the spot still struggles up and down, very scared so I don't dare to hit the long short button anymore
Trading Insight
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Many people are tempted by high ROI, right? I see people sending pictures saying they see some returns of 400-500% and then 1000-2000%, are they really that good? I want to join their VIP group to try?
Should I just complain... looking back at those 400-500-1000% returns, that’s leverage of X200 on MEXC. It's tough. For example, my Long Link trade I shared with everyone has a leverage of X20, currently making a profit of 137%, so I share that 137%.
✨But they call you with X20 and when they share, they show the trade with leverage X200. This trade of mine has a leverage of X75 and it's already at 500%, if I leverage it to X200 then it would be 1300%. But what's the point of high returns if you can't hold it? Stay away from those, they just go for full leverage, the profits are low, but the commissions are high, and with high volume they eat everything clean.
🔹They go for trades with some ridiculous numbers holding X100-200% just to lure in newbies. Just look at your own account, follow your own capital, and control your profits. If you join a VIP group they will make you pay, taking all your referral commission. Come on, stay sharp. Don't go too deep and lose sight of everything.
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