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What is the appeal of contracts?
Many people who go bankrupt still want to play
Clearly in the crypto world, contracts are like "devil's games," even though many go bankrupt and cry, still many dive into it,
Actually, why?
It's simple: adrenaline!
Contracts can "turn a little into a lot"!
With a small margin, we can move capital multiple times.
If the price rises, the numbers in the account seem to "skyrocket," making it look like you can get rich suddenly.
Who can resist this temptation?
And moreover, the market moves every day, up and down—it's all opportunities. $BTC
Stock prices only make you gape, but contracts can "short" for profit, even when prices fall, you can still make gains, it's so exciting!
Plus, with the abundance of information in the crypto world, whenever there's positive news, negative news also appears, and the gambler's mentality emerges: "I can predict it!"
Thinking about grabbing the chance to get rich quickly, but often the market teaches a bitter lesson.
What's worse is following others' psychology.
See others brag about contract profits, "Yesterday I got enough for a car down payment," "Tripled in three days," who wouldn't be interested?
Always thinking "If they can, I can too," hoping to enter the market, but forgetting the many cases of bankruptcy behind.
But the trap of contracts is very deep!
High leverage is a double-edged sword, when you're winning, it feels like heaven, but when you lose, it can be gone in an instant. $ETH
In the crypto world, there are no regulations, prices can change at any time, fluctuations can make us bankrupt, many people lose their capital or even still owe money...
If there's guidance, position control, and no greed, profits are still possible.
Simply put, contracts are like a casino, even though you know you’re likely to lose nine out of ten bets, you still can't resist trying.
Retail traders, without guidance, really shouldn't risk the hard-earned money.
Don't let the "quick wealth dream" make you lose your mind; think about life after bankruptcy, stay calm!
If you can't resist playing anymore, remember: don't go all-in!
Use money you're ready to lose, control your position, don't let contracts drag your life into the abyss.