How to short and long digital currency

1.

Now the popular digital currency futures is bitcoin futures. On December 11, 2017, Beijing time, CBOE launched the bitcoin futures XBT, and the market reaction was hot, triggering the circuit breaker mechanism many times. CME of Chicago Mercantile Exchange launched bitcoin futures BTC on December 18, 2017, which brought about great fluctuation

the two major bitcoin futures procts have the following similarities and differences, which are worth noting:

1. XBT unit is 1 bitcoin, BTC is 5 bitcoins

The minimum price change: XBT is $10 / bitcoin, BTC is $5 / bitcoin

XBT trading time is from 7:00 on Monday to 6:00 on Saturday, Beijing time; BCT trading time is from 7:00 on Monday to 4:15 on Saturday, Beijing time

4. The position limit was 5000

Price circuit breaker mechanism: XBT price fluctuates more than 10% of the previous day's closing price, trading is suspended for 2 minutes, more than 20%, trading is suspended for 5 minutes; The BTC price fluctuates more than 7% or 13% of the closing price of the previous day, triggering the circuit breaker mechanism. The specific suspension time has not been disclosed. If it exceeds 20%, the trading will stop

XBT requires 44% initial margin, which is about 2 times leverage; BTC Requires 35% of the initial margin, which is about 3 times the leverage. It is worth noting that both exchanges have indicated that the margin amount can be adjusted according to the actual situation

2. For example, bitoffer's ETF is more than three times empty, with no management fee, which is much better than Matcha

3.

1、 7 * 24 hours trading

the trading time of digital currency is very long, 24 hours a day, 7 days a week, 365 days a year. As long as you like, you can trade whenever you want. There is no time limit

friends who have worked in stocks and futures know that stocks and futures have trading time limits. A few hours of trading time in a day is not enough. Digital currency is a real all-weather trading, which can meet the needs of friends who trade in different periods of time. You can trade whenever you are free, even on weekends, It's just so willful

Second, there is no limit on price rise and price fall.

there is no limit on price rise and price fall in the trading of digital currency, that is to say, it can rise and fall freely without any limit. You can say that there is a huge income space, but you can also think that there is too much risk. This is a matter of different opinions. There are good and bad, because the income and risk are positively related. Digital currency trading platform "currency exchange"

the price demand of the market can be truly reflected without the limit of rise and fall, because the rise and fall of the price is a very natural process. When everyone is optimistic, it will rise, and when they are not optimistic, it will fall. This is the law of price fluctuation, and the limit of rise and fall only adds human intervention to the price fluctuation to slow down the price fluctuation, But it can't really stop the price movement. Therefore, there is no limit on price fluctuation, which is the most real price fluctuation and truly meets the market demand and expectation

(3) t + 0 transaction: Generally speaking, the digital currency bought on the same day can be sold on the same day, that is, it can be sold with the buyer. It sounds very powerful. If the digital currency you buy makes money, you can sell it immediately and make it safe; If there is a little loss, you can also sell it immediately to prevent the loss from further expanding. All t + 0 trading system is really very practical, can be very flexible to deal with the hands of the position

Four, two-way transaction digital currency can not only buy long, but also sell short. Most of my friends basically understand buying long and bullish, but they don't understand selling short and bearish. This is actually a reverse thinking, the key point is to judge the direction of rise and fall accurately, at the same time, there is a price difference to earn on the line

for example, we can buy at a low price and then sell at a high price to earn the price difference (buy long and be bullish); You can also sell at a high price first, and then come back at a low price to earn a difference (sell short and put). The operation steps are almost the same. It's just a direction of business

Five, margin system margin trading is to pay a part of the margin to buy the relevant digital currency, just like when you buy a house, you only need to pay a certain down payment to buy the house. This is the legendary leveraged trading, but at present only some platforms have leveraged trading. Margin trading (Leveraged trading) has achieved the goal of "small, broad and big", maximizing the efficiency of capital utilization, expanding both profits and losses. We can treat it dialectically

4. Buy more to build a position refers to multi position, can also be called bullish, buy a currency, bullish
short selling to build a position refers to selling a position, which can also be called short interest, selling a certain currency and being bearish. Some people call it long or short. Short selling mechanism is to borrow other people's shares to sell in advance when the market is going to fall at a high level, and then buy them back at a low level and return them to the borrower to close the position to make a profit. It is the reverse operation of the current buying stock to make a profit by rising. Because it makes a profit by falling, it will attract a large number of funds to short in the bear market.

5. It's time for 32-bit system to switch to 64 bit system, so the problem of software compatibility is serious. It's better to choose procts of the same era to match each other to prevent compatibility problems.

