Let's talk about the cryptocurrency world!
Many people have indeed made money in the cryptocurrency world, but unfortunately, most people lose money later. The reason is actually very simple:
1. At the beginning, they were bold and made some quick money, so they thought they could make more. So, regardless of the risks, they continued to increase their investment, even borrowing money, playing with leverage, and speculating on contracts. What was the result? It was like riding a roller coaster, and the money they made was lost again, or even more.
2. They didn't know much about the cryptocurrency world, but just followed it when they heard that they could make money quickly. They were cautious at the beginning, but later they placed heavy bets when they saw the surge. As a result, they bought at a high price and couldn't bear the liquidation.
3. Some people were already in debt and wanted to turn over in the cryptocurrency world. At the beginning, they won a little money, and they became arrogant and forgot the risks. As a result, they invested more and more, and owed more and more debts, and finally they couldn't extricate themselves.
In the cryptocurrency world, it is often difficult to keep the money earned by luck for a long time. Even if you succeed occasionally, if you don't treat it rationally, you may end up with nothing.#Financialknowledge #Blockchain
If you don’t know how to operate and have no idea, just follow the brick movers. I am willing to be a beacon in the dark transactions!