The first time the disk was all green, and I am still losing 5$$000U. Compared with some retail investors who make tens of thousands or even hundreds of thousands of U, I am a "small shrimp" retail investor.
As an ordinary working class, I got to know cryptocurrency through Xiaohongshu in early February (now looking back, this is called "blind" entry), and started real trading without any relevant knowledge.
From the initial profit of more than 200 U to the final loss of 6,000 U, this is still under the condition that I control my rationality and burn most of my savings from working for several years, even loans, as fuel in the currency circle.
Looking back on this period of time, I really played the mentality of retail investors and gamblers in this circle to the fullest. Although I am a relatively rational person in real life, when you are in a market where you can magnify funds and speculate, you are tantamount to being on the gambling table.
It can be said that when you change U, your leverage has been magnified 7 times. In real life, people who are reluctant to spend 20 yuan to buy a pack of good cigarettes can make a profit or loss of more than ten U in a small order here. At first glance, it seems to be only more than ten yuan, but when you convert it into RMB, it is up or down one or two hundred. How many people in mainland China only have an hourly wage of more than ten yuan. If you add leverage, it is normal to make a profit or loss of one or two hundred U.
Therefore, in the process of opening an order, many people have inadvertently treated it as RMB. At this time, they have already taken on a layer of leverage. If they make another contract, they will take on another layer of high leverage. Some people even take out loans to enter the market. Through continuous operations, they have already set up three layers of leverage. $BTC $ETH