$BTW Many people don’t really understand futures contracts. When you short a contract, you borrow coins from the platform to pump the price. When you close your position, you’re the buyer. If you open a 1,000 U position with 10x leverage, even if the price drops to zero, you can earn at most 900 U. That’s fixed. If you go long and the price rises tenfold, you’ll earn 15,000 U. The loss from liquidation is the same, but the profit from going long can be dozens of times greater than from shorting. Suppose this coin is currently at 1.5. You borrow 1,000 U worth of the coin from the platform and open a short. The price falls to 0.1 and you close your position—in other words, you buy at 0.1. You have to spend 6,700 U of your profit to buy back the coins you borrowed from the platform when the price was 1.5 U. After all that, you’ll be left with only a small profit of a few hundred U. If you had gone long and the price rose tenfold, your profit would be 9,324 U. So catching one long is better than the profits from ten shorts. The risks are equivalent; it’s just that, relatively speaking, shorting is much more likely to win, because you can wait for the price to rise high enough before shorting. It’s very hard to get in early on a coin that’s about to start rising.