🚚💨 Hello everyone, I am a cryptocurrency enthusiast who drives a big truck, wears a Rolex, and goes straight to 100 bitcoins! Today we are going to talk about contract trading. Have you tried it?
Contract trading, also known as perpetual contracts, is similar to futures, but there is no delivery date. You can choose to go long or short, which means that if you predict that a certain currency will rise, you go long, otherwise you go short. 😎 In this way, no matter which direction the market goes, you can seize the opportunity to make a profit.
So why are people flocking to contracts? Because contracts make people feel more "fair", unlike spot trading, which can only buy up and have to wait for a long bull market. Contracts allow the use of leverage, so that both gains and risks are magnified. 💥 But I remind you that the greater the leverage, the greater the risk! Many people will face the risk of liquidation because they can't control their greed.
Many people say that using high leverage is dancing on the edge of a knife. Although I admit that this is exciting, I always remember one thing: those with strong self-control are the final winners.
Finally, let's take an example: in the spot market, the dealer holds the low-priced chips, which makes you feel unfair. But in the contract market, because it can be traded in both directions, it feels "slightly" fair. 🙌
At this moment, I have already fully invested in $BTC and predict that it will continue to rise! Target price: 🚀 $BTC
Join me on the journey to financial freedom! 💪
