Contracts—how many people see it as a shortcut to turn their fortunes around.
It indeed can give you the illusion of "getting rich overnight," but it can also cause all confidence to collapse in an instant.
When I first entered the crypto world, I was quite good at self-deception. If others could double their money, why couldn't I? So I started risking small amounts heavily, blindly guessing directions, refusing to admit losses, and restarting after a blow-up—each time comforting myself that the next trade would definitely break even. And what happened? The market was ruthless, but even more ruthless was myself, constantly jumping into the pit.
Only later did I realize that this was not a matter of luck at all. The entire approach to trading determined inevitable losses—no logic, no rhythm, relying solely on fantasies of stable profits, which is itself a joke.
The turning point came when I learned to stop. No longer rushing to open positions, but first analyzing the K-line structure, market rhythm, and whether the risk was worth taking. Tools are always just tools; the real difference lies in whether you understand the underlying principles behind them.
The first time I fully experienced a market trend, I wasn't excited. Only one thought crossed my mind: it turns out the market didn't lack opportunities; I simply couldn't catch them before.
Since then, I placed fewer trades, but each one I could clearly explain: why I entered, how I planned to exit, and what the acceptable loss range was. No longer relying on feelings, no longer dreaming of reversals, and definitely not fighting the market with emotions.
To put it simply, contracts are not a casino. Your liquidation isn't because the market is merciless, but because you entrust your fate to uncertainty. Stop obsessing over stories of overnight riches. Many people get rich quickly, but those who truly survive in the market and see steady growth in their accounts are the ones who have chosen the right path.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Contracts—how many people see it as a shortcut to turn their fortunes around.
It indeed can give you the illusion of "getting rich overnight," but it can also cause all confidence to collapse in an instant.
When I first entered the crypto world, I was quite good at self-deception. If others could double their money, why couldn't I? So I started risking small amounts heavily, blindly guessing directions, refusing to admit losses, and restarting after a blow-up—each time comforting myself that the next trade would definitely break even. And what happened? The market was ruthless, but even more ruthless was myself, constantly jumping into the pit.
Only later did I realize that this was not a matter of luck at all. The entire approach to trading determined inevitable losses—no logic, no rhythm, relying solely on fantasies of stable profits, which is itself a joke.
The turning point came when I learned to stop. No longer rushing to open positions, but first analyzing the K-line structure, market rhythm, and whether the risk was worth taking. Tools are always just tools; the real difference lies in whether you understand the underlying principles behind them.
The first time I fully experienced a market trend, I wasn't excited. Only one thought crossed my mind: it turns out the market didn't lack opportunities; I simply couldn't catch them before.
Since then, I placed fewer trades, but each one I could clearly explain: why I entered, how I planned to exit, and what the acceptable loss range was. No longer relying on feelings, no longer dreaming of reversals, and definitely not fighting the market with emotions.
To put it simply, contracts are not a casino. Your liquidation isn't because the market is merciless, but because you entrust your fate to uncertainty. Stop obsessing over stories of overnight riches. Many people get rich quickly, but those who truly survive in the market and see steady growth in their accounts are the ones who have chosen the right path.