The contract isn't as difficult as you think, understand this difference first

Many people get overwhelmed when they hear "contract," feeling like they're walking a tightrope. Actually, when broken down, it's just a simple principle.
Similarly, to leverage a position of 1000U, you can use 100U margin to open 10x, or 50U margin to open 20x. When making money, both are exactly the same. But when losing money, the difference becomes clear—if the market drops 1%, at 10x you lose 10U (10% of the margin), at 20x you lose 20U (40% of the margin). More importantly, at 10x you get liquidated if the market moves against you by 10%, while at 20x it only takes a 5% move.
So, is it always better to choose lower leverage? Not necessarily. If you only have 1000U and want to trade more coins, higher leverage can help you open more positions. With 10x, you can open up to 10 positions; with 20x, up to 20.
The conclusion is simple: if you want to survive longer, choose lower leverage and trade steadily; if your capital is small but your judgment is accurate, high leverage can maximize your capital efficiency. There’s no one-size-fits-all solution, only what suits you best.
I’ve lit the lamp, whether to go ashore or not, that’s up to you. I’m Brother Xu, I don’t gamble. If you want to chat, I’m here.