Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Newbie Bitcoin traders often stumble: the market drops when you build a position, and rises when you set a stop-loss. Even when you're right about the trend, your account can still be wiped out. This is never a matter of luck but a failure to understand the rules.
The essence of Bitcoin trading is not just buying and selling coins, but betting against the platform. Every cent you earn comes from others’ losses, and every loss you incur flows into your opponents’ hands. In a zero-sum game, no one can profit out of thin air.
A continuous positive funding rate signals overheated longs; entering the market at this time will inevitably lead to a sharp drop.
Leverage may seem to amplify gains, but it actually doubles the risks and various fees. The four major costs cause your funds to shrink rapidly. The liquidation price is fixed; with 10x leverage, you can't withstand a 10% fluctuation, and even a 5% move might force you out. Waiting for a rebound is pointless.
Rolling over positions is the most dangerous. Investing all profits into a single trade can lead to losing both principal and gains if the market reverses.
Remember, take half of your profits before gambling again. High leverage and full positions without stop-losses will definitely lead to losses. I’ve experienced all the pitfalls and understand the importance of the rules. Solo traders can easily get lost, but I will guide you to avoid traps and move forward. #BTC