Why shouldn't you get involved in contracts easily? Take a look at the real tragedy of the currency circle!

In the bull market in 2021, a friend of mine invested more than 700,000 yuan and made more than 5 million yuan in a blink of an eye. At that time, he made money on everything he bought and felt that the money was not enough. Later, he opened a contract account, and after learning for a while, he made a lot of money and was very happy.

One day he suddenly asked me if there were any good coins to invest in, and said that small coins were too inconvenient. When I heard it, my heart skipped a beat and asked him where the money came from. He told me that it was from financing, using a five-fold leverage, and the interest rate was not low, and it had to be deducted one month in advance.

At the time, I was worried that he would have problems doing this, but he was quite confident and said that it was introduced by an acquaintance in the securities department and it was absolutely safe. But I already felt that the market was about to end, and I persuaded him to clear the contract account for three consecutive days, but he just didn't listen and felt that there would be no big problem.

As a result, just a few days before May 19, Musk suddenly announced that he would not accept Bitcoin to buy Tesla, and then Bitcoin fell into the abyss, falling 34% in one day. Other currencies also suffered heavy losses, with Dogecoin and Shitcoin falling more than 50% and 60%. Since then, I have never heard him mention the cryptocurrency circle again. Later I learned that he had blown up his account and lost more than 18 million.

That night he cried so hard that he almost did something stupid. His wife comforted him all night, fearing that he would do something extreme.

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