These days, many buddies have told me that they have been mentally confused and unable to sleep at night due to the contract. If you are also deeply involved, listen to a true story I tell.
I have a buddy who, in 2018 and 2019, was a small business owner, running an internet company, living a pretty comfortable life with a house and a car.
At that time, I was young and full of energy, plus I was lucky enough to make some money, so I was held in high esteem and felt like I was floating.
At a meal, I met someone who is into coins. He boasted about how much he earned in the coin circle. My friend entered the circle with a try-it-out attitude.
At the beginning, he was cautious, making a profit and then leaving, with a pretty high winning rate. At that time, he was full of confidence when he saw anyone, feeling like the chosen one in the cryptocurrency circle.
He found that this thing makes money much faster than starting a company! His courage also grew, and he began to act more boldly.
During this time, he also made a lot of money, but every time he made a lot, he lost it all in less than half a month. But he was not reconciled, still thinking about becoming a superior person in the future.
As a result, the market situation in 2021 has undergone a major change, and all the hard-earned savings have been wiped out! The mailbox is full of liquidation notices.
He summed up a lot, but didn't give up. He thinks that one or two mistakes don't count for much, just consider it as paying tuition.
So he sold all that he could sell, and borrowed all that he could borrow. His parents and wife advised him not to act impulsively, but how could he listen?
He's thinking of giving it another try, just one more time! He tells himself, stay calm, stay calm, everything will be fine for sure.
And with that, he put all his belongings in. He thought, this time double it, all problems solved.
But things went against his wishes. As soon as he entered, he began to lose money. The more he lost, the more he panicked. This was his last bit of savings, and he was unwilling to accept it. He kept increasing his position and adding to it, still holding onto the hope that things would turn around.
During that time, he couldn't eat or sleep well, he was in a daze all day, waking up in the middle of the night, afraid of liquidation. Staring at the computer, not even daring to go to the bathroom.
After enduring for a while, on the day of 519, he received a liquidation notice again. At that moment, he felt like the sky was falling!
From a happy and fulfilling life to a state of heavy debt. He regrets it, feeling that he was really not a good person at that time!
Later, the company's funds could not keep up, so it was unable to pay salaries and went bankrupt. The house was also forcibly auctioned off because it could not repay the mortgage.
Every day, faced with either paying off debts or family quarrels and complaints. In those days, besides regret, all he could think of was death. He has thought countless times about walking away from it all.
What about now? His credit history is all black, completely messed up, and he's gone back home to farm...
So, buddies, I really hope that none of you touch the contract! Those who play with contracts, none of them end well! It will only make you poorer and poorer!
Contracts will never make you earn big money, so don't have any luck in mind! As long as you are still in the car, no matter how many assets you have now, you will end up losing everything in the end!
The lessons learned in exchange for real money and silver, hopefully can help everyone avoid pitfalls:
1. Never go all in! The cryptocurrency market is volatile. Getting rich overnight is a myth, while going back to zero is the norm.
2. Do not touch the contract! You think you can control the leverage, but in fact the leverage controls you.
3. Don't believe in small talk! Various insider information, big shots calling for positions, are all routines for harvesting leeks.
4. Do not chase highs and sell lows! Buying like crazy when it goes up and panicking to sell when it drops are typical characteristics of novices.
5. Don't be greedy! When it rises, you still want it to rise; when you earn, you still want to earn more. Learn to take profit and secure your gains.
6. Do not easily trust the project party! The white paper is beautifully written, but the actual implementation is far from sight.
7. Manage risks well! Don't invest all your money in the currency circle, and leave enough living expenses.
8. Study! The knowledge in the currency circle is updated very quickly, so you need to constantly learn new knowledge and ways of playing.
9. Maintain a positive mindset! Fluctuations are normal, do not let temporary ups and downs affect your emotions.
10. Hold high-quality coins for the long term! I'm talking about three targets: Bitcoin, Ethereum, platform tokens.
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BrotherGangzi
· 2025-03-18 12:05
Thank you for the advice, pro.
