Consider the risks first, then the benefits.
2024.3.27 Daily Update: With interest rates remaining high, the Federal Reserve’s spending in 2023 exceeded its revenue by $114.3 billion, its largest operating loss in history, and the Fed was forced to give up remittances to the Treasury. The Fed's interest expense nearly tripled in 2023 to $281.1 billion, according to audited financial statements released Tuesday. Meanwhile, the Fed earned a total of $163.8 billion in interest income from its portfolio last year, and will be about $170 billion in 2022.
Account situation: Bitcoin has fallen slightly today, and the current price is 70,100. The account's floating loss is close to 10,000 compared with yesterday. It is currently at 580,000+ (including dividends), with a principal of 150,000 and a yield of 310+%.
The total equity of the contract account is 521,000, the total position is 363,000, 52 varieties, 200+ pending orders, and the transaction winning rate is as high as 70+%.
There are no changes in positions today, and only some pending orders have been adjusted.
Risk warning: Leverage is not a devil, it is just a tool to improve capital utilization. Leverage itself has no risk, the real risk comes from human nature.
