Cryptocurrency contracts are not a joke, and novices must read: the correct way to operate contracts!
Recently, I found that many novice friends have entered the cryptocurrency circle, and many of them have directly skipped the spot and started playing with contracts. This is completely putting the cart before the horse! Spot is the foundation. If you are a newcomer, I really don’t recommend heavy contracts.
If you really want to try it, then take out 10% to 20% of your total funds to play with it, and each time you place an order, you can only use 20% of the 20 to open an order. For example, if you have 10,000U on hand, then you can only use 1,000U to 2,000U at most to engage in contracts.
If you are a novice, you don’t even know what K-line is, and you have zero trading experience, then touching contracts is simply giving away money. Veterans are often beaten in the contract market. You are a newcomer, and you think you can be better than veterans who have been playing for several years? Do you think you are a genius in the contract market? Even if you occasionally make a little money, it is also good luck, and sooner or later you will lose it all by luck.
Why is it recommended that novices choose the position-by-position mode when playing contracts? Let me tell you the difference between position-by-position and full position. Suppose you have 1000U to play contracts:
1. In the position-by-position mode, you place an order with a margin of 100U each time. If the position is liquidated, only the 100U will be liquidated, and the remaining 900U will be safe and sound.
2. In the full position mode, all 1000U in your contract account are counted. Although the margin is still 100U, the remaining 900U becomes additional margin. If you encounter a big market and you don’t stop loss in time, you may wake up and all 1000U may be gone.
Some veterans who play contracts will choose full position, because they may have opened contracts for several currencies. In the full position mode, the remaining margin can be shared with multiple positions, which is very convenient.
Before playing with contracts, newbies must learn the correct way to operate contracts. If you really don’t understand, you can consult me. Contracts suggest that you mainly play with BTC and ETH. Take 20% of the position to try my strategy, and the remaining 80% is steadily deployed in spot.
Now that ETH has pulled back to around 3,300, the opportunity to buy the bottom of the cottage is coming soon! I have carefully selected a currency that is expected to increase by 5-10 times for everyone. Leave a message + like, and share it for free!
