What is the most unacceptable thing in the currency circle?
The most unacceptable thing is high leverage.
Unlike the previous Bitcoin bull market, this bull market has many people who are afraid of missing out and choose high leverage speculation. Recently, I can see screenshots of large-scale liquidation every day.
But even so, countless people still engage in high-leverage contract transactions every day, and of course their end is often liquidation.
Strictly speaking, this round of digital currency bull market actually started at the beginning of 23 years. Friends who follow me also know that I started to be bullish on BTC at around 20,000. During this period, I always said not to touch A shares, it is better to buy BTC.
And we can easily find from the trend chart of Bitcoin that Bitcoin has also undergone many technical adjustments since it started to rise in January last year, but the adjustment ratio has not exceeded 25%.
In other words, as long as you exaggerate a little to 2-3 times low leverage, you can magnify the income to 500-1000% without worrying about liquidation.
But not long ago, Bitcoin fell from 72,000 to 60,000. In such a drop of less than 20%, many people lost everything.
The reason is simple, that is, they used high leverage.
Every year, there are news reports that Bitcoin margin calls are used as evidence of the high risk of Bitcoin, but the problem is that if you add 10 times or 20 times leverage, what risk is not high? I can only say that Zhang Xuefeng is right again.
I think that any domestic home buyer now has a 30% down payment, which is a naked 3x leverage. In theory, if the house falls by 30%, you will be out of stock, which means that the home buyers who bought at high prices in 2018-21 are now almost all out of stock!
But does anyone care about the risks of these home buyers?
No. The mob will only repeat "Bitcoin is risky" and "Bitcoin speculation will jump off the building" under the leadership of street stall writers.
As for the purely leveraged speculative market of domestic commodity futures exchanges, there have been myths of overnight wealth such as Fu Haitang over the years, as well as countless retail investors and professional investment funds that have gone bankrupt. After all, if they don't lose money, who will provide hedging for the holders of spot goods?
If you feel helpless, confused, and can't see the direction in trading at the moment, you can come to my village to have a look. The homepage is pinned to the top, and the conditions are real players!
