I woke up and saw many people talking about a sharp drop. What does a sharp drop mean? This word is actually very subjective. For example, I have experienced a 52% drop in ETH within an hour, and my assets have shrunk by half. Fortunately, I did not panic because I held the coins. I think today's drop is not a sharp drop at all.

It is different for those who open contracts. For example, if you open 100 times, it is indeed a sharp drop, or even a liquidation. This is also normal. Since you are participating in high-risk strategies, you must bear the pain of such a liquidation. In fact, it is not a bad idea to open leverage. It depends on how you open it.

I usually open contracts like this. I treat it as a spot, open 10 times at most, and add enough margin. The current price is 35,000. If it explodes, I will accept it. It depends on the individual to use the funds. It is best to take an amount that can be liquidated without feeling bad. If your liquidation affects your life, you should not open so much funds.

Then open on dips, do short-term or medium-short term trading, and if the hourly line drops by 4, you can open and hold it. The profit-taking depends on the individual. Everyone has different requirements. Let's start with 10%. Otherwise, there is little point in doing contracts. The above strategies only represent personal opinions. If you think it makes sense, you can try it. It is impossible to get rich with this strategy. In fact, it is equivalent to an efficient strategy for spot trading. If you can see the end, the big cake will definitely reach 100,000, so you can keep it as spot trading. You can follow me. I will do something useful for everyone later. It will take some time to prepare, and I will meet you then.