If your contract is losing too much, you can set it to close indefinitely.
币经之路0609
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To be honest, Binance is indeed quite impressive. First of all, the exchange thanks retail investors for their continuous liquidations, generously sending money to the exchange. But have you all noticed why this bull market hasn't had a season of altcoins? It's because the liquidations from contracts have drained most of the liquidity from the crypto space, resulting in 95% of retail investors losing money. The liquidity in the market is already insufficient, and almost every retail investor is losing. Naturally, outsiders are deterred, leading to a vicious cycle. Currently, attracting new investors has become a problem. This is why a certain well-known exchange has extended its evil hands towards college students, causing public outrage. Today, I discovered that Binance allows the contract cooling-off period to be set to unlimited. Previously, the cooling-off period was only a month at most; seasoned investors understand this. Binance is actually willing to let retail investors close the most profitable contract business, which shows the vision and height of Binance as the leader in the industry, as well as its profound thoughts on the long-term development of the industry. Just as I said today, when retail investors close the contract function, only then will this bull market have the possibility to start the altcoin season. Brothers, let's all set the contract cooling-off period to unlimited. See you in the great bull market!
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