6. The biggest difference between leveraged trading and spot trading is multiple
how to use leverage
1. Long (buy up)
here, take BTC / usdt leverage trading as an example (usdt vs. US dollar, 1 usdt = US dollar) to introce how to use bitcoin leverage. Assuming that the current price of bitcoin is US $10000, and you predict that the price will rise in the near future, you can choose to be long.
if you have only 10000 usdt principal and the platform is triple leverage, you can borrow another 20000 usdt from the trading platform, so the principal is now 30000 usdt; If it is 5 times leverage, it can borrow 40000 usdt, 10 times leverage is 90000 usdt... And so on
buy three bitcoins with 30000 usdt, sell them when they reach 20000 usdt, and get 60000 US dollars of bitcoin, dect 10000 principal and 20000 loan, and make a profit of 30000 US dollars
if you don't use leverage trading, you can only make a profit of 10000 usdt if you buy a bitcoin at 10000 usdt
of course, if the judgment is wrong, bitcoin will only lose 5000 usdt in currency trading and 15000 usdt in leverage trading
2. Short (buy down)
take BTC / usdt triple leverage trading as an example. At present, the price of bitcoin is 20000 usdt. If you think that the price of bitcoin will drop to 10000 usdt, and you have 10000 usdt in your hand, you can borrow one bitcoin from the platform (short can only borrow the currency you choose to short), and sell it when the price of bitcoin is 20000 usdt, Then, when the bitcoin price is 10000 usdt, buy it back to the platform, and you can make a profit of 10000 usdt
in fact, bitcoin leveraged trading plays a role in amplifying revenue, but it also magnifies risk

there are many digital currency trading platforms, and the main procts promoted by each platform are also different. Some are mainly spot trading, and some are futures trading. Among them, futures trading is contract trading, that is, leverage. The better platforms are coin stations, which can be seen by contract friends.

7. Mining with a graphics card, not the CPU

8.

Different colors of the cream have different effects, according to their own needs to choose

1, ivory white: suitable for some skinned people who need no more skin color correction. They use them to cover defects and pore, and create the effect of nude make-up. Some people, regardless of their skin color, rashly choose ivory white in order to make them look white. In fact, it's a big mistake. In this way, the skin color of their face and body is far from natural. Most of us are not particularly white, so we should be cautious.

2. Light skin color: darker than ivory, more suitable for our Asian skin color. The skin is not black or white, and tends to be popular. Choosing this color is not too wrong

3. Dark skin color: this color is more suitable for the dark beauty, which will make the skin white. Don't choose the color number with your own skin color

Soft pink: it is suitable for people with fair complexion but not good complexion. Soft pink can add color to the skin and make people feel better. People with dark skin should choose carefully, otherwise they will appear black and red

5. Purple: purple, which is very popular recently, can neutralize yellow. Girls with dark yellow skin can use it to brighten their skin and make their skin look healthy and bright

6. Green: specifically for reddish skin, covering red blood and pockmarks to make skin look clean and shiny

extended information:

isolation cream is an important item to protect skin. The essence of sunscreen is sun protection. The sunscreen used in isolation cream is the same as that used in sunscreen. It is usually divided into organic sunscreen and physical sunscreen

organic sunscreen and ultraviolet can transform the harmful ultraviolet into harmless; Physical sunscreen agents (titanium dioxide, zinc oxide, etc.) mainly rely on the principle of reflection to block ultraviolet rays

to sum up, black people choose black, white people choose white, close to their skin color, and colorful BB Cream / isolation cream can neutralize and brighten their skin color. The most reliable thing is to have a try at the store counter

9. Here is the bus route of Kunming airport. You can choose the bus route according to the location, The bus station decided to take the airport bus:
1. Kunming airport bus line 1:
Kunming airport bus line 1 journey:
Xiyi Hotel (xiaoximen former xinnanjiang Hotel) - Xinying community (Renmin East Road) - Kunming Changshui International Airport Airport
Return journey of line 1: Kunming Changshui International Airport - Eastern passenger station - Xinying community (Renmin East Road) Kunming Mingxiongye Hotel (Beijing Road) - Yunnan University for Nationalities - Xiyi Hotel (xiaoximen former xinnanjiang Hotel)
2. Kunming airport bus line 2:
Kunming airport bus line 2 departure:
Wujiaba airport Kunming railway station (Jinjiang Hotel) - jialuda Hotel (Huancheng South Road) - Kunming Changshui International Airport Airport
return of line 2: Kunming Changshui International Airport Taili Hotel (Huancheng South Road) - Kunming railway station Wujiaba airport
3. Kunming airport bus line 3:
Kunming airport bus line 3: Kunming Changshui International Airport - Expo Park - Beichen Fortune Center (Beichen Avenue) - Beishi District (Linyu Road).