Brothers, today let's talk about some heartfelt words. In the cryptocurrency world, playing contracts is really not something everyone can handle! I've seen too many friends lose everything playing contracts, and to put it plainly, they are just giving money to the market makers. Here are a few points I want to share; if you find yourself in this situation, it's time to stop!
First: Getting hot-headed, always wanting to get rich overnight When you first enter the cryptocurrency world, you think about 'ten times leverage all in', 'making enough for a house in one go', staring at your phone every day for short trades. What happens? Either you lose everything overnight or your account slowly dwindles away. Listen, contracts are not an ATM; they are specifically designed to harvest the dreams of those who want to get rich!
Second: Not understanding anything, relying purely on luck Some people can't even understand candlestick charts and think technical analysis is all a scam. Making trades based solely on feelings is just like flipping a coin to guess heads or tails, right? Over time, if you don’t lose money, who will? I've seen the most ridiculous friends who can’t even explain what Bitcoin is but dare to open contracts...
Third: A shattered mindset, constantly anxious Opening a trade feels like a matter of life and death; you can't even blink. When the price rises a little, you fear it will drop back; when it drops a little, you're reluctant to cut losses. What happens in the end? You stubbornly hold until liquidation! To put it bluntly, it's both greedy and cowardly; wanting more when you make money and unwilling to admit defeat when you lose.
Fourth: Saying one thing and doing another Clearly planning to stop losses, but when the time comes to cut losses, you hesitate; saying you want to hold for the long term but can't resist the urge to trade when you see fluctuations. Listen, playing contracts like this is just giving transaction fees to the exchange!
Fifth: Always wanting to gain everything at once The real money-makers are those who carefully observe trends and slowly position themselves, setting stop losses and then closing the software. But you, every day staring at the charts and chasing highs and lows, in the end, you earned nothing and lost a lot of hair. Remember this brother: 'Look at the charts less, make more money'!
Finally, let’s be honest: Contracts are truly not something you can just play around with. If your knowledge, skills, and mindset are not up to par, I advise you to stick to buying spot trading! Otherwise, the hard-earned money can be sent to the market in an instant.
Lastly, I wish all my brothers a prosperous daily life and a wonderful future!
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