Many people ask: Why don't you talk about contracts? Don't contracts make more money?
Today I will tell you what is a cryptocurrency contract, what are the points to pay attention to in contracts, and why don't you talk about contracts! ! !
1. What is a cryptocurrency contract!
Contracts are divided into perpetual contracts and delivery contracts!
The main difference is: perpetual contracts have no expiration date or settlement date! Delivery contracts will have a deadline, and will automatically close and settle upon expiration! Basically, small retail investors play more perpetual contracts!
Contracts are also divided into full-position mode and position-by-position mode!
The main difference is: in the full-position mode, the margin is shared. As long as one order can't bear it and explodes, there is nothing left! In the position-by-position mode, the margin of each position is established separately, and they are not affected by each other. The explosion is only a part of it! (In short, the explosion is the destination of the contract)
Contracts are also divided into currency-based contracts and U-based contracts!
The main difference is: one earns U and the other earns currency. It is recommended that you use currency-based operations for long positions and U-based operations for short positions! Earn coins when the price goes up, and earn U when the price goes down
The simplest way to understand a contract is to expand your funds multiples. With leverage, your profits or losses will be magnified. Two words can summarize it: stimulation!
2. What are the points to pay attention to in contracts?
1. Don't resist orders, set up stop-profit and stop-loss! Don't think that you have a lot of funds and can withstand a large retracement. You should know that a single liquidation of tens of millions is also very common in the currency circle. There is a power called plug-in!
2. Try not to let the contract order stay overnight. It is best to close the position or set up a stop-profit and stop-loss before staying overnight! Avoid regretting it the next day!
3. For large funds, try to choose a large exchange to make orders to avoid not being able to withdraw the money later! Don't covet that little bit of cheap handling fee. Small exchanges are eyeing your principal!
4. Before choosing the currency for the contract, look at the trading volume of the contract. If there is no volume, don't play with small currencies to avoid the order from being closed later!
5. If you lose money on the contract, just accept it. If you make money on the contract in the short term, withdraw the money and store spot goods. The cryptocurrency circle is still dominated by spot goods. Even if you lose money on the contract later, you still have the capital to make a comeback!
3. Why not bring contracts?
1. It takes a long time to watch the market and the market when bringing contracts. There are a lot of things to do at ordinary times and I can't pay attention to the short-term market fluctuations in real time!
2. The current market is in a bull market in the currency circle. If the market is good, the actual yield of spot is not necessarily lower than that of the contract!
3. Old fans should understand! I won't elaborate here!
The final success in the currency circle must be the group of people who play spot, or the group of people who earn spot from contracts! ! You have to experience some things before you understand them. I really don't recommend playing contracts by yourself. If you really want to play, you can find a reliable KOL to play with you! It is difficult for ordinary retail investors to make money in the currency circle. You can't improve your cognition without experiencing several rounds of bull and bear markets! The bull market has come, and you may miss this wave of bull market if you still plan to study it yourself!
One person can go very fast, but you can go very far with us!
If you don't know how to screen strong coins, then I suggest you follow me. A slight move may be your limit. The opportunity is very short, so you must seize it! Success does not depend on luck, choice is more important than hard work, and circle determines destiny. In the currency circle, in addition to having a keen eye for time-saving and situational awareness, you must also keep up with a good team and a good leader. If you follow me, you are already halfway to success in the currency circle!
