How to open BTC long term contract
the leverage performance of bitcoin virtual contract is the leverage stability of the revenue level of legal currency: if you invest US $100, the revenue you can get = US $100 * the rise and fall of bitcoin * the fixed leverage ratio
assuming that the current price is 500usd / BTC, an investor can buy a BTC at the current price with the principal of 500usd. At this time, the investor can make 50 more BTC virtual contracts. At this time, if the BTC price rises to $750, or 50%, the investor's contract income is 3.3333 BTCs, which can be sold at the current price to get $2500, and the income is five times of the principal investment. If the price rises to $1000, the contract revenue is 5btc, and the dollar revenue after selling is $5000, which is 10 times of its dollar revenue. No matter how the price fluctuates, the leverage of the contract is very stable, which makes it convenient for business and household contracts to hedge and ordinary investors to manage their positions.
when it comes to the big three of traditional contracts, I have to mention bitmex. This old exchange was once the largest bitcoin contract trading platform in the world. With the advantages of good market depth and low transaction fees, it has long been at the top of the global exchanges only by contract trading. On the evening of May 19, bitmex suddenly went down, and investors could not operate normally for more than an hour. The last outage occurred two months ago. Although bitmex is still in the leading camp in the field of contract exchanges, its aura is much dimmer than at its peak. Repeated downtime and successive court cases have made many users suspicious of the platform and added uncertainty to the future of the platform
according to the latest data from skew, a cryptocurrency derivatives analysis company, bitmex ranked fourth with us $2.17 billion in the 24-hour BTC contract trading volume of the exchange, followed by fire coin, okex and coin an, with trading volumes of US $4.08 billion, US $3.93 billion and US $35.4 respectively, among which fire coin ranked first was nearly twice as high as bitmex. It can be seen that the performance of the old contract exchange's hot money and okex is still good. In just three months, the online perpetual contract of Huo coin won the first place in trading volume, which is closely related to the global compliance, mine pool, public chain, HT and other invisible values behind Huo coin group. On the other hand, however, when faced with the "312 exam", Huo coin and okex did not seem to go smoothly. For a while, problems such as pin insertion, downtime, network cable pulling, and inability to close positions swarmed in, and even the headquarters rights protection incident occurred. Like bitmex, customers of both exchanges are questioning whether this is a manifestation of "shoplifting"? In the face of extremely high trading volume and accumulated instry reputation over the past few years, how should Xiaosan choose
in September 2019, Jex, the cryptocurrency derivatives platform, was acquired by the security capital, and a / b double contracts were launched in parallel. Almost at the same time, bitmex's official twitter also targeted "plagiarism" at coin an. From open margin trading to futures and options, currency security is following the path of contracts. It seems that the way of currency security entering the contract is not smooth: a series of scandals, such as deliberate pin insertion, K-line optimization and early position explosion, also broke out. But these still can't stop coin an from taking a share in the traditional contract giant's trading volume
of course, good depth, large user base and strong professionalism are the advantages of the first-line mainstream exchanges. The other side of the coin, such as bitmex's too professional user interface, has turned away many new retail investors and Xiao users. At the same time, KOL, big V and local communities, which have strong capacity to bring volume, resolutely join in the arms of emerging exchanges such as bybit and bitge e to low commission rebate and low handling charges
all along, bybit's image in the circle is more like an "overseas player". According to official data, most users of bybit are located in Europe, with only 20% in Asia. In addition, bybit performs well in proct experience and other aspects, and the proct interface is single and clear, which can give users a better visual experience. Recently, the relevant person in charge of bybit said that it is necessary to vigorously develop the domestic market, but at present, there are few bybit contract varieties, and the Chinese market contract market competition is white hot, and the customer demand is diversified. If it wants to sink, I wonder if it will be acclimatized? Let's see
bitget is starting to make its mark in the contract instry this year. Because of its strong user experience and customer service, it has attracted a large number of Xiao users, and has good trading depth, so it is called "black horse of contract trading" in the circle. Recently, the newly launched one click merchandising proct is widely praised for its focus on solving the two-way pain points of users and traders. It is especially suitable for small white users and can play contracts without threshold. According to the evaluation on social network, bitget didn't go down in the two extreme markets of last year's "9.25" and this year's "3.12". The drawback is that although the positive and negative currencies are complete, before bitget only had one warehouse by one, not the whole warehouse, some users will not be used to it. Fortunately, now this function is online. It's a good choice
emerging exchange FTX was established in 2019. According to skew, a well-known data website, the daily trading volume of eth futures jumped to a record high of US $245 million on February 28, an increase of 51% compared with us $162 million on February 25. Behind the gorgeous trading data, the CEO of FTX fell into the scandal of misappropriating the assets of exchange customers, which also dragged FTX into a negative quagmire. According to the relevant data, most of FTX customers are from quantitative organizations, and the operation interface also stays at the PC side. At present, the app version has not been launched. For most domestic retail investors who are used to mobile Internet, inconvenient use is one of the biggest problems.
