What is the easiest way to go bankrupt in the cryptocurrency world?
Contract
This can be said to be the biggest reason for going bankrupt in cryptocurrency trading. If you just started playing contracts and lost a sum of money, it's okay, many people will stop playing.
But the most unbearable thing is those who made some money right at the beginning. At this time, their self-confidence burst, they became arrogant, and they couldn't control their inner greed.
They felt that they were the chosen ones in the cryptocurrency world, the unique trading god. So they invested more and more capital, and the leverage became larger and larger. Finally, you went bankrupt in a pin or a black swan market.
This is the true portrayal of many cryptocurrency players. We must know clearly when we come to the cryptocurrency world that the cryptocurrency world is a very risky market. It is not an exaggeration to say that it is a casino.
Are we here to invest or to gamble? If it is gambling, we have many ways. Why spend so much effort and time to run the cryptocurrency world? The only purpose of our coming to the cryptocurrency world is to make a profit, and a long-term and stable profit! Short-term profits are not very meaningful in my opinion, because we still have a long life! What we want is to make money continuously, long-term and steadily, and finally achieve the overall leap of wealth and class. Rather than being a gambler who jumps up and down.
