Let’s talk about unrealized and realized profit and loss. I’ve jotted down a few important points.
With 10x leverage, a 5% price increase means a return of about 50% on a long position; conversely, a 5% price drop means a return of about −50%. Don’t treat unrealized gains as profits you’ve already made. If the market pulls back, those gains can shrink very quickly.
$BTC is currently at 73630.01.
Leverage isn’t mandatory. It’s completely fine to avoid it if you don’t understand it.
With 10x leverage, a 5% price increase means a return of about 50% on a long position; conversely, a 5% price drop means a return of about −50%. Don’t treat unrealized gains as profits you’ve already made. If the market pulls back, those gains can shrink very quickly.
$BTC is currently at 73630.01.
Leverage isn’t mandatory. It’s completely fine to avoid it if you don’t understand it.
