I want to share my experience and feelings about trading low leverage versus high leverage contracts.

At first, I traded low leverage contracts, like 5x. I noticed that with low leverage, my trend judgments were very accurate. It wasn’t too difficult; returns often doubled or tripled, and once I even hit 8x, with cumulative gains exceeding 30x. When the market dropped, sometimes I could just hold, and my mindset remained calm and steady.

Later, I felt 5x wasn’t enough, so I moved to 100x. That month was pure frustration. It felt like the market was against me: every time I went long, the price wouldn’t rise; every time I went short, it wouldn’t fall. And the moment I closed a long position, the price would surge; when I closed a short, it would plummet. One or two coincidences could be ignored, but a whole month of this? It drives you crazy.

In crypto, 5-point swings are normal, but with 100x leverage, even a 4-point drop could liquidate a long, and a 4-point rise could liquidate a short. After multiple liquidations, you become numb. I started wondering whether the platform had some automated monitoring system that detects positions above 100x and manipulates liquidity to “eat” orders before the price returns to normal. Small orders matter too—after all, even a fly is still meat.

Here’s the main difference between low and high leverage contracts:

1. Mindset:

With 5x, you’re relaxed; a glance at the chart is enough.

With 100x, even a 2-point drop sparks panic. Run and lose, don’t run and get liquidated—frustration is inevitable. Gains and losses start to feel completely out of your control.

2. Judgments:

With 5x, rough predictions are enough.

With 100x, rough predictions are useless. Short-term fluctuations are unpredictable—it’s pure gambling.

3. Operations:

With 5x, you can hold positions for days, weeks, or even months without touching the app.

With 100x, you might need to trade dozens of times a day. Fees alone can eat your profits. Long-term holds are impossible.

After trading contracts, spot trading feels boring; after high leverage, low leverage feels too safe

The lesson: don’t jump into 100x contracts—they’re extremely risky. Even 20x can be dangerous; 5x is enough. But once you start trading contracts, it’s hard not to move toward higher leverage, until eventually, liquidations catch up. It’s rarely a single liquidation—often, it’s a long, painful process of repeated losses. Many people lose everything and walk away empty-handed.