Why don't you play with contracts? Look at the real tragedy in the currency circle!
In the bull market in 2021, a buddy of mine invested more than 700,000 yuan and made more than 5 million yuan in a blink of an eye. At that time, everything he bought went up, and he felt that the money was not enough. Later, he opened a contract account, and after learning, he made a lot of money and was very happy.
One day he suddenly asked me if there were any good coins to invest in, and said that it was inconvenient for him to invest in small coins. When I heard it, my heart skipped a beat and asked him where he got so much money. He told me that it was financing, with a five-fold leverage, and the interest rate was not low, and it had to be deducted one month in advance.
At that time, I was worried that he would have problems doing this, but he was quite confident and said that he was introduced by an acquaintance in the securities department and it was absolutely safe. But I already felt that the market was about to end, and I persuaded him to clear the contract account for three consecutive days, but he just didn't listen, thinking that there would be no big problem.
As a result, just a few days before 519, Musk suddenly said that he would not use Bitcoin to buy cars, and then the big cake fell sharply, falling 34% in one day. Other coins also fell badly, Dogecoin, Shitcoin and so on fell by more than 50% and 60%. Since then, I have never heard him mention the cryptocurrency circle again. Later I learned that his position was liquidated and he lost more than 18 million.
That night he cried heartbreakingly and almost couldn't get over it. His wife comforted him all night, fearing that he would do something stupid.
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