A man trading cryptocurrencies, how does he return to normal life? To be honest, it's very difficult.
I have a friend who initially just tried playing with contracts, starting with 1500 in capital, and in two days, he made it to 40000. At that time, he thought he was the Buffett of the crypto world, making money so easily.
Although later, due to heavy positions, all-in bets, and holding onto losing trades, 40000 turned back to a few hundred, he was already hooked.
Every day he stared at the market, not eating or sleeping, saying "contract traders don’t even play," but as soon as there was an opportunity, he rushed in more than anyone else.
Contracts, to put it bluntly, are all about speed. With dozens of times leverage, if you bet right on a market wave, the capital climbs rapidly. It’s faster than stock trading and more thrilling than gambling; you can earn a lot but also lose heavily.
Stocks can fluctuate a maximum of 10% in a day, while in the crypto world, a 100% swing in a day is not unusual.
Once you’ve tasted the sweetness, there’s only one thought in your mind: I can still turn it around.
But the reality is, most people don’t get the chance to turn things around before the market has cleaned them out.
This is also why once you start playing with contracts, it’s really hard to turn back.
It’s not because of greed, but because it’s too fast, too exhilarating, too much like a dream.
— The dream is too beautiful, and the cost is too high.