#数字资产市场动态 When browsing the square, I saw a senior sharing their story — losing everything on contracts. I was a bit curious and clicked in to take a look.
Actually, I want to give a piece of advice to many newcomers: don’t rush into trading contracts right away. First, lay a solid foundation in Web3. L1, L2, AI, DAO, NFT, DeFi, GameFi, prediction markets, perpetual contracts, privacy tracks… you need to understand at least these.
Opportunities in the crypto world are not limited to contracts. Choose a track, focus on studying it deeply, and if you truly persist, the rewards will not deceive.
But many people’s first move is to follow others and trade contracts. The logic behind this is actually very heartbreaking — exchanges are essentially casinos. KOLs? Basically, they rely on referral commissions to make a living. And you? You’re just a gambler.
They’re afraid you won’t play. Because the more you play, the more addictive it becomes.
This is not alarmist. The thrill of contracts releases dopamine that keeps pushing you to bet more. You can’t stop. When KOLs lose everything, they have referral commissions as a safety net; exchanges have fees. But what about you when you lose everything?
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.
7 Likes
Reward
7
6
Repost
Share
Comment
0/400
OnlyOnMainnet
· 15h ago
That's really hitting home. I have several friends like that—one month's salary comes in, and within two weeks, they've gone all-in on contracts.
View OriginalReply0
LightningAllInHero
· 15h ago
Honestly, that really hit home for me. How are the copy-trading friends doing now? Most of them probably are gone by now.
View OriginalReply0
GovernancePretender
· 15h ago
Well said, KOL rebate guarantees us the bottom line; this deal was never fair to begin with.
View OriginalReply0
NFTDreamer
· 15h ago
Contracts really, you need to think carefully before entering whether you're here to make money or to lose money.
View OriginalReply0
PumpAnalyst
· 15h ago
Really, when I see stories like this, I just feel sorry for that guy. Contracts are like slow-acting poison; once you get hooked, you can't quit.
Friends who follow signals, wake up. The KOL's rebate can support a whole family, and what about us? End up bankrupt and destitute.
Instead of messing around blindly, it's better to settle down and study the market. That's the proper way to do things.
The exchanges are the happiest for those who go all-in intraday. I hope I don't sound too harsh.
Few people heed advice. Greed, tsk tsk...
View OriginalReply0
PebbleHander
· 15h ago
It's the same story again, every time someone loses everything and then comes out to preach big principles. The words are not wrong, but how many people can truly persist in doing fundamental research?
#数字资产市场动态 When browsing the square, I saw a senior sharing their story — losing everything on contracts. I was a bit curious and clicked in to take a look.
Actually, I want to give a piece of advice to many newcomers: don’t rush into trading contracts right away. First, lay a solid foundation in Web3. L1, L2, AI, DAO, NFT, DeFi, GameFi, prediction markets, perpetual contracts, privacy tracks… you need to understand at least these.
Opportunities in the crypto world are not limited to contracts. Choose a track, focus on studying it deeply, and if you truly persist, the rewards will not deceive.
But many people’s first move is to follow others and trade contracts. The logic behind this is actually very heartbreaking — exchanges are essentially casinos. KOLs? Basically, they rely on referral commissions to make a living. And you? You’re just a gambler.
They’re afraid you won’t play. Because the more you play, the more addictive it becomes.
This is not alarmist. The thrill of contracts releases dopamine that keeps pushing you to bet more. You can’t stop. When KOLs lose everything, they have referral commissions as a safety net; exchanges have fees. But what about you when you lose everything?
$BNB