Most people are not suited to contracts; playing contracts is less likely to result in a higher win rate than betting on the banker or player in baccarat. Like today's volatile market, it's hard to say how many people made money and how many lost money. I believe most people will lose their principal by repeatedly chasing highs and selling lows. Either don't touch contracts, or if you really do trade contracts, keep your positions small once you open one, or like my trade, take profits when you double your money, place a stop loss at the margin call price, and leave your fate to luck. You still have a win rate of close to 50%. The only difference is that in baccarat, the outcome is decided in seconds, while contracts die relatively more slowly. If you play like baccarat, you generally won't bet everything on the first hand; you'll know to spread your bets across multiple trades, giving yourself multiple chances. Once a trade succeeds, you start compounding. If the market is favorable, with a dozen or so consecutive wins for either Banker or Player—corresponding to a major bull market in crypto—you can accumulate wealth with a small initial investment and then stop. Otherwise, contracts will consistently result in losses (for most people), with all the losses going to the exchange.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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