Many traders have experienced this—being optimistic about a altcoin project, only to see it drop immediately after buying. Even after setting stop-losses, after repeatedly taking losses, they still end up holding the position in their hands. My current situation is just like that: holding over ten contract positions, each losing hundreds to thousands of dollars. Although my account hasn't been liquidated yet, this feeling of being fully invested with unrealized losses is truly frustrating.

This actually reflects a common trap many fall into when trading altcoins—frequent stop-losses often indicate poor entry point judgment. Every time you cut losses, it's a drain on your funds; after two stop-losses, your principal has already shrunk significantly. And when the final loss occurs, your mindset often changes—you'd rather hold onto the position than cut losses again, which can lead to a passive holding situation.

This also reminds everyone that trading altcoins in the futures market requires extra caution. Risk management isn't just about setting a stop-loss once; it should be considered from the very beginning—fund allocation before entry, position size, risk-reward ratio. Otherwise, when your holdings are filled with unrealized losses, you might be left with no choice but to wait for an opportunity.