The big bull market in the cryptocurrency world is gradually approaching. Today, let's talk about whether ordinary people can play with leverage in a bull market. Can they successfully leverage the fulcrum of fate?
Many people, after coming to the cryptocurrency world, have opened the door to a new world, realizing that making money can be done this way too.
Especially after coming into contact with leveraged contracts, one only thinks about earning faster and more. Even saying one more word feels like it affects their speed of making money; their mind has already floated to this extent.
In reality, the cryptocurrency market has already experienced three waves of bull markets. This wave is the fourth, and in the past three waves, there were countless curious individuals fantasizing about leveraging contracts to change their destiny.
In the end, the results are not as quick or plentiful as imagined. There are no luxury cars or extravagant lifestyles, but instead, years of managing life have accelerated the downhill path, making life increasingly unsatisfactory, and a good hand of cards has been ruined by oneself.
Some people might think that my losses in contracts are just an isolated case, simply because I am a novice with insufficient experience and have not yet mastered the methods.
Based on what I have seen and heard in the cryptocurrency world over the years, I can responsibly tell everyone that this is not an isolated case. It’s not that you are not smart enough, but that your direction is wrong, and you can only head down the wrong path.
It's like how the potatoes you plant will never grow into corn; the path determined leads to a certain outcome. This is the way of heaven.
Because many people’s original intention in doing leveraged contracts deviates from the essence of investing, which fundamentally is just about 'greed'. Greed for more, greed for faster.
We can see in TV dramas and in life that those who are overly greedy ultimately face such outcomes.
When I first entered this field, I didn’t realize these issues either. I thought a certain level of greed in people wasn’t necessarily a bad thing; investing is all about profit.
I am very fortunate to have met Sancai, my mentor, who timely helped me hit the brakes and made me see through many real and bloody examples from others. I realized that if I didn't recognize the severity of the potential problems, my consequences would be dire.
When I first entered this circle, I envied those who had already gained a lot, but eventually some of them lost their money back to the market due to their greed, not learning, and floating around. Now, some have already exited the circle, in debt, and struggling to get back on their feet.
Pursuing a good life or money itself is neither good nor bad, but exceeding one's own capabilities and understanding, being overly greedy, and unwilling to improve oneself will definitely bring disaster upon oneself.
For example, many people trade in the cryptocurrency market but are completely ignorant of the industry, unable to understand the market trends, the currencies, or the trading. Yet they have a big attitude, coming without any thought of losing money, only wanting to earn several times, even dozens of times, and looking down on anything less.
This is what being overly greedy looks like. Without the ability to recognize things, one can present a state of ignorance and fearlessness.
The financial market is at the forefront of all industries, and the cryptocurrency world is a place where human nature is very restless and complex.
In this field, those who diligently do their own work, focus on improving themselves, and believe that slow is fast will not get lost in it. When they look back, they will already be winners.
Because 80% of people midway became too smart. Being smart is the enemy of wisdom.
That's all for today. I hope to bring you a bit of help and inspiration.
Investing is a lifelong matter, not just a single transaction. Mastering a complete trading system is our key to long-term stable profits.
We are all fortunate to enter a sunrise industry, but how far each person can go in this field depends on whether they become early investors in the internet, changing their fate through trends, or just a speculator looking to make a quick buck. This depends on our understanding.
Success in any industry belongs to that small minority who are focused and professional.
