Why do people in the crypto world keep playing contracts endlessly? Or rather, why is it so hard to quit once you start?
Let's put it this way, you have a job that earns you 10,000 yuan a month.
But in contracts, if you take 10,000 yuan as the principal and do a 100x contract, as long as it rises by 1%, you can earn 10,000 yuan; if it rises by 10%, that's 100,000 yuan, which is your annual salary in just a few minutes.
How many people earn more than 10,000 yuan a month? How many people make 100,000 yuan a year?
Among those playing contracts in the crypto world, besides the experts who use large capital for small positions as spot traders,
there are only small-volume gamblers who rely on leverage to get rich.
In the crypto world, the price increases can fluctuate by 1-2% in extreme market conditions within seconds, which is just good luck; you can earn your monthly salary in one second and your annual salary in just a few minutes.
Got it?
Fresh contracts have no direction, just soak-boil-night.