Four years of experience in the cryptocurrency circle, let me come to the cryptocurrency entry record of the leeks one by one.
In the middle and late stages of the last bull market, I got to know the cryptocurrency circle through friends and entered it. This is also the only way for most retail investors to contact this circle.
The first step of the leek: A person starts to enter the cryptocurrency circle, with only contracts in his eyes, full, liquidation, continue, and then liquidation. All the cryptocurrency information outside is fresh and exciting. The 125-fold leverage is full, dopamine is excited, and there is insufficient sleep but still excitement.
The second step of the leek: slowly increase the principal investment and continue to lose money, start to receive external order information, want to improve the success rate of opening orders, join groups, teachers lead orders, still do not put the principal safety first, and disdain spot strategies, the spirit is further excited, and the loss wants to make up for the loss in time.
The third step of the leek, the market cruelly destroys your spirit, the loss makes you worry all day long, everything feels that you should not play big, you are not suitable for this market, but you never give up, and finally the principal loss is serious, you have to continue to work, and seriously start the road to repaying debts.