Why do so many people like to trade contracts in the crypto world?
Superficial reason: Because of greed
Deeper reason: Not only do they possess the first point, but they are also both foolish and lazy
Explanation: I am not against contracts; this thing is essentially a financial derivative, a neutral product
What I mean is that many people are greedy, foolish, and lazy. They are foolish because they do not know how to use options, and lazy because they do not take the time to analyze the blockchain, so they only trade contracts
Then, greed comes into play, because if you trade BTC honestly, controlling your position, you won’t have any issues—there's no difference from those trading XAU/Forex
But some people are just greedy, leveraging everything for altcoins
In the crypto market, if you want to make money, there are really only two paths
Either you follow the rules of the crypto world, analyze the fundamentals, and accumulate altcoins in a bear market
Or you treat BTC like a futures contract, just like gold, following the standards of legitimate traders
As a result, a bunch of people dabble in both and become what was described above.
If you are just entering the market, come to me, follow me, and I will teach you to learn while you operate;
If you are already in a less-than-ideal situation, you can come to me, and I will help you, ensuring you do not keep making mistakes. If your positions are trapped, I will offer reasonable exit strategies based on your entry points.
Because everyone has different entry points when trapped, the solutions will also vary; some are suitable for conservative traders, while others are for aggressive ones.
I will definitely use the most appropriate methods to genuinely solve your problems and assist you in exiting.