Why do so many people like to trade contracts in the crypto world?
Superficial reason: because of greed
Deeper reason: not only do they have the first point, but they are also stupid and lazy
Explanation: I am not against contracts; this thing is essentially a financial derivative, a neutral product
What I mean is that many people are greedy, stupid, and lazy. They are stupid because they don't know how to use options, and lazy because they won't act like P small generals sweeping the chain, so they only do contracts
And greed is because if you trade BTC honestly, control your position well, there’s no problem at all, and you’re not much different from those trading XAU/Forex
But some people are just greedy, pulling full leverage to gamble on altcoins
In the crypto market, if you want to make money, there are only two paths
Either you honestly follow the rules of the crypto world, analyze the fundamentals, and accumulate spot altcoins in a bear market
Or you trade according to the standards of a professional trader, treating BTC like a futures contract similar to gold
As a result, a bunch of AIs touching both ends become what was mentioned above