😀👉XRP with 100 USDT in futures: It's all or nothing! 🔥💰
You have 100 USDT to play with, not to lose (although sometimes you do, so be careful).
Current XRP price: $3.14.
With 100 USDT and 5x leverage, your buying power is:
100 × 5 = 500 USDT in XRP → that's about 159 XRP (500 ÷ 3.14).
If XRP goes up 10%, you earn:
500 USDT × 10% = 50 USDT × 5 (leverage) = 250 USDT: 2.5 times your investment!
But if it goes down 10%, you lose your entire 100 USDT margin and are mercilessly liquidated.
To avoid the "what now?" in this situation, if you feel like it, set a stop-loss to sell if it drops to, say, $3.00, so you don't lose more than you can tolerate.
In short: you can make a lot with a little, but if you're wrong, goodbye to easy money. The stop-loss is your helmet in this mad dash.
