I saw a netizen asking on Zhihu,

Should college students continue trading cryptocurrencies after consecutive liquidations?
I don't know what kind of question this is based on.
Is it the help that real users seek when they find themselves at a loss?
Is it just a traffic gimmick?
The only way to play contracts is to go to zero.
Whether it's a fresh graduate just starting out or a college student with little savings,
Still, there are whale traders who have accumulated wealth in the tens of millions to hundreds of millions, reaching A8A9.
Everyone ends up in the same place, liquidation leads to zero.

From time to time, you will see the blood and tears of some contract players.
After liquidation and going to zero,
How regretful, how unfortunate, how much I want to hit myself,
But unfortunately, a loss is a loss.
Once the contract is liquidated, all accumulated gains will vanish into thin air.
Some people lost everything early and understood this principle early.
Some people later lost everything, they lost too much and could not get back on their feet.
Some people want to try their luck again, hoping for the favor of fate,
But without exception, return to zero.

A group friend often shares contract earnings with me,
His goal is very simple,
Earn dozens or hundreds of dollars every day, just enough to cover living expenses.
This trend has lasted for nearly a month.
Accumulating a little every day, I earned nearly $6000 in 20 days.
I feel very stable, almost unbeatable in trading.
I'm a bit tempted by his play style.
Can trading contracts be this stable?
But at the end of the month, an extreme market situation,
A big fluctuation caused a loss of over $10,000.
Both the earnings and the principal are gone.
Carefully accumulated earnings over the past month,
Lost back to the market in just a few minutes, without any preparation at all.

All contract players cannot avoid the outcome of liquidation.
How glorious the previous 99 times were,
If you don't take profits when there are gains,
There will definitely be a final reset ending.
No one can escape such an outcome.

Playing with contracts and leverage may give you the thrilling experience of making quick money.
but destined to end at zero,
If it's just for the experience,
Nothing was left as a result,
It would indeed be a great loss, which would not be worth it.
After all,
Most people in the crypto world still hope to make money.