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#Binance Alpha项目启动# This time, the Korean regulatory actions against Upbit and Bithumb's lending services have sounded the alarm, reminding me of the pitfalls I've encountered in the past. Margin Trading may seem like a way to profit quickly, but the risks are extremely high, and a small mistake can lead to total loss. I remember being tempted by high leverage once, and as a result, the market took a sharp downturn, almost wiping out all my funds. Since then, I have steered clear of such high-risk products and focused on value investing and risk control.
Regarding the warning from South Korea, I think it is very timely and necessary. Although exchanges may adjust their products, the core risks have not been eliminated. Investors should not be blinded by the allure of high returns; they must clearly recognize the double-edged sword effect of leverage. I advise novice friends to try to avoid such complex products and to focus their energy on learning and research. A steady and solid approach is the key to long-term success.
Regulation can help protect investors, but more importantly, it is our own risk awareness. I hope everyone takes this as a warning and does not repeat the mistakes I made in the past. In this market, staying alive for a long time is the true victory.