There are indeed more people now trading contracts. Compared to spot trading, the mindset is completely different.

When holding spot assets, you’re reluctant to sell after making a profit, always wanting to earn a little more. When prices fall, you hold on tightly, hoping for a "rebound eventually." This easily leads to long-term holding mindset traps, making it hard to let go of psychological expectations.

With contracts, the approach is completely reversed. When making a profit, you want to close the position and take the profit; when losing a little, you cut losses immediately. Short-term trading is frequent, and the mindset fluctuates with market movements, allowing for quick decision-making.

The most interesting thing is that, after re-engaging with contracts recently, I found that the market environment and trader mentality have changed a lot compared to 2020. Back then, everyone was more focused on long-term gains; now, the approach is filled with short-term operational logic. I don’t know if the market has matured or if risk awareness has increased.