How can a person in the cryptocurrency circle return to normal life? To be honest, it's difficult.
My friend has been involved in spot trading in the cryptocurrency circle for five or six years, but he has always watched others make big money with contracts. Feeling tempted, he took out 3500U to test the waters and tripled it in a week. The money came too easily, making him feel like contracts were a casino tailor-made for him.
He then sold all his spot holdings and went all in on cryptocurrency, always opening positions heavily and holding onto them every day, losing thirty to fifty thousand in a day is considered minor.
Every day he watches the market, not eating or sleeping, saying "I won't play contract trading," but when there’s an opportunity, he rushes in like everyone else.
Contracts, to put it bluntly, are fast. With leverage of dozens of times, if you bet correctly on a wave of market movement, the funds shoot up rapidly. It's faster than stock trading and more exhilarating than gambling; you can earn a lot but also lose heavily.
Stocks can only fluctuate a maximum of 10% in a day, while in the cryptocurrency circle, a daily fluctuation of 100% is not unusual.
Once you've tasted the sweetness, there’s only one thought in your mind: I can still turn this around.
But the reality is, most people don’t get the chance to turn things around before the market wipes them out.
That's 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 beautiful, but the cost is too high.
