Why newbies should not touch contracts when they are just getting into cryptocurrency trading

From a novice's point of view, contract trading requires not only a certain amount of market, technical and risk control knowledge, but also a certain amount of heart quality, novice users often because of the lack of understanding of the market, technology and risk control, prone to unrealistic greed after a short period of profit, coupled with and the high leverage of the contract mechanism, often brings high risk, which leads to rapid loss of assets or even be In addition, novice users are also susceptible to malicious market operations, such as price manipulation and other actions, which can lead to investment failure.

For novice users, they should not touch contract trading at the early stage of cryptocurrency trading. They should first deepen their knowledge of the market, technology and risk control by observing and learning for a period of time, accumulate some practical experience and psychological quality, and then gradually try contract trading after gradually understanding the mechanism of contract trading and mastering the relevant knowledge to avoid losses due to short-sighted behavior.