Can you make a fortune through contracts?
I have grown from a capital of 100,000 to almost 2 million, mainly relying on spot money, but today I want to say something different from others, the heartfelt words of an old leek who has traveled through bulls and bears.
If you want to change your life, please read it!
I wonder if you often see the phrase "stay away from contracts and cherish life"?
Everyone who enters the currency circle hopes to find a hundred-fold or a thousand-fold coin. Thinking about the saying that the currency circle lasts for ten years, but today is no longer that era.
If you are an ordinary person without much original capital, and you want to invest in Bitcoin or Ethereum, where making big money can change your destiny, in the past, I would have asked you to buy Bitcoin and Ethereum, and you can also make big money on spot. But now if you don’t have much capital, if BTC rises to 100,000 dollars, it will not allow you to completely change your life.
Don't get me wrong, some higher-risk ones may be more suitable for you. The profits and losses come from the same source. The amount of risk you can bear will be the amount of reward.
Do you hoard coins in the bear market and achieve a hundred-fold increase in the bull market and change your life? I tell you from personal experience that this is a delusion. Nowadays, there are so many currencies in the currency circle that they almost exceed the number of leeks. Financing projects are being financed one after another, and new coins are being launched. The growth rate is faster than that of leeks. Look at the average increase of new coins on Binance and Ouyi. The market value is inflated when listed, and the valuation is outrageous. Institutions continue to invest in projects, get chips at almost no cost, and go online. Instead of selling, let Leek take over for them. They cash out the funds in the currency circle. The daily trading volume is tens of billions. The valuation of a project on the market is 10 billion. The liquidity of the entire market is less than 1%. The current serious anemia, maybe this is The nature of speculative markets.
If you say that many people have become free by relying on Shigou, that is a very small number of people. I would not want to touch Shigou. If you want to touch Shigou, it is better to study contracts and futures. Even if you leave this circle, there are still many trading targets to choose from. .
In this market you need to be proficient in one skill. There are so many things that can be done in this industry, and unless you have experts around you, it will be difficult to keep up with the pace of the industry. If you want to improve your cognition, the fastest and most effective way is to ask experienced people for advice or through books. Be sure to remember that mastery is the same as mastery. Don't try to grasp everything, otherwise you may not be able to do anything. Of course, please put away your prejudice and laziness, invest your energy, collect information, and do in-depth research. This is far more important than money.
First of all, we must recognize the situation and ourselves. The purpose of coming to this circle is to change our lives. Please construct a complete plan for yourself. When to buy? When to sell? What target to buy and what is the strategy? ?How to do risk control?
I communicated with my friends and repeatedly emphasized that most people can only make trend money. In many industries, as long as you persist and work hard, you can be at the top, but losing money is normal in the investment market. People who are smarter and harder than you here still lose money. Why should you definitely make money? Investment is to make money with money, and there is too little capital. , it is easy to breed gambling. Gambling is not terrible. We must gamble with principles. Since we gamble, we should bet on the one with the highest profit-loss ratio.
What is a trend is that the bull market lasts for one to two years. Make plans during the bull-bear transition time, follow objective laws and data, and be long-currency-based to accumulate your own original assets.
Pay more attention to new projects. People now like new things and new stories. New coins that have just been listed on Binance in the bear market can be circled. Don’t buy them just after they are listed. Spend some time and energy to analyze them from multiple angles. Study them. The research is good, and it is correct to continue buying in batches at this time.
Nowadays, the currency circle is developing very fast, and in this environment, learning needs to be strengthened. Risks and returns coexist. The market has now passed the barbaric growth stage, and potential profits are declining rapidly. If you want to get rich but don't want to pay too much attention to these, then the only thing left is contracts, and contracts even have more possibilities than altcoins.
I used to be like most people who came in. Many seniors told me to stay away from contracts and cherish life, but I have always felt that the contract market is a very great product. The currency circle itself is a game of gambling, a game of human nature, a zero-sum game. Since it is a game, we must first understand the rules of the game. The maturity of human investment logic is to constantly understand the rules of the game in this market.
The current currency circle is more speculative. Don't look at things with prejudice, and don't think that you are right. Others are fools. Enlarge your mind and think about problems from multiple perspectives. Everyone has what suits them. Way, Buffett can make money from value investing, and Soros can also make money from speculation. No one is necessarily correct and suitable for you. The best result is the best. Please stop being lazy and spend time and energy to strengthen your trading system. , you will not lose this opportunity to change your destiny again in the future.
Of course, first build a long-term plan and understand the spot bands thoroughly. Please start your contract trading. I think contracts are very good investment tools. Not only can you make money when the market rises, but you can also make money when it falls. It can also be used When hedging spot goods, it is your fault that you lose money and liquidate your position in a contract. It is a problem with your trading system and trading plan. This is not the fault of the contract itself. The existence of the contract itself is like a tool. What is wrong with tools? It is the use of tools. Its people made mistakes, why should they let the contract tool take the blame for this mistake? You lose money because you have not established a trading system, have no discipline, have a bad mentality, do not have a stop loss, and do not have a good reference to analyze the contract. Tool, this tool is available for everyone to use as a reference. If you are interested, come and get it.
Let’s understand the advantages and risks of contracts. Can we really fight against human nature and not liquidate our positions? I think the currency circle is now a speculative market. No matter how big the market goes, there is a ceiling. Ordinary people can still buy spot products at that time. Is there an opportunity? Some people have little capital. Do you think there is any way to accumulate capital faster in today’s market?
I'm Yiming, welcome to flirt. Choice is greater than effort, the circle determines destiny!