A few thoughts on "$1000 PEPE contract explosion":
Risk perception of contract trading: Why do some people still enjoy contract trading even though they know that it may lead to losses in most cases? In fact, this is often due to the desire for high returns and underestimation of risks. People always dream of getting rich overnight, but they tend to ignore the huge risks behind it. But remember, whether you buy up or down, without sufficient risk control awareness, you may end up being just the "leeks" of the market.
Warning of gambler mentality: It is really sad to see those who are still desperately trying to make up for their losses with only a few U, dozens of U or even hundreds of U left. This is no longer just a matter of investment or currency speculation, but more like a manifestation of gambling addiction. They may have long forgotten the original intention of investing, but are driven by greed and unwillingness, constantly wandering between hope and despair. Such behavior is tantamount to digging their own graves.
One-sidedness of success stories: We always hear the legendary stories of those who got rich overnight through cryptocurrencies, but few people mention those unknown or even lost all their money. In fact, there are only a few successful cases, and failure is the norm. Therefore, before deciding to get involved in the cryptocurrency world, please be fully prepared and conduct risk assessment.
Advice to focus on real life: Instead of wasting time and energy on the cryptocurrency world full of uncertainty, it is better to do your job down-to-earth and constantly improve your abilities and value. After all, only by truly mastering knowledge and skills can you be invincible in future competition. Those who think they have mastered the secrets of the cryptocurrency world and thus ignore real life often find themselves with nothing in the end.
Finally, if you still have a strong interest in the cryptocurrency world and want to learn more about it, please click on my avatar for in-depth communication. But remember that investment should be cautious and do not blindly follow the trend.
