I have a friend who is a gambler. He entered the cryptocurrency circle a few days ago. His family has some money. He is a second-generation demolition worker. He is usually idle and likes to play poker and mahjong. He could have relied on the demolition money from his family and lived a carefree life, but I don’t know which friend instigated him to come to the cryptocurrency circle to play contracts. He didn’t enter the market at the right time. He just caught up with the waterfall in the past two days. He made hundreds of thousands of dollars from the BOME he made in the first waterfall. He was so happy that he found a few of our friends to have a big meal. As a result, he drank too much that night. Because he was a novice, he thought that it would definitely rise after falling so much, so he opened a lot of BOME. The next day, he woke up and found that his account was liquidated as expected. Then he found me and told me about this matter. I told him that there is only one ending for contract trading in the currency circle, which is bankruptcy. In a sense, contracts are more terrible than gambling. The ups and downs make people lose their rationality and basic judgment. People who play contracts are basically useless if they go bankrupt. They don’t care about the salary when working, and they don’t care about the profit when doing business. However, they are still useless. Finally, I asked him to prepare 50,000 U and taught him how to do quantitative trading. He knew that I had been in the currency circle for a long time and that I made some money. I was also a very reliable person, so he believed me and started to do quantitative trading. He used 50,000 U as the principal to do quantitative trading with a monthly interest rate of about 20%. He could make thousands of U a month and hundreds of thousands a year. Now is the bull market, and the oscillation of currency prices is undoubtedly the best time to do quantitative trading. The quantitative robot can automatically help him do the band 24 hours a day, so as to eat through the entire bull market, and then clear out the warehouse at the end of the bull market to make a profit. Finally, I hope he will not touch the contract again.
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