I haven't used high leverage this round. I usually open 10x or 5x, but I've never maxed it out, probably around 9x or 4.5x. Most altcoins are also at 0.8x, at most 2x.
Playing with altcoin leverage has become less important, after all, things like moodeng people mubarak have 80% and 50% gains.
Many people say I use high leverage, but I haven't seen how high mine actually is.
The reason I earn more later isn't because the leverage increases, it's just because the principal has increased. But even with more principal, I still dare to use 5x for mainstream and 10x for major coins, which most people wouldn't dare to do.
In the eyes of the average person, high leverage is 50x, 40x, or 20x. In my mind, high leverage is over 10x for major coins and over 5x for mainstream.
I haven't used the leverage understood by the average person in any of my recent trades, yet it still shocks people. This shock, I believe, is just a feeling caused by not having experienced wealth. For me, I only use half of my net worth to trade, all profits, so even if I get liquidated, it won't lower my quality of life. Therefore, while I make smooth trades, my mindset is also very good.
Moreover, I have been earning quickly and abundantly these past two months. Not to mention that on Weibo, people generally don't trade large amounts. I share on Push and across the entire Asia-Pacific network. Among all the traders who continuously share, I am the one making the most profits. I am confident that I have been very strong during this period, and the market believes in my strength as well. I even feel that luck is on my side. On Friday, when I thought it wouldn't drop, I woke up to see it had fallen, dropping to 103500. This has happened two or three times; it's been quite smooth.
So there's no pressure; I truly feel like I'm in my element, making profits one after another. On the 19th of last month, I felt quite smooth and started trying to hit a single coin 1M. Every time it dropped, I would take 60k and not exit, then ride the rebound up 20k. During that time, I thought 15 million was my limit, as I only reached that level last year before starting to experience significant drawdowns. Then in June, I took some time to relax, and while traveling, I began to break through the capital limits, which boosted my mindset and made me bolder, willing to take losses. Thus, I pocketed another 150k.
Systematically speaking, it doesn't really help. Honestly, many people can't hold onto wealth that exceeds their understanding when trading; they quickly face major drawdowns and lose everything before moving on to the next round. I am the same, but I just have market conditions that suit my current capital.