#Altcoins all deserve to fall. Currently, U-based contracts are supported, including value coins, with a total of 288 coins.
I shorted all the altcoins. Once you encounter a loss of more than 300%, the margin for covering one position is only a few cents. Don't underestimate these few cents. When accumulated, they add up to a lot. Once the market reverses, the profit is estimated to be considerable.
Why do I use U-based contracts for altcoins instead of coin-based contracts or spot trading? That is because, in my opinion, altcoins have the following risks.
First, there will be a risk of being taken off the shelves.
August 4, 2024 U-standard contract 1. Trading currencies: 290 currencies in the market 2. Buying and selling direction: long and short sides, open orders at the same time for hedging. 3. Position holding mode: Full position 4. Holding multiples: 20 times 5. Number of observation positions: 1U 6. Profit and loss percentage of replenishment: increase by 5% each time, for example, the first replenishment is 30%, the second replenishment is 35%, the third replenishment is 40%, and so on. 7. Quantity of replenishment: 10U each time
Currency Contract 1. Trading currencies: 3 currencies, Bitcoin BTC, Ethereum ETH, Binance Coin BNB 2. Buying and selling direction: long and short sides, open orders at the same time for hedging. 3. Holding mode: Position by position
The second cake is also falling. I am so scared. I just want to blow up my position. I have added a lot of margin and dare not add long orders. If it falls below 300, my position will be blown up😱 Short orders are not afraid for the time being. It will only blow up when it rises to 167,000🤔 $ETH
The price of pie is falling more and more. I was so panicked that I increased my margin. If it falls below 25,000, I will be liquidated. I am not afraid of short orders for the time being. It will only be liquidated when it rises to 1.66 million. $BTC
When the overall market rises, use [U-based contracts] to short-sell the copycat.
When the overall market falls, buy spot and put it in [currency-based contracts] as margin
Think about it, when the market rises, short-sell the copycat When the market falls, the spot bought, are you making money now?
When the market falls, will the short position make money? When the market falls, continue to buy spot, and wait for the next round of rise, will you continue to make money?
The price of pie keeps falling, and I am so scared that I keep adding to my position. I am so panicked. Will my position be liquidated? It will be liquidated if it falls to 27,000.