#Binance Alpha活动 This news reminds me of an experience a friend had before. He also made hundreds of times profit in a short period on a certain trading platform, but in the end, he lost everything due to greed. It seems that whether it’s prediction markets or other investments, you can’t escape the trap of the “gambler’s mentality.”



From $5,000 to $3.8 million, and then back to zero within a week—such drastic fluctuations are truly thrilling. But if you think about it carefully, this kind of crazy profit is actually unsustainable. Sports events are inherently full of uncertainty, and combined with large bets, the risks are just too high.

I believe investment should focus on risk control, and you shouldn’t be blinded by short-term windfalls. Proper diversification, setting stop-losses, and controlling your position size are all necessary. Otherwise, no matter how big the profits are, you won’t be able to hold onto them, and you might even lose your principal in the end. I hope everyone can take this as a warning and not repeat the same mistakes. When it comes to investing and managing your finances, it’s best to stay rational and take things step by step. That’s the key to success.
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)