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I often receive similar complaints from the backend. Someone says they haven't had a full night's sleep for nearly half a year, their eyes are full of candlestick charts, but their pockets are only left with some small change. The most ironic thing is, every time they swear in their heart "I won't touch contracts," but their fingers react faster than their brain — the moment they open a position, all rationality disappears.
Honestly, this is not an isolated case. In the crypto market, there are traders everywhere who say "I'll stop, but their bodies are honest."
Over the years, I've seen too many cases, and it's necessary to clarify the underlying logic. The real deadly attraction of contracts, frankly, is not "making money," but the illusion created by that "quick money." I've seen the craziest example: a principal of 1,500 yuan, riding a wave to 40,000. That feeling of "being able to achieve financial freedom just by lying down" — more exciting than winning the lottery. However, there's one thing everyone overlooks: the volatility of the crypto market ultimately is a game of capital. Leverage of dozens of times seems to amplify gains, but in reality, it pushes risk to the limit.
Beginners often compare it to stocks, thinking that the limited daily fluctuation of stocks is too boring. But you must understand a fact — the 10% daily limit on stock price movements is a protective mechanism. And in the crypto market, doubling in a day or halving directly? Behind it all is just harvesting the chives. Those who advise you "try one more time and you'll turn things around" are essentially squeezing your unwillingness to give up.
I've seen too many people, in order to recover previous losses, repeatedly add leverage, only to end up losing all their principal. The chance to turn things around? Gone.
But there's one thing that's easy to forget — the market is always rolling, and there's no shortage of opportunities in this wave or that one. Truly skilled traders never gamble on the market; instead, they use systematic thinking to control risk. This is the only way to survive long-term.