Why do so many people love trading contracts in the crypto world?
Simply put, because of the "speed".
Holding spot currency is too slow, and many small coins only keep dropping in value.
But contracts are different; you can short-sell and also leverage—there are opportunities to make money whether the market goes up or down.
For example:
If you use 3x leverage and the price rises by 10%, you make 30% profit.
But you might think: what if I had used 30x leverage, wouldn’t I have doubled my money directly?
It’s this fantasy of "making money faster" that makes it hard to resist.
But don’t forget, the speed of doubling your profits could also be the speed at which you lose everything.
When trading contracts, you must control risks, set stop-loss orders, and use spare money to participate.
Don’t gamble your future on an impulsive decision.
I am Wang Lin, an old trader who only speaks the truth.
