Is it necessary to persist in the cryptocurrency circle if you keep losing money?
It is normal to keep losing money in the cryptocurrency circle.
Take this bear market as an example. The ones who suffered the most losses are the leeks who have been in the cryptocurrency circle for about 2 years.
The newbies who have just entered the cryptocurrency circle have not had time to get in touch with the routines of the cryptocurrency circle. It is difficult for old leeks who have been in the cryptocurrency circle for more than 5 years to lose money.
It is this wave of leeks, about 2 years. They understand the primary market, like to play contracts, have not experienced the bull-bear transition, and think that their talents are enough to wipe out all the injustices in the cryptocurrency circle.
In the end, they suffered heavy losses in this wave of callbacks.
It is difficult to lose money without violating the basic taboos of the cryptocurrency circle.
First of all, the contract: Can the contract be played? First of all, the contract: Can the contract be played?
Of course you can play. But don't expect to make a fortune with the contract, just have fun, don't be too involved.
It's good to have fun with small money. The money invested in the contract must be prepared to explode, because the contract can be controlled. The exchange can use a large number of chips to crush the market in a short period of time and control the market trend, which is the so-called pin.
To put it bluntly, they want you to explode and they will explode.
You think you are playing a fair game, but in fact you are just meat on their chopping board. With the leek as a contract, they often like to go to the top. If you win more and lose less, you will lose your mind. You have forgotten the previous operation strategy and can only lose money.
The second is debt: as a risky market, the biggest opportunity in the currency circle is to borrow money for investment.
Not only the currency circle, any investment behavior cannot borrow money for investment, because once you start borrowing money, you are destined to lose money.
Borrowing money has a cost. In the currency circle, you can only pick up the wound. Once it falls, the huge borrowing cost is enough to crush you.
The mentality will also be affected. I like to watch the market at any time and like to operate frequently. In order to quickly recover losses in the falling market, I will choose to stand out alone and eventually lose all my money.
You may think that God will not let you suffer so much, but the fact is that the cryptocurrency world is even more cruel than you can imagine
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