A piece of advice for newbies in the currency circle:

The stock market has 7 losses, 2 draws and 1 profit, and the currency circle is even more cruel. More than 90% of people are here to give away their lives. But even so, due to greed and luck, people always mistakenly think that they are among the 10% of people.

1. How do you know I am not the 10%?

A simple and rough judgment method: as long as you are not an exchange, an investment institution, or a professional trader with many years of experience, and you have no trading record of stable profits for more than one month in the past, then you are the 90%!

The currency circle is also divided into mining, spot, and contract. Mining and spot, as long as you invest in the long term, it is not difficult to make money. The most terrible and dangerous thing is the contract. It is not an exaggeration to say that more than 99% of those who make contracts will lose money.

2. The No. 1 Cancer in the Currency Circle: Contracts

And as long as people who have come into contact with the contract, more than 90% will suffer from a "terminal disease":

Loss of motivation for normal work.

Why? Because the contract makes money and loses money too quickly. It is actually gambling. When you have made thousands or tens of thousands of yuan in a few minutes, and your position has been liquidated by tens of thousands of yuan in a few minutes, and what you have liquidated is your income from one month and three months of work, what else do you want to do? normal work?

People who have experienced contract liquidation will gradually have a distorted view of money. They will lose enthusiasm for life and work, and in severe cases, there will be organic lesions in the brain, leading to depression (the kind that can only be cured by taking medicine). In addition, because I have made money before, I will definitely not be reconciled if my position is liquidated, and I will definitely make money. Therefore, when my position is liquidated, my forehead will be filled with blood, and I will recharge again after a few days of rest. However, the contract cannot be foolproof. If you make a mistake once, all your previous efforts will be wasted. Another blowout. So, don't expect miracles. Remember: There are no miracles in contracts. There are no miracles in contracts. There are no miracles in contracts.

Liquidation is only a matter of time.

Entering the currency circle, as long as you touch a contract and contract this "terminal disease", I'm sorry, you may not believe it at all. From the first time you liquidate your position, your suicide may be doomed. Unless...you completely exit the contract!

Follow my homepage and replace the gambling of contracts with stable daily returns and minimal retracements.