I lost nearly 100,000 in the crypto contract market. Can I recover my losses by continuing to play?
Playing contracts is generally like this.
High returns come with high risks, and the risks of contracts are also related to the leverage multiplier you choose. However, my personal advice is that those with a larger amount of capital should not play contracts. This is because contracts exploit human greed; once you start tasting the sweetness of profit, you will completely fall into it, and in the end, you will lose everything, leaving you with nothing. I have yet to hear of anyone making a substantial profit solely from contracts; you can ponder the implications deeply.
Friends with less capital can consider playing contracts, putting aside some funds that won’t affect your life even if you lose them. Mainly because with too little capital, buying spot won't create much impact. That’s why I say this. However, weighing the pros and cons needs you to think it through yourself.
For those who took the long position on TROY yesterday, you really made a lot of money.
Friends who are currently lost and directionless in trading can comment with 1; this bull market will help you reach shore.
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