Why do contract gamblers continue to thrive in the crypto space?
Let's put it this way, you have a job that earns you 10,000 yuan a month.
But in contracts, if you take 10,000 yuan as your principal and do 100x contracts, if it goes up just 1%, you can earn 10,000 yuan; if it goes up 10%, that's 100,000 yuan, which is your annual salary in just a few minutes.
How many jobs pay more than 10,000 yuan? How many people earn 100,000 yuan a year?
In the crypto space, aside from experienced traders who manage large funds with small positions as if they were spot trading,
there are only small players betting on becoming rich through leverage.
In the crypto market, price fluctuations can be 1-2% in extreme conditions in just a second, which means you're lucky; you can earn your monthly salary in one second or your annual salary in a few minutes.
Most people want to get rich instantly, believing they are the chosen ones! But remember, it's just a moment of good luck; gamblers ultimately end up at zero! Don't casually use leverage; this is the secret to surviving long-term in the market.