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I have supplemented the interview with three cryptocurrency trading guests by Master Xu and Brother Feng. One plays short-term meme, and two are high-leverage contract traders.
Short-term meme trading has developed its own system for making profits. He knows which part of the money he wants to earn and chooses not to profit from what is beyond his understanding. The other two who are trading contracts are really just resisting the positions, which is no different from pure gambling—a zero-sum game.
Especially, Brother Xiamen feels quite regretful. Entered the circle on May 11, 2021, and now has a debt of 150,000. During this period, whenever there was a bit of money, it went into trading without any spot investment. To be able to enter a 985 university through the national college entrance examination, one must have an intelligence level of at least 120, which means your thinking and logic should be clearer than the average person, forming your own logical system. After losing so much, you should have gained experience by now.
Whether you are from traditional academic schools (Wykoff, Chan Theory, etc.), trend followers, news traders, naked K traders, Fibonacci traders, astrologers, or even gossip traders, you choose to open a position with high leverage at least with some logic to back your bet.
But in fact, most of the people placing orders are just pure gamblers, thinking that since it has risen so much, it should be able to drop now, so let's place an order! Since it has dropped so much, it should be able to rise now, so let's place an order! I feel good today, let's place an order! ... Even after watching "戒戒", most people in "戒赌吧" are like this. Relying purely on emotions to place orders corresponds to real life, where those who mindlessly leverage themselves to pay a 30-year mortgage are the same.
Most people are too emotional about money, but they also say, how can I turn my life around if I don't gamble? First, you need to have the capital to gamble, at least a mental capital that is ahead of others. But after gambling for so long, your thinking has become rigid; how do you change that? Start by recording yourself. Many top KOLs began by documenting themselves. The more you record, the more it will gradually push you to learn new things. With traffic, you will compare and compete with others, forcing yourself to improve. Even if in the end you gain nothing, at least you become a KOL.