Some people will make a profit while others will get liquidated. Check the following points to see if you have been fooled!
The main reasons why many people in the cryptocurrency circle continue to play even after their positions have been liquidated are as follows:
1. Speculative psychology
1. Desire for quick profits
- People are often attracted by the high returns that contract trading may bring. In their view, despite the risks, contracts may be a shortcut to rapid wealth growth. Compared with other investment methods, they believe that contracts have the opportunity to achieve huge returns in a short period of time. This desire for rapid turnover makes it difficult for them to give up even if their positions are liquidated.
- For example, some people see others get rich overnight through contract trading in the cryptocurrency circle, so they have fantasies and feel that they may also become lucky people, so they continue to invest after the liquidation.
2. Unwilling to admit defeat
After the liquidation, many people are unwilling to fail, thinking that they are just unlucky or have made mistakes in operation, and they will definitely win back next time. This unyielding mentality prompted them to continue to participate in transactions and try to recover losses
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