Why are there still people playing in the cryptocurrency market even after contract liquidations?
Friends in the cryptocurrency space, trading contracts (pure speculation) and investing in cryptocurrencies (like venture capital) are two different things.
The essence of contracts is trading risk. It's about making money through risk management and expectations.
Remember this when trading contracts.
You can choose not to believe in technology, market makers, candlestick charts, moving averages, BTC, and think they are all scams, or you can fully trust them; either way, these beliefs won't affect your ability to make money.
But you must understand risk. What is risk, how to manage, calculate, and operate risks, how to withdraw... how to survive.
——You can earn money beyond your cognition. For example, if you invest in a coin and its value doubles, you make 100%; in contract trading, if you leverage 3 times, you can earn 300%. Where does that extra 200% come from? Do you know?
——In contract trading, the money earned is the money managed, the money that others lose and are liquidated. To take this money, first, you cannot be liquidated.
Viewing the market from a risk perspective is completely different from how ordinary people view the market. It's like looking at a mountain from the foot versus looking at it from the top; it’s fundamentally not the same. For instance, those buying coins can hold positions and wait for the price to rise, enduring losses with patience. But for contract trading, if you hold a position and wait, enduring losses, you probably won't survive beyond the first few episodes.
Therefore, operations truly based on risk management and those based on dreams are entirely different matters. In the market, dreaming comes at a cost, and those who manage risks are the ones here to earn that money.
Do you want to be a dreamer or a risk manager? That depends on you. But dreamers should not trade contracts; contracts can shatter your years of dreams in just a few days, waking you up too quickly.
People who make big money often feel during the earning process: "That time felt like picking up money." But when your opportunity comes, you need to be alive and have the capital to pick up that money.
In the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in altcoins, especially those promising projects, where an expected growth space of 10 times or more is not a problem. If you want to make big money in a bull market, like + comment, and I will lead you in planning for the entire bull market!
