In the past few days, I have come across many different opinions on Twitter. Some people say not to play contracts, which is gambling, while others say not to play knockoffs, which have a value of 0. However, in my opinion, everything should not be about whether it can be played or not, but about paying attention to four words: position management Small fund players cannot buy BTC right away because the significance is not very high, and BTC fluctuations are also small now. If they want to turn things around, they have to play with various new things. Not to mention when there is nothing to play with on the chain, even if there is, the zero risk on the chain is not much lower than the contract. In my opinion, meme itself comes with leverage As we all know, it is currently the peak period for alpha+contract projects to operate. While it is not a problem to study various indicators to buy spot goods, when the trend changes and it is no longer suitable to follow more, then we need to turn our focus to another direction, or we can choose not to operate at all. These are all our own choices My long-term position 1、 btc bnb ， The fluctuation is not significant compared to others. Even if it falls, I can wait for it to rise back because the probability of this part of the funds returning to zero is extremely small 2. Part of the U Wealth Management, and it is on Binance Wealth Management, with minimal risk control. This part of financial management is also relatively flexible, and it can be used to buy bottom when necessary. Currently, the main financial management is to invest in USD1 3. A small portion of the positions are used for contracts, memes, and other pre-sales, and the smallest portion is allocated to contracts. Why do I insist on contracts? Because I need to perceive the market, and when researching the trading volume and data of OI, I need to verify them myself. The portion used for memes is divided into wallets and regularly referred to the exchange for financial management. It has been proven that I have lost more money in memes than in contracts.