Why are there still so many people keen on speculating in cryptocurrencies?

Because this place allows you to use 500 yuan as 50,000 yuan.

This is the place where poor people are closest to rich people. Rich people have a lot of money and leverage, while poor people have little money and are subject to many restrictions in various other markets, or cannot reach high thresholds.

These restrictions are called protection, but when a gambler is about to lose all his money, what can protect him?

When you only have 500 yuan, what can you invest in? Save it? Eat something good? Or buy a low-priced stock?

There is a high possibility of liquidation with leverage. No one can judge the market trend, only speculation and estimation. Of course, more people are guessing and gambling. But for the poor, at least there is a chance, there is a thought.

Why do so many people buy lottery tickets when they know they can't win? Stupidity is only one aspect, and it is difficult to calculate the rate of return. Many people regard lottery tickets as a hope for life. The little money spent on buying lottery tickets is not helpful for a better life, but if you win, you can completely change your current life. It's the same as high-leverage cryptocurrency speculation.

For rich people, leverage is more comfortable to use. You can even enjoy the benefits without taking risks. As long as you open long positions on the currency standard and control the actual leverage below 1, it is difficult to blow up the position (U will not blow up if you open long positions on the currency). Under the premise that the currency price will always rise, you can always make more money (because spot = 1x long positions are inherently risky).

If this article is helpful to you, you may wish to pay attention to Caishen. If you have any questions that you don’t understand, you need to consult or want to communicate and learn together. Read the introduction of Zhuye and try to join the circle

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