Why is the contract market so addictive? On the surface, it's the allure of profits, but fundamentally, it's the most primitive human instincts—greed and fear—taking hold.
Compared to the steady growth of spot trading, contracts are like a raging storm. Tenfold leverage, hundredfold fantasies—the rapidly fluctuating numbers in your account can give an indescribable thrill—this is no longer investing, but a gamble driven by the pursuit of extreme dopamine.
Even more frightening are the psychological traps. Staring at the candlestick chart, you may develop a god-like illusion, as if you can predict market rises and falls and control the pulse of the行情. Every trade feels like a validation of your wisdom—winning is attributed to your skill, losing is blamed on luck. This illusion of control is more destructive than high leverage itself.
Social media amplifies this illusion to the extreme. All you see are myths of 100x returns and wealth legends, but you never see the silent liquidators behind the scenes. Survivor bias creates a false narrative—"Everyone can get rich quick." This collective frenzy can tempt people to stake their entire wealth.
The reality is harsh. The contract market is essentially an efficient tool for wealth transfer, and its mechanism ensures that most participants will become "fuel." In a high leverage environment, a tiny adverse fluctuation can be fatal. The true winners are always a very small minority—those with iron discipline, complete trading systems, and top-tier players, along with the stable platform providers.
A few tips for those who want to enter or are already involved: if you're a beginner, lack a mature trading system and sufficient market experience, I advise you to stay away from contracts. This is not a gold mine; it's an abyss.
If you've already started, remember these three survival rules: only use idle funds, so that losses won't hurt your core; never risk more than 2% of your principal on a single trade; always set stop-loss orders and take profits promptly. In this market, long-term survival is far more valuable than short-term暴利.
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Deconstructionist
· 2h ago
Basically, it's gambling, just disguised as an investment.
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Liquidation victims are always silent, while those bragging are always shouting. This is survivor bias.
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It really is a wealth transfer machine. I've seen people around me go from millions overnight to debt.
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100x leverage? Haha, isn't that just a dream, everyone?
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A 2% stop-loss is spot on. How many people die because they can't bear to cut losses?
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Are there still people who believe "everyone can get rich quickly"? Wake up, everyone.
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I just want to ask, how does the top 1% win? Even the best system can't avoid black swan events.
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I agree with entering with idle funds, but truly having idle money, most people wouldn't play this.
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Staring at candlestick charts for too long can really cause hallucinations. It feels like you've become Buffett.
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The platform itself is the biggest winner. There's no doubt about that.
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NotFinancialAdvice
· 2h ago
That hits too close to home. My roommate is exactly like that, watching the charts and K-lines every day. When he wins, he brags for a week; when he loses, he blames the bad market. Now he's only left with his basic salary after all the losses.
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APY_Chaser
· 2h ago
Honestly, when I see those hundredfold myths, I just want to laugh. Where are the people who will never get liquidated?
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After playing with contracts for so long, my biggest takeaway is realizing how bad I am. Luckily, I didn't bet my entire fortune.
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I took the 2% stop-loss rule. Compared to those who go all-in, I think staying alive is more important than making money.
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Really, after watching candlestick charts for a long time, you start to feel like you're chosen by the heavens, and then a reverse move wakes you up.
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The point about only using idle funds is well said, but dare you ask how many people actually only trade with idle money? I, for one, can't do it haha.
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Contracts are basically gambling plus psychological games, isn't it? I'm mainly just doing it for fun now; real money doesn't matter as much.
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Long-term survival > Explosive profits. This phrase should be engraved in your mind, but unfortunately, most people do the opposite.
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0xInsomnia
· 2h ago
That hits too close to home. The guy around me is completely hijacked by dopamine, staring at the market for over ten hours a day. Now he's bankrupt and still fooling himself.
I admit I was also addicted, but now I only dare to play with very small amounts. The joy is really just like gambling.
100x leverage? I never touch it. I've seen too many get wiped out instantly. The despair of having your account emptied overnight, I've experienced it once and that's enough.
It would have been great if this article had been sent to my friend earlier. Now it's too late to say anything.
The platform is the ultimate big winner. We're all just working for the exchange.
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MissedAirdropBro
· 2h ago
To be honest, after reading so many articles like this, only a few people actually manage to break their contract addiction. The guy I know is one of them. At first, he said he only used spare money, but now he's staring at the market every day, his eyes look suspicious.
He borrowed a lot of money to get in and comforted himself by saying it's "investment." Survivor bias really hits hard here—he posts screenshots every day on social media, but no one shows their margin calls or liquidations.
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MemeCurator
· 2h ago
That's so true. I am the silent liquidator, now reflecting on life by eating dirt.
Why is the contract market so addictive? On the surface, it's the allure of profits, but fundamentally, it's the most primitive human instincts—greed and fear—taking hold.
Compared to the steady growth of spot trading, contracts are like a raging storm. Tenfold leverage, hundredfold fantasies—the rapidly fluctuating numbers in your account can give an indescribable thrill—this is no longer investing, but a gamble driven by the pursuit of extreme dopamine.
Even more frightening are the psychological traps. Staring at the candlestick chart, you may develop a god-like illusion, as if you can predict market rises and falls and control the pulse of the行情. Every trade feels like a validation of your wisdom—winning is attributed to your skill, losing is blamed on luck. This illusion of control is more destructive than high leverage itself.
Social media amplifies this illusion to the extreme. All you see are myths of 100x returns and wealth legends, but you never see the silent liquidators behind the scenes. Survivor bias creates a false narrative—"Everyone can get rich quick." This collective frenzy can tempt people to stake their entire wealth.
The reality is harsh. The contract market is essentially an efficient tool for wealth transfer, and its mechanism ensures that most participants will become "fuel." In a high leverage environment, a tiny adverse fluctuation can be fatal. The true winners are always a very small minority—those with iron discipline, complete trading systems, and top-tier players, along with the stable platform providers.
A few tips for those who want to enter or are already involved: if you're a beginner, lack a mature trading system and sufficient market experience, I advise you to stay away from contracts. This is not a gold mine; it's an abyss.
If you've already started, remember these three survival rules: only use idle funds, so that losses won't hurt your core; never risk more than 2% of your principal on a single trade; always set stop-loss orders and take profits promptly. In this market, long-term survival is far more valuable than short-term暴利.