback is a good entry point; when prices fall, a rebound is the time to exit. As long as the trend remains, don’t stubbornly hold on.

**Third, take profits and cut losses decisively.** This is the hardest part. Many people become greedy once they profit, gradually eroding their gains; when losing, they become overly optimistic and hold on until liquidation. Remember: minimize losses, maximize gains. Cut losses without hesitation, and give profitable trades enough room to run.

**Fourth, don’t trade too frequently.** Ten trades a day? Most of the fees are eaten up by the exchange. The more trades you make, the more your mindset becomes chaotic. One loss leads to emotional breakdowns, making things worse. Steady and focused—two or three precise trades a day are enough.

These four points are not advanced techniques; frankly, they are the survival bottom line. Those who can stick to them have a way out in the crypto space; those who can’t, will find this market a meat grinder. First, hone these four points solidly, and when the real market arrives, you’ll be qualified to sit at the table.