Why are there so many people participating in contract trading in the cryptocurrency circle?
Contract trading exudes a charming charm that can quickly obtain rich profits. Imagine that your monthly salary is 10,000 yuan. However, if you invest this 10,000 yuan as principal in the contract market and use 100 times leverage, as long as the price rises by 1%, you can earn 10,000 yuan; if it rises by 10%, the profit will be 100,000 yuan.
In contrast, it may take 30 days of hard work to get a monthly salary, but in the contract market of the cryptocurrency circle, it only takes a few minutes. How many people can earn more than 10,000 yuan a month? How many people can earn 100,000 yuan a year?
When you earn 10,000 yuan in a minute, are you willing to spend a month working hard?
In the cryptocurrency world, most people who participate in contract trading are gamblers who rely on high leverage to pursue wealth, except for a few masters who have large funds and use low leverage to operate in spot mode.
The price fluctuations in the cryptocurrency world are extremely violent. Under extreme market conditions, fluctuations of 1% to 2% may occur every second. If you are lucky, you can earn a month's salary in one second, and a year's income level in just a few minutes. When you can earn a year's income in just a few minutes, would you still be willing to work hard for a long time?
The vast majority of these people have the dream of getting rich instantly and think they are unique and extremely lucky. However, please remember that luck will not always accompany you, and the final outcome of gamblers is often to lose all their money. Therefore, do not use high leverage at will, which is the key to long-term survival in the market.
For this reason, contract trading attracts many people because it provides the possibility of quick profits, but at the same time it is accompanied by huge risks. Maintaining a rational attitude and effective risk management are the key elements to long-term success. #币安7周年 #美联储何时降息？ #美国大选如何影响加密产业？