Contracts: Both a money printer and a money shredder. Want to hear some heart-wrenching truths?
Globally, 83% of the myths of sudden wealth have the shadow of contracts behind them. But the harsh reality is that 98% of retail investors ultimately become cannon fodder. This thing is not designed as a playground for beginners at all.
How did it come about? You might not believe it, but it originally came from the 'lifeline' of Chicago vegetable farmers in 1848. The price volatility of vegetables was too severe, and farmers were losing everything, so they used contracts to lock in prices around 5% up or down, seeking stability.
Traditional contracts: 5% volatility? Very stable.
Crypto contracts: Leverage starting at 125 times! Some small exchanges dare to go as high as 300 times, 400 times! This is like tying your life to a hair and swinging on a swing!
More heartbreaking facts:
90% of retail investors open positions right on the edge of liquidation! Licking blood on the blade, it’s all about the thrill.
What about institutions? Their stop-loss lines are a full 300% lower than yours! Very stable. Just like Tesla, using contracts to hedge risk is a protective charm; while exchanges? Using perpetual contracts to eat up your margin is a harvesting machine!
The essence of contracts: The ultimate form of zero-sum game. Every penny you earn comes from the liquidation notice of another unlucky person's account! The bigger the leverage, the greater the temptation for profit, and the faster the speed of capital erosion!
Dark side? Exchanges use 'insurance funds' to fill holes? Big players collude to manipulate prices? On-chain data reveals that 30% of liquidation orders from a certain large exchange actually come from the same IP cluster! This is targeted demolition at dawn, my friend!
When contracts become spiritual opium, and leverage turns into a noose...
Soul-searching question: In this cruel zero-sum game, do you think you are the calm hunter, or the prey waiting to be slaughtered?
Don't operate blindly, pay attention to Big D, a professional team will help you avoid pitfalls and dig for gold! Make the path of asset appreciation clearer!