Why does liquidation keep happening, yet more people are playing contracts?
Because it gives people the illusion: making money too quickly. Theoretically, both long and short have a 50% win rate, but in reality, only one in ten can continue to make money.
Imagine this: take 10,000, open 100 times leverage. If right, it becomes 1 million; if wrong, back to delivering takeout, saving money to come back.
It sounds fair, but human nature can't withstand the test. When you really earn 1 million, you'll think: why not 2 million? When it reaches 2 million, you look towards 3 million. Until one day an extreme market condition flashes by, everything goes to zero.
When you lose 10,000, you are unwilling to accept it. You borrow online loans, swipe credit cards, continue to increase your stake, hoping for a comeback. As a result, the hole becomes bigger and bigger, until it can no longer be filled.
This is the script of most people: no one walks away from contracts unscathed. Either lose everything and leave, or lose everything sooner and leave.
Contracts provide not only money but also a heartbeat. Once had an eight-figure account, even if just numbers, it is enough to make people addicted. When rational, one understands, but once intoxicated, emotions take over. Only when the balance reaches zero do they wake up.
Do you understand? Wanting to make money long-term through contracts is as difficult as climbing to the sky. Unless you have your own trading system and execute it like a machine.
Otherwise, after the carnival, it ultimately ends up empty. #何时抄底?
Those who can survive in the market and still make money are always the ones who dare to reach out first.
Are you ready? @萧哥带单日记
Scan the QR code below to add me for easier communication in the Binance chat room #加密市场回调 $BTC $ETH