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Yyxs0116
· 2025-03-18 08:00
Thank you for your sharing, a new sucker who just got on board for less than a month, salute to you.
These days, many buddies have told me that they have been mentally confused and unable to sleep at night due to the contract. If you are also deeply involved, listen to a true story I tell.
I have a buddy who, in 2018 and 2019, was a small business owner, running an internet company, living a pretty comfortable life with a house and a car.
At that time, I was young and full of energy, plus I was lucky enough to make some money, so I was held in high esteem and felt like I was floating.
At a meal, I met someone who is into coins. He boasted about how much he earned in the coin circle. My friend entered the circle with a try-it-out attitude.
At the beginning, he was cautious, making a profit and then leaving, with a pretty high winning rate. At that time, he was full of confidence when he saw anyone, feeling like the chosen one in the cryptocurrency circle.
He found that this thing makes money much faster than starting a company! His courage also grew, and he began to act more boldly.
During this time, he also made a lot of money, but every time he made a lot, he lost it all in less than half a month. But he was not reconciled, still thinking about becoming a superior person in the future.
As a result, the market situation in 2021 has undergone a major change, and all the hard-earned savings have been wiped out! The mailbox is full of liquidation notices.
He summed up a lot, but didn't give up. He thinks that one or two mistakes don't count for much, just consider it as paying tuition.
So he sold all that he could sell, and borrowed all that he could borrow. His parents and wife advised him not to act impulsively, but how could he listen?
He's thinking of giving it another try, just one more time! He tells himself, stay calm, stay calm, everything will be fine for sure.
And with that, he put all his belongings in. He thought, this time double it, all problems solved.
But things went against his wishes. As soon as he entered, he began to lose money. The more he lost, the more he panicked. This was his last bit of savings, and he was unwilling to accept it. He kept increasing his position and adding to it, still holding onto the hope that things would turn around.
During that time, he couldn't eat or sleep well, he was in a daze all day, waking up in the middle of the night, afraid of liquidation. Staring at the computer, not even daring to go to the bathroom.
After enduring for a while, on the day of 519, he received a liquidation notice again. At that moment, he felt like the sky was falling!
From a happy and fulfilling life to a state of heavy debt. He regrets it, feeling that he was really not a good person at that time!
Later, the company's funds could not keep up, so it was unable to pay salaries and went bankrupt. The house was also forcibly auctioned off because it could not repay the mortgage.
Every day, faced with either paying off debts or family quarrels and complaints. In those days, besides regret, all he could think of was death. He has thought countless times about walking away from it all.
What about now? His credit history is all black, completely messed up, and he's gone back home to farm...
So, buddies, I really hope that none of you touch the contract! Those who play with contracts, none of them end well! It will only make you poorer and poorer!
Contracts will never make you earn big money, so don't have any luck in mind! As long as you are still in the car, no matter how many assets you have now, you will end up losing everything in the end!
The lessons learned in exchange for real money and silver, hopefully can help everyone avoid pitfalls:
1. Never go all in! The cryptocurrency market is volatile. Getting rich overnight is a myth, while going back to zero is the norm.
2. Do not touch the contract! You think you can control the leverage, but in fact the leverage controls you.
3. Don't believe in small talk! Various insider information, big shots calling for positions, are all routines for harvesting leeks.
4. Do not chase highs and sell lows! Buying like crazy when it goes up and panicking to sell when it drops are typical characteristics of novices.
5. Don't be greedy! When it rises, you still want it to rise; when you earn, you still want to earn more. Learn to take profit and secure your gains.
6. Do not easily trust the project party! The white paper is beautifully written, but the actual implementation is far from sight.
7. Manage risks well! Don't invest all your money in the currency circle, and leave enough living expenses.
8. Study! The knowledge in the currency circle is updated very quickly, so you need to constantly learn new knowledge and ways of playing.
9. Maintain a positive mindset! Fluctuations are normal, do not let temporary ups and downs affect your emotions.
10. Hold high-quality coins for the long term! I'm talking about three targets: Bitcoin, Ethereum, platform tokens.
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