The Three Major Temptations of Cryptocurrency Contracts: High Returns, High Risks, and High Thrills

Why is the contract market so lively despite the extremely high risks?

The reasons boil down to three points:

1. The temptation of leverage is too great

A 50% increase in spot prices is considered a huge profit, but with a contract at 10x leverage, that's a 5-fold return;

If it goes up to dozens or even hundreds of times, even small fluctuations can amplify into a 'fantasy of huge profits'.

Many people are drawn in by this expectation of 'quick doubling'.

2. You can go long on the rise and short on the fall

When the market is crashing, like during the wild spikes of CATI and ACT, spot traders can only watch helplessly.

But contracts can take the opportunity to short, turning others' panic selling into their own profits.

This flexibility is the greatest attraction of contracts.

3. The fast pace can easily lead to obsession

The characteristic of contracts is that you can gain quickly but also lose quickly.

When making profits, the mindset inflates, and when losing, you want to bet again to recover.

Over time, it becomes a 'gambler's mode'.

Some can hit the brakes in time, while others sink deeper.

To survive long in contracts, you must:

Maintain a steady rhythm in opening and closing positions - strictly execute risk management - pay attention to market trends and capital behavior - each trade must set take-profit and stop-loss

The world of contracts is a matter of moment: when the direction is right, it's an opportunity; when the direction is wrong, it's a deep pit.

Brother Xiao only trades real accounts @萧哥带单 , not fake ones. If you want to avoid pitfalls and profit, don't blindly feel your way; keep up with my rhythm to steadily eat meat. #美国零售数据逊预期 #易理华割肉清仓