My viewpoint differs from 90% of the bloggers in the market because I avoid contracts; what you think is often influenced by your investments. The only time I experienced a total loss in cryptocurrency trading was when I bought leveraged tokens in 2021. If you're unclear about what these leveraged tokens are, please research them yourself. Although it was only 3x leverage, it was definitely a huge pitfall. I clearly remember heavily investing in the leveraged token of shusi on May 17, when the price was around $70 each. Then came May 19, the worst day in the crypto world, when shisi's leveraged token plummeted to $1, nearly hitting zero. At that time, I was completely stunned. The profits I made from spot trading dot and aave in the first half of the 2021 bull market, along with my principal, were all wiped out. A bloody lesson, which is why I repeatedly emphasize that the logic of investing lies in: first, choosing the right cryptocurrency; second, controlling your position size; and third, avoiding contracts. I hope you all become rich by 2025! #btc #AAVE #dot
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