The cryptocurrency world is a casino for highly educated, high-income young people.

If we were to count all derivatives in the world together,

If I had to point out the most dangerous thing within, I would undoubtedly say it is the cryptocurrency world.

contracts. How dangerous is it? I am already quite skilled in leverage-type trading, skilled enough to make me look back at doing it.

stocks feel even more difficult, and I would never touch contracts in the cryptocurrency world. Because its leverage is beyond orderly limits.

within the realm of rationality.

Once leverage shakes hands with chaotic volatility, the trading arena will turn into a complete casino.

There is no educational requirement at the casino door. The gambling nature is a spear of human nature, easily piercing through higher education's cloak. Graduate students, PhD students from 985 and 211 schools lack.

the ability to measure risk, let alone manage it. Unfortunately, the overlap of KOLs in this circle with idols from the 85-00 generation, such as.

Jay Chou, Li Xiaolai... They have not set a good example for young people, instead attracting many fans to enter the doors of the casino.

For those without a financial background, to play derivatives well, one must first understand trade/market. At this stage, you can look at the Dow Jones.

Index, this is a standardized, highly liquid index that can help you understand what trading means. There are many interpretations about it.

You can find observational entry points based on your industry and work. Additionally, you can choose the S&P 500, S&P 100.

Russell/1000. The purpose of this step is to understand non-leveraged trading.

The second step is to understand leveraged forward trading, looking at crude oil. This adds a concept of time pricing compared to the first step. Other aspects remain the same.

Because there are many influencing factors, and since 2024, the weight of supply and demand in the industry affecting its price has decreased, while financial attributes and macro.

The weight of observational attributes is rising, making it easier for outsiders to observe and think.

The third step is to understand options trading, you can look at options for Tesla, Meta, and Nvidia. Here, do not look at the indices in the first step.

Options are better replaced with U.S. stocks and commodities, or ETF options within ETP options. This step is very difficult, challenging in understanding.

Many believe that options are something only high-IQ individuals can afford, or they are simply illusory lotteries. The investor education in Chinese is very poor.

It's not good, you could say it's very poor. Most people have misunderstandings about futures, let alone options. In fact, options are the best.

Risk management tools, particularly elegant, old money old school. Of course, the premise is that you must know how to use them.$XRP $ETH #美国初请失业金人数 #以太坊十周年