Many people enter the cryptocurrency market with 5,000 yuan and buy PEPE spot to make a steady profit. However, after getting in touch with contracts, they find that they can make more money by leveraging in the short term, so they switch from spot to contracts.
Loss from 5,000 to 1,000 yuan, buy another 5,000 yuan to get back the money, quick entry and quick exit, lose all the money, enter 10,000 yuan again, the market falls, and only 10U is left. It is not the contract that harms people, but greed!
If you go all in, you can make 10 times or 100 times, but the more you gamble, the more you gamble, and it is common to blow up your position! Suggestion: take 1/10 to play contracts and stay up late to prepare; take 90% of the position to spot and diversify your investment.
The bull market is coming soon, there is no absolute way to make money, only reasonable operations! Newcomers who see BTC’s new high and want to enter the cryptocurrency market, first pay attention to me and learn knowledge to make up for the basics!
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