比特财经阿杰
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Experience sharing on contract trading in the crypto space, suggestions to like and bookmark!
1. Understand the basics of contracts and enter the market with caution
What is contract trading?
In simple terms, contract trading is a method of trading that leverages capital utilization through leverage. You don't need to hold actual cryptocurrencies; you only need to predict the price direction to earn the difference by going long (bullish) or short (bearish). Leverage typically ranges from 2x to 100x, but the higher the leverage, the greater the risk.
Beginner Advice:
Start with small amounts and low leverage (like 2-5x) to familiarize yourself with the platform's operations (like Binance, OKX, etc.) and rules, such as full/isolated positions, liquidation mechanisms, etc. Don't jump in with high leverage immediately; the risk of liquidation is extremely high.
What is contract trading?
In simple terms, contract trading is a method of trading that leverages capital utilization through leverage. You don't need to hold actual cryptocurrencies; you only need to predict the price direction to earn the difference by going long (bullish) or short (bearish). Leverage typically ranges from 2x to 100x, but the higher the leverage, the greater the risk.
Beginner Advice:
Start with small amounts and low leverage (like 2-5x) to familiarize yourself with the platform's operations (like Binance, OKX, etc.) and rules, such as full/isolated positions, liquidation mechanisms, etc. Don't jump in with high leverage immediately; the risk of liquidation is extremely high.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.