$BTC Square: Is anyone making money from this event contract? If you can profit from this feature, then you are really impressive. I didn't make money and I don't recommend new friends to play with it.
When it first came out, I was curious and at the beginning, I made some profit, thinking it was fun. Ultimately, after 25 rounds, I lost about 385 of my principal, and I never touched it again because I felt that I couldn't grasp it. The volatility in 10 minutes is too intense, and half an hour is too long; I held back from touching it again, maybe because I found it uninteresting.
At the last moment, sometimes a few seconds can lead to a different result. Similarly, with 250 units of oil, you can still decide whether to run or not at 50x or 100x on mainstream coin contracts. Winning streaks are very exciting, but losing streaks also exist...
If you're entering the crypto space, you should first understand what you want. Whether you’re in for short-term or long-term today, where to take it, and how much to set for stop-loss are all considerations. Profitable people should think about this problem before or after placing an order. Contracts must have stop-losses; otherwise, most people may win 8 times, but the last time they will lose it all because they held the position. You can just give it a try; there are too many examples around me, and I am the same. It is impossible to be right 100% of the time.