A:
perpetual contract is an innovative financial derivative, which is an upgrade on the basis of traditional futures contract. Different from the traditional futures contract, it has the characteristics of delivery date, market manipulation, killing short and killing many, fixed-point position explosion and so on. Perpetual contract has no delivery date, which is a new type of digital currency derivatives. It is between the traditional spot and futures contracts. Traders can buy long or sell short, which can avoid the risk of swap after the contract matures. It is a very suitable financial investment proct for digital currency derivatives.
The contract trade launched by okex is a trade that has been used too much at present. The leverage trade can make users small and broad, but at the same time, the risk is doubled, with high risk and high return. What should novice barber pay attention to when they start contract trading
at the beginning, the novice suggested to make a 10x contract instead of a 20x leverage risk: This is easy to understand. For example, if you open a position with 10x leverage, the price will drop by 2%, and the corresponding loss will be magnified by 10x and 20%, and these transactions are not as small as the fluctuation of stocks. The 1% and 2% rise and fall are very random, It's possible that the big bull of the platform, Dazhuang, is happy today. After a wave of crazy sales, the price will crash down. Therefore, the novice must have a corresponding understanding of the risk of this leverage
trading risk: many novices have experience in investing in stocks and think they are old birds, but here you should treat yourself as a newcomer and a rookie and learn from them. The leverage risk of okex's contract trading is very high. You can also set the trigger price. However, when the price falls sharply, it will be too late to make a deal. For example, if you open multiple positions and set a price to trigger the closing stop loss, for example, 10 yuan. But when the price falls from 10.5 yuan to 9 yuan instantly, it is possible that the 10 yuan trigger price you set can't make a deal because it falls too fast, This is mainly about the liquidity of contracts, so we need to be clear about this. We must choose the contracts with good liquidity. On okex, we can choose the mainstream contracts such as BTC, ETH, EOS, etc. the liquidity of BTG, XRP and BCH is relatively poor. Let's handle them by ourselves
opening strategy: the contract trading here is actually a zero sum game. When you make money, someone is losing money. If you want to make money here, you have to know how to operate the contract trading better than most people. A place that novices must pay attention to is to control the position. It is suggested that novices who have just started to make contracts should not put too much money in it, Tens of thousands to tens of thousands of yuan is enough, the contract does not need a lot of money to play. Let's talk about opening a position. For example, your capital is 10000 yuan. It is suggested that you divide your position into 4-6 shares and trade one share each time. In this way, even if you make wrong trade judgment and stop loss in time, your loss will not be great. Of course, I will talk about the stop loss strategy later. Position control determines your profit. Making money is nothing more than minimizing your trading loss and maximizing your profit. In addition, the contract of okex has 10 times or 20 times leverage. It is suggested to use 10 times leverage. 20 times leverage is easy to blow up the position, which is too risky
selling strategy: Here we should talk about the strategy of closing positions, which can be divided into two situations, one is to stop profit selling, the other is to stop loss selling. When the profit reaches a certain level, it is suggested to sell in batches. In a price range, sell a batch at the corresponding price. For example, when the contract price is 100 yuan, you can add 100 contracts and now it is 150 yuan. The profit range can be set as 130-140131 yuan, sell 10 contracts, 132 sell 10 Contracts... 140 sell 10 contracts, The purpose of this setting is to say that if the price continues to rise and does not trigger the price you set, then your contract will continue to make money; If the price falls down and triggers half of the contracts, and the other half of the contracts are not triggered, and then the price stops falling and rises, then your other half of the contracts can still make money, and your price cost is very low, and your mentality will be twice as good as what you buy now; If the price reversal falls and all the contracts set are triggered, it means that the trend of the market is also reversed. In this way, you can consider making new contracts or taking a rest to observe new opportunities
the stop loss strategy is the same. Take the above contract as an example, if you add 100 contracts at the price of 100 yuan, the stop loss will be set when the price loses 15% and 30%. As we said above, the price fluctuation of 1% is very random. If the fluctuation of 1% is 10 times of leverage, your contract income will fluctuate by 10%, Of course, there are also some stop loss and profit through support position and pressure position, which we will talk about later
position strategy: control the position, which almost all contract makers should know, because if the position is not well controlled, it is easy to burst the position. We come here to play the contract to make money, not to pay tuition fees, not to do public welfare. There are two kinds of position strategies. When the trend is not clear, small positions attack, even if the loss is small money; When the trend is obvious, half position, heavy position operation, this is our unilateral market, must be heavy position attack, because we want to make this part of the big money
position adding strategy: many stock market veterans who have been fighting for many years will make up their positions and rece the cost of buying when stocks fall. However, in currency market trading, this is not recommended, because the fluctuation is too large and the leverage is enlarged, which will blow up their positions every minute. Here is a suggestion for novices. When your contract is profitable, you can increase your position and increase it in batches. You can refer to the opening strategy. In the loss contract, we must, must, must not increase margin, learn to stop loss, and would rather cut the flesh and reopen the position than increase the position in the loss contract< br />