The Difference Between Low-Leverage Contracts and High-Leverage Contracts
First, the mindset is different
With a 5x contract, whether it goes up or down, I just take a glance and consider it a loss
With a 20x contract, oh no, it dropped 2 points, should I run? If I run, I lose money; if I don’t run, I get liquidated. This dog platform is targeting me. In the end, I can only sigh, rises and falls are all fate, nothing is in our control
Second, the judgment is different
With a 5x contract, you only need to make a rough judgment
With a 20x contract, a rough judgment is useless because there are short-term fluctuations that cannot be predicted; it’s just gambling, pure gambling
Third, the operation is different
With a 5x contract, you don’t need to operate for days, half a month, or even half a year; you can even uninstall the app
With a 20x contract, you might have to operate dozens of times in a day; in fact, the money ends up being eaten away by fees
With a 5x contract, you can take a long position; with a 20x contract, you don’t dare to take a long position
After doing contracts, you don’t want to play spot trading; after doing high leverage, you don’t want to play low leverage
In the current market, if you want to recover your losses, you can’t do it without a good strategy.