10 Harrowing Truths About Contracts: A Deadly Triple Blow
1️⃣ Faster than Lightning to Liquidation
A 10x leverage drop of 10% goes to zero faster than losing a game
2️⃣ Hard to Break the Gambling Addiction
Small gains → Increase Bet → Liquidation, this cycle never ends
3️⃣ Emotional Rollercoaster
Watching the market day and night, ending up with insomnia + going to zero
💀 The Harvesting Machine of the House
4️⃣ Losing Money Even When Prices Rise
After liquidation, a 100x increase has nothing to do with you
5️⃣ Platform's Under-the-Table Operations
Slippage / Spikes / Lag, the house has various ways to cut the leeks
6️⃣ Stop-Loss Becomes a Decoration
One spike down, no time to react
Ultimate Outcome
7️⃣ The More You Lose, The More You Gamble
Trapped in the "Recouping Losses" trap, until complete liquidation
8️⃣ A Life-and-Death Situation
Official Data: 90% of people lose everything and exit
9️⃣ Energy Black Hole
Watching the market day and night only brings dark circles and an empty wallet
🔟 Financial Freedom?
Wake up! Contracts are a "Bankruptcy Express"
💡 Blood and Tears Advice: Spot trading can only lose the principal, but contracts can leave you in debt! Live long to earn long.
Do you have stories around you about contract liquidations?