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Cryptocurrency Trading for seven years, 30,000 to 3 million U! Revealing the get-rich-quick tips of crypto world contracts!
In early 2014, I stumbled into the cryptocurrency world, and since 2017, I have been full-time involved in Cryptocurrency Speculation. Guess what? In seven years, I have grown my small business from 30,000 U to over 3 million U, a hundredfold increase! Recently, a friend asked me, "What's the deal with that contract in the crypto world?"
To put it simply, in the crypto world, contracts are like "digital futures," called Futures in English, but we crypto world people love to call them contracts because each transaction is like two people signing a "future price betting agreement." In simple terms, it's just two people have different views on the future price of the currency: one thinks it will rise and wants to buy; the other thinks it will fall and wants to sell. So, they make a contract and bet on the future. Whoever guesses right makes money; whoever guesses wrong loses money.
Income can be magnified: you can play big deals with a small amount of money, and the income is huge (but the risk is also high, so be careful). Making money from short selling: you can find money-making opportunities even when the market is not good, and you can profit from both the rise and fall. Convenient trading: you don't need to actually buy coins, just calculate the profit and loss directly, saving time and effort.
High leverage risks: with high leverage, liquidation comes quickly, a slight price movement can wipe out the account. Market volatility: the crypto world itself is already exciting enough, the futures market makes the heart beat faster, those with heart problems should be cautious. Cost of capital: perpetual contracts also have fees, over time, the cost goes up. Complex strategies: for beginners looking at contracts, various rules and strategies are like deciphering ancient texts, it takes time to study.
Don't be greedy with leverage: start with small leverage (2-5 times) at the beginning, don't go all-in with 100 times leverage at the beginning, keep more principal for playing a few more times! Risk control: set up good stop-profit and stop-loss, don't always think about "taking another gamble", protect yourself. Rational investment: only try with spare money, even if you lose, it won't affect your life.
I need fans, you need references. It's better to follow than to guess blindly.
Pay attention today: RARE MDT HEI