A Must-Read in the Crypto World! Understanding Contracts!​

For those who just entered the space, do you often hear the term “contract”? Today, let’s break it down in simple terms, and don’t blindly follow the trend after reading this!​

In fact, contracts are different from spot trading; they don’t buy coins directly, but rather make judgments about future price trends. For example, if you think a certain coin will rise, you choose “go long”; if you think it will fall, you choose “go short.” Regardless of whether it rises or falls, if your judgment is correct, there’s a chance to gain!​

There’s a key concept called “leverage,” which is like a magnifying glass that amplifies the effect. Choosing 10x leverage means that 1 unit can be used as 10 units, but conversely, the risk will also be amplified, and you must remember this!​

Let’s emphasize risk! Price fluctuations are large; even a small change combined with high leverage can lead to disaster. So, beginners should definitely not jump in with high leverage right away; start with small amounts to test the waters.

Here’s a little tip: before opening a position, be sure to think about the range you can accept, and know when to stop. Don’t let emotions take over. The market changes quickly; staying calm is the most important thing!​

In summary, contracts are not to be taken lightly. Newcomers should fully understand the rules before taking action. Don’t be swayed by superficial temptations; rationality is the key to long-term success!​$BTC $ETH #币安HODLer空投TOWNS #加密市场反弹 #加密项目