Short-term trading, futures, leverage, contract trading—these stimulating and tempting financial tools easily evoke thoughts of a casino. They all contain the possibility of quick wealth, while also harboring the risk of losing everything. In the ever-changing market, traders' mindsets resemble a roller coaster, where heaven and hell often exist in a single thought. The immense pressure acts like an invisible shackle, tightly binding their nerves; being in such a highly tense state for a long time can easily lead to mental or psychological issues.
The life trajectory of legendary trader Livermore serves as the best example; he ultimately ended his brilliant yet short life by suicide, which is thought-provoking. For this reason, I have always advocated that ordinary people should resolutely stay away from these high-risk investment tools, as the meaning of life lies in the pursuit of happiness and inner peace, rather than staring into the abyss and suffering in endless anxiety. Steady investment, rather than speculative gambling, is what allows one to truly embrace happiness and enjoy the beauty of life.
Spiritual freedom is priceless, and even the world's richest may not possess it. It is a freedom that transcends material levels, a form of inner peace and tranquility. This freedom stems from the affirmation of one's own value, from a love of life, and from a profound understanding of the meaning of life.
Of course, for an adult whose cognition has already solidified, change is extremely difficult. Unless subjected to strong external stimuli or driven by intense personal desires, it is hard for them to actively update their cognition. For most adults, the most primal desires in reality—wealth, reputation, and sex—are often the most effective driving forces. Some malicious projects exploit people's cravings for these desires, weaving captivating stories to ultimately achieve their harvesting goals. This is the core essence of many scams.
Understanding this, we can be more cautious when judging projects. Those that overly emphasize wealth, reputation, sex, or similar narratives deserve our vigilance. In many cases, maintaining a certain level of 'moral cleanliness' can effectively reduce the probability of being deceived, scammed, or robbed. Although projects that uphold lofty ideals may not always succeed, I still prefer to invest my time and energy in those that truly have value and meaning.
Compared to traditional finance, the risks of centralized exchanges are far greater. Traditional financial markets at least have the supervision and constraints of regulatory bodies, while centralized exchanges can almost be equated to casinos in real terms. The lack of transparency and regulation makes it easier for traders to be manipulated and deceived, significantly increasing the risk factor. This further highlights the importance of cautious investment and rational choices.