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
Some time ago, I was playing the points race on the Opinion and Standx platforms, thinking it would be great to participate in community activities and earn holding points at the same time. Why not? So I opened a long position on BTC, planning to hold it long-term to accumulate points.
The result was outrageous. My computer suddenly broke down, I couldn't access the platform, and I couldn't manage my position in time. By the time I finally managed to open my wallet, I was devastated—my long position had been liquidated, and I lost $7,000.
The irony is, I only spent $7,000 to buy that computer. To put it another way, this liquidation was equivalent to losing the price of 7 computers all at once.
Thinking back now, the points race seems like a win-win situation, but in reality, the risks are hidden deep. Whether you're in it for the points or just trading for profit, any unexpected situation—network failures, device issues, trading delays—can turn even minor problems into disasters. Leverage trading is like that; there’s no cure for regret.
Here's a harsh lesson for everyone: always have an emergency plan when taking on leveraged positions. Don’t think that your skills can handle all situations. Sometimes, it’s not that you’re not strong enough, but that luck simply isn’t on your side.