I've talked with many friends who have been through the ups and downs in the $BEAT contract, and everyone wants to ask one question: Why are liquidations so frequent in the contract market, yet so many people still keep rushing in?

Actually, to put it simply, the problem isn't with the contract itself, but with too many traders who start betting without truly understanding the rules of the game. You see exchanges displaying 5x, 10x leverage, and you automatically interpret it as "I'm trading with 5 times my money." But what's the reality? If your account only has 10,000 USDT, your actual risk tolerance is only a few hundred dollars. Yet you open positions of 30,000 or 50,000—this looks like low leverage, but in fact, you're playing a game with risks of dozens of times that. And you still think there's nothing wrong with your operation. This is the ultimate reason for liquidation—regardless of whether the market is $ETH or other coins, the logic is unavoidable.

Truly experienced traders never see contracts as a quick way to get rich. They understand clearly: contracts are essentially about risk hedging and speculation, not a casino for impulsive bets. The money you make isn't falling from the sky; fundamentally, it's the chips left behind after others get liquidated that feed you. So professional traders spend 70% of their time waiting. When the market feels off, they close their positions and do nothing. Once they decide to act, their logic must be solid, and their entries precise—aiming solely to lock in profits.

Retail traders are different. They spend every day fiddling with charts, and in the end, their trading fees eat up more than their gains. To survive in the contract market, remember two words: contrarian. Looking at $POL's market trend makes this especially clear—when others are panicking, you need to stay calm; when others are emotional and overexcited, you should hit the brakes first. Stop-loss must be strict, setting a maximum loss of within 5% per trade; if your direction is correct, don’t rush to take profits—aim for 2x or 3x space.

Stop talking about "contracts are just gambling." Your liquidation happens because you're truly gambling; others make money because they are meticulous and calculated. The core logic that really matters is never openly discussed. For those still relying on intuition, emotions, or staring at screens overnight to trade, I can only say: go to bed early. During dreams, all kinds of market scenarios happen.