What should you pay attention to when trading Bitcoin with high leverage?

1. High leverage contracts, using small amounts to gain large returns, is the core idea of this strategy; first, consider where the risk points are; high leverage can increase our profits while amplifying our risks, which further reduces our margin for error.

2. With 10x leverage, a 10% reverse movement leads to liquidation, while with 20x leverage, a 5% reverse movement leads to liquidation.

3. Fortunately, a 5%-10% movement in Bitcoin is no longer considered a small fluctuation;

4. The only way to improve the margin for error in this strategy is to patiently wait for a position that does not reverse by 5% or 10% according to your trading system, and then go for it;

5. You cannot have it both ways; high risk equals high reward, so you must be patient and precise. There’s no opportunity to slowly position yourself, and there’s no opportunity to be vague about what is correct because the core idea is to use small amounts to gain large returns, to quickly multiply; you can only patiently wait for one big opportunity;

6. The most critical point is: do not consider compound interest; the more you trade, the more mistakes you make, and the more mistakes you make, the less you will know how to trade; conserve your energy for fewer high-leverage trades; if you trade too much, you may end up doing it right, after all, the number of trades one can make in a lifetime is limited. 20962122765#美国加征关税