BTC leverage risk

1. For example, when the current price of bitcoin is $7000, you think bitcoin will rise. At this time, the net value of btc3x fund is 1. Therefore, you have applied for 1000 shares of btc3x fund with $1000. The next day, bitcoin rose to $7700, or 10%. Because btc3x is triple leverage, the net value of btc3x fund is 1.3, so you made a profit of 30%, that is to say, you made a profit of $300.

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3. I generally think that the cheapest time for bitcoin is in 2012, and it has been more expensive since then. It's about $30000 now.

4. Hello, leverage is a common financial tool. That is to say, through the margin system, we can enlarge the assets for investment. With leverage, the risk and return will be magnified simultaneously, because the profit and loss of investors after using leverage is not calculated according to the amount of margin invested, but according to the amount of funds magnified.

5. Bitcoin doesn't have to be leveraged
generally, it is short-term to use leverage to forecast the rise or fall of bitcoin. According to a certain leverage ratio, it is possible to gain a lot or lose a lot, which is the operation mode of risk trading
you can also buy bitcoin spot, which is generally a long-term investment plan. Generally, it is held for a long time, and the time is long enough, It can also get high returns

6. It is recommended not to touch the leverage, and the risk is high. Choose the trading platform to go to the currency exchange, support the legal currency trading, with fast cash withdrawal speed and high currency quality

7. I suggest you go to bitcoin post bar. There are recommendations there.

8. The use of leverage is a double-edged sword. Too high leverage is too risky in the bitcoin trading market. In fact, the five times leverage of 17b is very good. As long as it can be used well, it doesn't matter much. It all depends on one's own ability. The key to bitcoin's operation is to set up a stop loss and stop earning. We can't blindly pursue high profits. It's a long flow of small water that is the key, because it's financial management after all, Instead of gambling, I hope it can help you.