Why are most people not suitable for contract trading?
Because most people in the crypto space, when they first start, can't even understand spot trading. Buying and selling is all based on feelings; how can they possibly do contract trading well? Coupled with leverage, the fluctuations in the market are magnified to a terrifying extent.
Imagine, if you opened a contract with 100x leverage, even if the price of the coin only drops by 1%, your position could be liquidated immediately.
Even if the market later rises by 1000 times, you wonât have any share in it; it won't relate to you at all.
Many times, you may have a good grasp of market trends, but once the price of the coin fluctuates slightly in the opposite direction, you get 'liquidated'. The result is that your profit dreams vanish overnight.
This situation is not only faced by newcomers; even experienced traders encounter it. The risks of contract trading are immense, and often it is greed and impulse that cause one to suffer losses in the contract market.
Previously, the coins I laid out, such as BONK, DOGE, XRP, WIF, APT, OP, etc., have performed quite well. Moving forward, I will continue to focus on the lucrative opportunities in altcoins.
If you want to seize multiple opportunities in a bull market, now is the best time. Don't act like a 'headless fly', bumping around everywhere. If you want an easy entry and to share in the bull market profits, comment '111', and I will guide you throughout, ensuring you steadily profit! đ
