A currency friend said that he discovered the secret of making money by doing contracts. Guess what, he plans to find a novice and then do the opposite of that novice, thinking that this way he can make a sure profit without losing money.
When I heard this, I almost laughed out loud. I thought to myself, is this guy out of his mind? Most people lose money when making contracts. If you do the opposite, you will definitely make money? This idea is so ridiculously childish.
In fact, if you want to be among the few people who make money, the best way is not to touch the contract. That’s right, just don’t do it. If you don't do it, you won't lose money. If you don't lose money, wouldn't you make money compared to those who lose money?
Why doesn’t that currency friend’s idea work? He thinks he can win by doing the opposite of what most people do. This is a big joke. If there really was a person who could lose 60% of money when making contracts, he would have become a hot commodity long ago, because if he did the opposite, wouldn't it be possible to make a lot of money easily?
When playing with contracts, without any extra information, the probability of going up or down is 33%. Why do so many people lose money? There are two main reasons: one is the long and short liquidation mechanism, and the other is human psychology. Everyone is always used to running away as soon as they make money and carrying it as soon as they lose money. The result is often less profit and more loss.
Want to make money by doing the opposite? Then you have to have real ability. First of all, you must not liquidate your position; secondly, you must close your position immediately if you lose, and you must hold on to your profit. As for how long it will take, it depends on your own profit-loss ratio calculation. These two points sound simple, but are extremely difficult to do.
So, if you want to solve the problem based on probability from the beginning, you are simply going the wrong way. The probabilities of random markets are not biased in favor of anyone. Want to beat it? Unless you have inside information, don't even think about it. Either way, it's a dead end, so be honest and don't play with fire and burn yourself.
1：OPOptimism is the first Ethereum L2, leading the development of Ethereum Virtual Machine (EVM)-compatible Optimistic Rollup solutions that can process transactions at scale while maintaining the security of Ethereum.
2: STRONGStarkNet is a permissionless decentralized ZK-Rollup that runs as an L2 network on Ethereum, allowing any dApp to achieve unlimited scale of its computation without compromising Ethereum’s composability and security.
3：SAND The Sandbox is a virtual game world. Through the functional token SAND based on Ethereum, players can create and own different game experiences and earn profits from them. Gamers can use The Sandbox Game Maker to create digital assets (non-fungible tokens, also known as NFTs), upload them to the store, and create gaming experiences with a simple drag and drop method. The Sandbox aims to bring blockchain into the mainstream by attracting more crypto and non-crypto gaming enthusiasts through the benefits of true ownership, digital scarcity, profitability and interoperability that blockchain technology brings. game world.
4：CFX Conflux Network is a scalable decentralized blockchain network designed for high throughput and fast confirmations. Conflux Network’s consensus algorithm is based on a special directed acyclic graph (DAG) structure called a tree graph. Unlike Ethereum which only accepts transactions from a single chain into its ledger, Treemap can merge and process transactions across all concurrent blocks. CFX is the native functional token of Conflux Network and is used for network consensus, ecosystem incentives, network governance and mortgage.
5: SMEsImmutable Asset security. Immutable X is the most technologically advanced NFT scaling solution ever, developed with StarkWare’s powerful STARK validator and aggregation technology. IMX tokens are the native ERC20 utility tokens of the Immutable
6：OPOptimism is the first Ethereum L2, leading the development of Ethereum Virtual Machine (EVM)-compatible Optimistic Rollup solutions that can process transactions at scale while maintaining the security of Ethereum.
Okay, that’s it for this article. The bull market in the currency circle has entered the golden stage. I will arrange a hundred times the currency in advance in the small circle. Friends who want to join the circle, nod their heads to see how to enter the circle. Welcome to like, collect, forward, comment and leave messages
