Let’s think about this question: If I go back a few years ago and know that eth will increase more than 40 times in the next few years, how can I maximize my income?
I think most people's first thought is to go long with contracts and leverage.
How much leverage should you add? How many positions should be taken?
If your position is greater than 50%, there is a high probability that the position will be liquidated midway. In the end, you may make money, but it may not be as much as the stud spot.
At that time, many people expected that Luna would return to 0, so they went short with high leverage. In the end, they were busted by the banker first, and then watched Luna return to 0, without making any profit.
The biggest beneficiaries from this are the exchanges (which charge commissions and are dealers) and the capital providers (who charge loan interest).
