Speculating in cryptocurrencies can be highly profitable, but it also comes with significant risks. Imagine investing 1,000 yuan (RMB) in stocks and achieving a tenfold return in a year—that’s a remarkable outcome. Yet, how many actually manage to achieve such returns? Even if you do, you’d have just 10,000 yuan. In contrast, cryptocurrency speculation could result in losing everything in just three days, but there’s also a slim chance of substantial wealth.

The leverage available in cryptocurrency trading offers an opportunity for knowledgeable individuals to turn a small investment, like 1,000 yuan, into a considerable fortune. Contracts, often viewed as risky, are misunderstood primarily due to a lack of understanding. For someone not engaged in contract trading, the question arises: Can you become wealthy by simply holding Bitcoin?

Contracts aren’t inherently dangerous. The key is to identify the market's bottom before entering a position. Before doing so, calculate the acceptable loss using a stop-loss strategy. If the position is correct, hold it; if not, execute the stop-loss and move on. By consistently applying this method, you can achieve steady profits. Many see contracts as akin to gambling tools because they approach them with a gambling mindset.

In essence, success in cryptocurrency trading depends on knowledge and discipline. It’s crucial to distinguish between strategic speculation and reckless gambling. For deeper insights and guidance, consider consulting with professionals. Remember, our goal is to be strategic speculators, not impulsive gamblers.

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