【Debt of 150,000 to earn USD and pay off debts】
Part One: A painful lesson of losing 164 dollars in half a month
Core Advice: Spot trading can be tried! Stay away from contracts! In the past half month, I have tentatively explored spot and contract trading in the cryptocurrency world.
Current record: a loss of 164 USD, account balance 436 USD (initial capital 600 USD). The lesson learned with real money can be summed up in one sentence: 😘😘 Spot trading can be played with lightly, 😭😭 but contracts should never be touched! Why do I strongly advise against contracts? 1. Once you enter contracts, it's like being in deep water: once you start, you'll constantly think about “recovering losses,” making it hard to pull away; 2. Zero-sum game preys on retail investors: while you think about making money off others, the whales have already set their sights on your capital; 3. In spot trading, if the price drops, you still hold the coins, but in contracts, if you get liquidated, you go straight to zero—especially with small capital, a single mistake can lead to a total loss! For brothers who are also struggling with debt:
Under the pressure of recovering losses, contracts are a high-voltage line. Rather than gambling with your life, it's better to focus on low-risk opportunities: • Airdrop tasks (like the KOGE scoring shared last time) • New coin mining on exchanges (Launchpool) • Stablecoin financial products (annualized 5%-8%)
Let's communicate! On the road of debt, communication is also very important 🥳 What safe ways to earn money do you all have? Feel free to share in the comments! #加密立法新纪元 $SUI
Part One: A painful lesson of losing 164 dollars in half a month
Core Advice: Spot trading can be tried! Stay away from contracts! In the past half month, I have tentatively explored spot and contract trading in the cryptocurrency world.
Current record: a loss of 164 USD, account balance 436 USD (initial capital 600 USD). The lesson learned with real money can be summed up in one sentence: 😘😘 Spot trading can be played with lightly, 😭😭 but contracts should never be touched! Why do I strongly advise against contracts? 1. Once you enter contracts, it's like being in deep water: once you start, you'll constantly think about “recovering losses,” making it hard to pull away; 2. Zero-sum game preys on retail investors: while you think about making money off others, the whales have already set their sights on your capital; 3. In spot trading, if the price drops, you still hold the coins, but in contracts, if you get liquidated, you go straight to zero—especially with small capital, a single mistake can lead to a total loss! For brothers who are also struggling with debt:
Under the pressure of recovering losses, contracts are a high-voltage line. Rather than gambling with your life, it's better to focus on low-risk opportunities: • Airdrop tasks (like the KOGE scoring shared last time) • New coin mining on exchanges (Launchpool) • Stablecoin financial products (annualized 5%-8%)
Let's communicate! On the road of debt, communication is also very important 🥳 What safe ways to earn money do you all have? Feel free to share in the comments! #加密立法新纪元 $SUI
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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