There are a group of people in the circle who always like to ridicule those who work in contract coins, openly or covertly, and sometimes label others with bad tags. Those of us who hoard coins are not necessarily any better than others.

For those who entered the industry in 2021, the threshold for entry is much higher than those of us in the early days. With the same capital, they now have very few opportunities to choose.

Most of the people in the circle are ordinary people, and their capital is very small. How much money do they have? It's probably only 5,000 yuan converted into RMB.

With such a small amount of capital, the cost of trial and error is very high, and there are almost no options. 700U is not enough to look good in any spot product.

There are very few spot options. It takes two or three years to find that the coin you selected has not been selected. You have missed a big bull market and have to wait another three or four years.

Some people also say that you can make money in real life to hoard coins, but the high employment rate since last year has caused many people to work hard and only have enough food and clothing. After finally squeezing it out from between their teeth and looking for a chance to make a comeback, contract became their inevitable choice.

Because with the same principal, they can choose several coins.

I used to think why not eat minced meat, thinking that I would earn money and then throw coins into the circle. But after reading more, I realize that when they make money in reality, the currency circle becomes an unattainable dream for them.

When they make contracts, they are just like the first wave of people who used leverage to buy houses in the early days, betting on future growth. If they wait until they have saved enough for a down payment to buy a house, the house price will already be out of reach for them.

So don’t look down on people who make contracts and say they are gamblers. Everyone wants to make money. Who is more noble than others?

What we hoard coins is just to gamble less and risk less. Gambling is gambling. How can we still bet on the same level? Aren’t we all a bunch of stinky money speculators?

As a veteran in the currency industry, although I say I have to let go of helping others, I still need to have the basic veteran spirit. You can tell Xinniao where the risk points of the contract are and how to reasonably protect your position. Say something that Xinniao can understand, and don't use a bunch of professional jargon. Xinniao looked at it with a confused face.

At the same time, just share some basic position management methods, and don't say anything that ridicules others.

I saw a lot of them in the square, and I just couldn’t help but complain, without targeting any specific person.