Trading cryptocurrencies is often blown up by high-leverage contracts.
As long as you use more than 100x leverage, your failure rate exceeds 80%. This is not a fair game.
Full position with 100x leverage, a loss of over 50% reaches liquidation, but a profit of over 110% is needed to double the principal.
Because the contract fees are also a significant part, opening and closing a position will cost you about 10% of your principal.
However, many platforms now offer around 70% cashback, reducing some costs.
Contracts are very close to gambling, either doubling or going to zero.
$BTC
