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. The old leeks who have persisted in the cryptocurrency circle for more than 5 years are unlikely to lose money.

It is this wave of leeks who have been in the cryptocurrency circle for about 2 years. They know the primary market, like to play contracts, have not experienced the bull-bear transition, and think that their talents are enough to level all the injustices in the cryptocurrency circle.

In the end, they suffered heavy losses in this wave of callbacks.

In the cryptocurrency circle, it is difficult to lose money if you don’t violate the basic taboos.

First of all, the contract: Can the contract be played?

Of course it can be played. But don’t expect to make a fortune with the contract. Just make a small bet for fun, and don’t get too deep.

It’s okay to use a small amount of funds to have fun. The money invested in the contract must be prepared for liquidation, because the contract can be controlled. The exchange can use a huge amount of chips to smash the market and pull the market, and control the trend of the market in a short time, which is the so-called plug-in.

In plain words: if they want you to blow up your position, they can blow up your position.

You think you are playing a fair game, but in fact you are just meat on their chopping board. In addition, leeks often like to get carried away when doing contracts. If they win too much or lose too much, they will lose their minds. All previous operation strategies will be forgotten and they can only lose money.

The second is debt: as a risky market, the biggest opportunity in the cryptocurrency market is to borrow money to invest.

Not only in the cryptocurrency market, any investment behavior cannot borrow money to invest, because once you start borrowing money, you are doomed to lose.

Borrowing money has a cost. In the cryptocurrency market, you can only take advantage of the rise in the injury. Once it falls, the huge borrowing cost is enough to crush you.

As a senior cryptocurrency investor, I share my experience and insights for free. Are you interested in the cryptocurrency market but don’t know where to start? Follow me and see my homepage to take you to freedom in this bull market. 10$BTC