$BTC
Futures !
Is this gambling ????
In fact, this is a form of trading commonly referred to as "catching robbers with empty hands" or "starting a career/accumulating debt with nothing."
It's a way to predict the value of a code/goods increasing/decreasing within a certain timeframe !
because in spot trading, sometimes you want to make 2-3 times or 5-10 times over a long time ! If you enter incorrectly, you may have to bear the loss divided by 2, but at least there will be a day you can profit, while in futures you can lose everything !
Predicting the direction of a code is extremely difficult, as the money flow directly moves from BTC, then to altcoins, Futures is a double-edged sword, making you rich quickly but also losing quickly !
When you first enter a Long/Short position ! you will see the liquidation price extremely far from the current price, setting a loss stop of 30-50% and so on ! but if you don’t have a Take Profit (TP) to stop, you will lose immediately ! Because the liquidation price changes according to 8-12 hours ! for example, yesterday someone shorted at 102k, today it drops to 94k! the liquidation price is 110-125k, relying on it, then watching my TP thinking it will reach 90k800 or someone at 85k, not closing, then the liquidation price will adjust itself to around 97-99k! MM will pump money, and you will burn ! you lose everything !
The principle of Futures is to take from the Long to pay the Short and vice versa, there is no one-way movement forever ! the exchange only earns funding fees and order fees ! the differential money from winning and losing will be paid to the miners !
Therefore, be careful when trading Futures, it’s a heavy risk to run !
And as for miners, it’s rumored that the whales hold the cards ! kkkk....
