Let's put it this way, a job with a monthly salary of 10,000 might only last a moment in the contract market — with 10,000 in capital and 100 times leverage, as long as the market rises by 1%, you can earn 10,000.
In the crypto contract trading, there are generally two types: either big funds with small positions, treating contracts like spot trading and holding patiently; or small funds relying on leverage to gamble. How exaggerated are the fluctuations here? In extreme market conditions, a fluctuation of 1%-2% in a second is common, and with good luck, you can earn a month's salary in just one second.
In the market of low market cap coins, it's quite common to see a rise of ten or twenty points in one minute; even Bitcoin, the leader, can drop by 3%-4% in one minute when the mood is bad.
What makes contracts most addictive is the power of compound interest: turning 10,000 into 20,000 is a 100% return, turning 20,000 into 40,000 is also 100%, 40,000 to 80,000, 80,000 to 160,000... wealth accumulates like a snowball.
With the same 100,000 capital, making 1% in spot trading only earns you 1,000; opening a 100 times contract with a 1% fluctuation results in a 100% return, directly earning 100,000. The same market fluctuations yield vastly different returns.
At the end of last month, I tried a 100U 'Ant Position', and in one day it multiplied by 56 times, becoming 5600U — from 600 to 30,000, in just one day, it's enough to overturn the perception of 'making money speed'.
This era is too impatient; most people are unwilling to 'slowly get rich' and would rather gamble with high leverage. But what you don't see is that those who charge with 125 times leverage might still be holding enough spot assets to ensure they don't have to worry about food and drink.
