Hello everyone, I am a capybara. Yes! I was asked to post like a capybara that is killing me. I wanted to say I could post one post a day, but it seems I overestimated myself. Haha! (It took me 2 weeks to type this article)

What I posted is not necessarily the correct opinion. It is just my lazy opinion. Don’t scold me seriously~~

Okay. Let’s talk about the third article #槓桿 Yes, those are the two words of leverage principle. This operation is riskier than "spot".

To put it simply, you use your principal $TUSD and use BTC here (other currencies are also acceptable) to borrow ustd or BTC (other currencies are also acceptable) from Binance (according to the proportion of your principal). Bet that the currency you want to play will rise or fall, and you will make a profit from the "price difference". The interest earned by Binance on borrowing your money will be the same as your "closing the position" (that is, the handling fee for selling it later when you are not playing). Of course, you borrow it. The longer the time, the more interest there will be.

Next is the choice of "full" position and "isolated position"! I didn’t understand this at first (after all, I really don’t like reading explanations). I’m just lazy…

Cross position = (the multiple will be lower). If you open multiple orders, all of them will share your margin. The risk is greater (the margin of the cross position will become higher or lower. If you make 1U, he will deposit your margin. (Anyway, whatever you earn will go into the margin.) The chance of you being liquidated (losing in gambling, or playing to lose) will become smaller. The more you earn, the more margin, and the chance of losing in gambling will be smaller (I’m talking nonsense, sorry Q.Q) )

Isolated position = (higher multiple), you only use the margin of the order you used, and the risk of full loss is relatively small (because the margin invested is fixed)

Next, when you borrow money, you choose whether you think the currency you want to play will rise or fall in the future. If you think it will rise, borrow usdt and buy BTC (BTC is used as the currency you want to play here). When you see how much the currency is, buy it, and vice versa. Borrow BTC to sell short!

Buy low, sell high, as the name suggests, is to borrow money and buy when the price you think is low, and then sell when it rises to the point where you think you have made enough. But... if you borrow BTC, sell high, sell low, and buy back, there will be residue left behind when you pay back the money. currency (unsold BTC). At this time, it depends on whether you want to keep it or convert it to a small amount $BNB

I’ll stop here for this article. If you have any questions, just ask. I wish you all a lot of money. The next article will talk about the big devil~~ Let’s open the contract~