First of all, they definitely are not contract players. None of the contract players I know are making money. Even if they made money at some stage, the final result is still a total loss. In fact, 90% of the essence of contracts is gambling, making money through probability. Only the remaining 10% can earn money through skill. Here is a piece of advice for those who want to recover losses or make money through contracts: so many people who lose money still stay in the crypto circle just to recover their losses. However, there is a harsh reality: most people cannot recover their losses and cannot make money, especially those who want to recover losses through contracts. They are simply delusional. The few who make money through contracts in the market are rare, and it is very few. Don’t fantasize about why you are not that person. To be honest, if you want to recover losses through contracts, you are really not cut out for it. No matter how much you lose, it’s the same. Even if you go bankrupt, it is impossible to recover losses through contracts. Therefore, I advise those who want to recover losses through contracts to quit contracts, or in other words, to quit gambling.
What should spot players do if they lose money?
First, if the losses are not too much, and the principal is still relatively large, meaning that the principal and losses are balanced, then recovering losses is relatively simple and easy, or it can be said that it is possible to recover losses with a fivefold increase or less. But the most important point is the buying and selling points. If you are trapped at a high position, it becomes difficult. Most people can make money when the bull market starts or during the main upward trend of the bull market. Losing money usually happens because they don’t understand when to sell. After selling, during the main force's distribution phase, they repeatedly enter the market and get harvested at high positions. Therefore, for retail investors, the selling position is very important, but selling is not the most important thing.
The most important thing is to be able to remain in cash and wait after selling, which most people cannot do. It should be that 95% of retail players cannot do it, and this is the fundamental reason why most people lose money. If you can sell at a relatively high point and not be influenced by analysts in the market after selling.
