After playing contracts for so long, does anyone have any insights on contracts?
Every newcomer is full of confidence before engaging in contracts.
They all think of themselves as the chosen ones, very determined, and believe they will not be greedy, that they can control themselves.
Once they enter the market and start trading contracts, situations change, leading to two scenarios:
The first scenario is extreme luck.
The first trade results in a significant profit, enough money to avoid working for several months. At this point, they feel that workers are foolish and that they can just sit here and earn so much by merely moving their fingers.
They confirm that they are indeed the chosen ones, and the cryptocurrency world is the key to their wealth. At this time, who needs a job? They quickly resign and become a full-time contract god.
During this time, they are dazzled by the extreme fluctuations of wealth every day, completely forgetting what they previously said about being able to control themselves.
Of course, luck cannot always be good; contracts have a peculiar characteristic: you can win 100 trades, but one trade can lead to liquidation.
The final result almost always ends in liquidation.
The second scenario is extreme bad luck.
The first trade results in a loss, but not believing in bad luck, they continue to invest and continue losing, borrowing money and continuing to lose. Of course, there are times they make money, with extreme fluctuations in wealth.
In the end, they still face liquidation. At this point, many newcomers are already obsessed, believing that since they have lost so much money, they must recover their losses. They also believe they have figured out the rules of contracts through their money, thinking that as long as they provide their principal, they can definitely turn things around.
At this time, many people begin their journey of online loans...
The outcome is certain: liquidation... more liquidation...
Until they are deep in debt and ultimately have to exit the cryptocurrency world in tears, their lives plunging into darkness.
Meng Ke has always advised newcomers not to directly engage in contracts; contracts themselves are not inherently good or bad, but human greed is the fundamental reason for losing money.
Contracts are suitable for those with sufficient investment experience, who have a strict risk control system and professional market prediction analysis.
Although it may not always be accurate, making some small money is not an issue, especially when encountering a bull market or bear market, with sharp rises and falls; as long as they make one correct move, they can indeed be worry-free for life.
Of course, the premise is that you know when to stop and understand how to cash out.
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