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

#比特币巨鲸动向