Can ordinary people use leverage in a bull market to change their fate? The bull market in the cryptocurrency market is gradually approaching. Today, let's talk about whether ordinary people can use leverage in a bull market. Can leverage successfully change the fulcrum of fate?
After many people came to the cryptocurrency circle, they opened the door to a new world. It turns out that making money can be done this way. Especially after they came into contact with contract leverage, they just wanted to make money faster and more. They felt that saying one more word would affect their speed of making money. Their minds have drifted to this extent. But in fact, the cryptocurrency circle has experienced three waves of bull market so far. This wave is the fourth wave. In the past three waves, there have been countless curious babies who fantasized about changing their destiny through contract leverage.
The final result was that I didn’t make more money faster than I imagined, nor did I have a luxurious life with luxury cars. Instead, my life that I had been working for for many years accelerated downhill. My life became more and more unsatisfactory, and I played a good hand of cards badly. Some people may think that my loss of money in the contract is just an isolated case, just because I am a novice with insufficient experience and have not yet mastered the method. Based on what I have seen and heard in the cryptocurrency circle for many years, I can tell you responsibly that this is not an isolated case, it is not that you are not smart enough, but that you are going in the wrong direction and can only go on the wrong path. It’s like the potatoes you plant will never grow corn. What path you take is destined to what result, this is the way of heaven.
Because the original intention of many people to engage in contract leverage has deviated from the investment itself, in essence, it is all about greed.
Greedy, greedy faster. We can see in TV dramas and in real life what the final outcome of those who are too greedy is. When I first entered this field, I was not aware of these problems. I think it is not necessarily a bad thing for people to be greedy to a certain extent. Investing is for profit.
I am very fortunate to have met a mentor, my master, who helped me to step on the brakes in time, and let me see through many people's real and bloody examples what the consequences would be if I did not realize the seriousness of the potential problems. When I entered the circle, I envied those who had already gained a lot. In the end, some people returned their money to the market because of their greed, lack of learning, and drifting. Now some have retired from the circle, are in debt, and have been beaten by life and can't get up. There is no good or bad right or wrong in pursuing a good life or money itself.
However, if you are too greedy and unwilling to improve yourself beyond your ability and cognition, you will definitely bring disaster upon yourself. For example, many people trade in the cryptocurrency circle, but they know nothing about the industry, cannot read the market, do not understand the currency, and do not understand trading. However, they are arrogant and never think about losing money. They only want to make several times or even dozens of times more. They look down on anything less. This is greed.
Without the ability to understand things, one will be ignorant and fearless. The financial market is the top of all industries, and the cryptocurrency world is a place where human nature is very impetuous and complicated. In this field, only those who work hard to do their best, focus on improving themselves, and believe that slow is fast will not get lost. When they look back, they are already winners because 80% of people along the way are too smart.
Cleverness is the natural enemy of wisdom. I will stop here today and hope it will be helpful and inspiring to you. Investing is a lifelong thing, not a one-time transaction. Mastering a complete trading system is our winning magic weapon for long-term and stable profits. We are all fortunate to enter a sunrise industry, but how far each person can go, whether to become an early Internet investor in this field, change your destiny through trends, or become a speculator who makes a quick buck and leaves, all depends on our cognition. Success in any industry belongs to the minority of dedicated and professional people.
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If you are still underwater and can't see the trend clearly, the price will fall if you go long and the price will rise if you go short. Please get on the comment section for daily strategy layout!
