Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
#BTC
Many people misunderstand how to make money in the crypto world, actually.
They think that making money in the crypto world is about speculation, watching the prices of the assets, buying low and selling high to profit from the price difference. This understanding is wrong. No matter how hard you work, you will lose money. The essence of buying low and selling high is to look into the future from the present, whether the consensus will expand. It's that simple - right makes money, wrong loses money.
For example, a coin's project is very valuable, everyone says it's good and buys it, then it definitely won't make big money. Not losing money is already lucky, and the profit is certainly very meager.
When everyone is saying it's good, there is no cognitive difference between people. The cognitive difference is actually the difference between the future and present value of the coin, not the difference in the current coin price. In the crypto world, it's about those who have cognitive understanding earning money from those who have cognitive understanding or lack thereof.
So if you want to make big money in the crypto world, you must buy assets that will expand consensus at some point in the future. Or when the market is in despair and everyone is cutting loss, you either enter or hold on without selling. Your cognitive behavior is different from theirs, this is a cognitive difference. If your judgment is correct, you will get rich in the future.
This is the correct methodology for buying low and selling high. What you need to do is to be different from most people and do it right. Suppose one day Bitcoin has become a well-known asset, and you go to deposit money, and the bank staff asks you if you want to buy some Bitcoin financial products. At that time, the basis for further expansion of the consensus may no longer exist, and the returns may become very ordinary. Perhaps that will be the time for you to sell BTC.