$BTC A brief talk about my personal advice on contract trading!
I have entered the cryptocurrency circle three times, and encountered black swans three times. I can only say that my life is too hard. I have turned over several times, and I have also been drained of funds several times. To be honest, cryptocurrency trading is nothing more than dreaming of getting rich. After all, if there is no government supervision, if there is a bull market, it is quite popular.
Having said that, if you want to get rich by speculating in cryptocurrency, you can only use contracts, especially high-leverage contracts. Getting rich or returning to poverty overnight is the moment when the index fluctuates up and down. Since I entered the cryptocurrency circle, I have always been mainly based on contracts. Now in the process of Bitcoin callback, I personally suggest that whether you are long or short, don’t choose Bitcoin or other currencies of Ethereum. Bitcoin is the only weather vane in this market. The frequency of surges and plunges is much lower than that of other altcoins. Usually when Bitcoin is sideways, other altcoins will suffer a sharp drop or continue to fall. Only when Bitcoin stands at 71,000 points, other altcoins will have their own room to play. In addition, it is not recommended to use a multiple of more than 20 times. 10 times or 15 times is for fun. More than 50 times is only for short-term trading. Welcome to exchange ideas with all the experts!