Which chain is Marvin from?

#Marvin #本轮牛市周期预期 #微策略持续增持BTC #特朗普上台概念币有哪些？ #加密市场反弹 Dear friends, today I want to talk to you about spot trading and contract trading in the cryptocurrency market.

Spot trading is like going to the market to buy things. For example, there is a coin, and its market price is 1 yuan each. You spend 10 yuan to buy 10 coins. Later, if the price of the coin rises to 2 yuan, when you sell all 10, you can get 20 yuan. After deducting the principal of 10 yuan, you net a profit of 10 yuan. But if the coin drops to 0.5 yuan and you sell it, you will only get 5 yuan, resulting in a loss of 5 yuan. Spot trading is similar to the stock market: buy low and sell high, and you cannot short sell. Simple, right?

Contract trading is a bit more complicated; it is a type of financial derivative trading. It is not the actual buying and selling of goods but rather a kind of agreement between you and the platform, similar to an option. For instance, if there is a coin priced at 1 yuan and you believe it will definitely rise to 2 yuan, but you don't have much money on hand, with a total of 1000 yuan. At this point, you can borrow through the platform, using 1000 yuan as margin plus 100 times leverage (the platform will lend you 100,000 yuan) to engage in contract trading. When you open a position at a coin price of 1 yuan, your position's value becomes 100,000 yuan. If the coin price indeed rises to 2 yuan, your position will be worth 200,000 yuan. After you close the position and pay back the 100,000 yuan borrowed from the platform, you will have a profit of 100,000 yuan. However, the risk is also very high! If the coin price only drops by 1%, becoming 0.99 yuan, you will be liquidated and lose everything. This is the 'power' of leverage. Short selling is based on the same principle.

I am also thinking about how to choose good assets and seize opportunities in this round of the bull market. Currently, I am quite optimistic about the Mars Dog Marvin concept related to Elon Musk. If anyone has thoughts, please feel free to leave comments in the discussion area, and let's communicate together to strive to make money in the cryptocurrency market!