#ETH走势分析 Recently, I've been asked an old question in the community again: "With a starting capital of 2,000 yuan, should I do spot trading or contracts?"

To be honest, there’s no standard answer to this question—because everyone’s risk tolerance and trading style are completely different. Two friends around me are the best examples of opposite approaches.

One is a typical spot trading believer, only playing long-term accumulation of BTC and ETH, moving funds back and forth. During the worst time of last year’s bear market, when everyone else was cutting their losses, she was posting screenshots of her buying in batches in the group every day, like she was picking up bargains at the market. I asked her if she wasn’t afraid of further drops. She opened her account and showed me: “See, all my positions are averaged in batches. If it drops, I buy a bit more; if it rises, I sell a third. My rhythm is steady.” With this persistent attitude, she managed to grow her initial capital to a decent size over three years. She often says, “It’s slow, but the best part is I’ll never lose everything overnight.”

Another friend took the completely opposite route—she’s more familiar with the contract trading interface than her own phone's home screen. 10x leverage is just an appetizer, and she doesn’t hesitate to go 20x. When the market’s good, the returns are indeed impressive. I saw her turn $2,000 into a six-figure account in three months; the excitement at the bar that night had everyone hyped.

But that glory didn’t last long. Two months later, I suddenly saw her screenshot in the group in the middle of the night—her account balance was down to just 0.3 USDT. Later, I found out she chased three positions in the wrong direction in a row, lost all control of her position management, and was liquidated in just three days. She took it in stride: “Contracts are a gamble with your life for money. If you pick this path, you have to accept the consequences.”

After a while in this space, you’ll realize that the people who really make money are never strictly one way or the other. The pros all use the same logic: they use spot trading to accumulate assets steadily, like the first friend, and when there’s a real big move in the market, they use a small portion of capital to open contracts for swing trades—taking quick profits and exiting immediately. They balance both risk exposure and opportunity for returns, but the proportion and timing are key.

If you really have to choose, it’s simple: honestly ask yourself—can you accept the result of your account being wiped out overnight? If you have solid trading skills, stable psychology, and a deep understanding of risk, then you can try contracts. Otherwise, if your goal is steady growth and you don’t want to handle extreme volatility, then stick to spot trading—you’ll at least sleep well at night.

I've seen too many people in this field without a clear trading strategy, blindly following trends into contracts, resulting in completely chaotic operations and massive losses. The biggest taboo in trading is blindly following the crowd; in this game, going it alone without a plan will easily drag you into a whirlpool.

No matter which path you end up choosing, the first thing is to deeply understand your own reality—risk preference, capital size, trading experience, and psychological resilience. Don’t force yourself. In the end, only by surviving in this market can you wait for the next real opportunity.