Many new investors believe that opening 5x or 10x leverage is already small.
I really have no words. In fact, I want to tell you that you are wrong.
Leverage is not calculated this way at all; the leverage ratio calculated by the platform has nothing to do with you. It is almost the proportion that affects the platform's safety. You should calculate risk based on stop-loss or full principal.
With crypto+ such large volatility, it’s fine to open positions evenly in batches, using about 10-20% of the principal each time, and the total position limit should be about 2x (short) to 4x (long) of the principal. The overall stop-loss risk at the same time should be high at around 20% of the principal (or must be less than 20% of your psychological tolerance). It is recommended to average the risk over time at 10%, meaning that there will be times when you are out of the market. Some may ask, why still do contracts?
I might offend many with this statement: do you really want to earn coins or make money? Is there a more flexible speculative tool than contracts? Is USDT really useless? If a bull market comes, is it safer to hold coins or USDT? When you spend money, do you spend coins or USDT?
Recently, I plan to lay low with a potential coin that is ready to explode, doubling is quite simple, and I am also preparing to find some potential coins to hold until the end of the year, with an expected space of over 10 times, so follow along and benefit from the upside.