New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Many people say not to use leverage to trade contracts, and I completely disagree with this statement because we are retail investors, a group with small amounts of capital. Mainstream tokens like BTC and ETH. Even if you invest 100,000 U or 1,000,000 U in spot, if you come in January 2025, in the market, if you double your investment in spot, mainstream tokens can experience a 50% slump (Ethereum), while altcoins basically drop to zero - 80% to 90%. Even if you can earn a lot with a five-layer position, how can retail investors with small capital achieve several times the return?
However, leverage should not be used recklessly. First, restrain human greed; second, restrain the gambling mentality; third, choose key positions, such as oversold and overbought, and manage positions accordingly, using low leverage and not fully occupying the position. Fourth, technology is also key; range arbitrage is simply about reducing costs and lowering risks.
Currently, these market trends are completely based on news. With 5x leverage, even if you profit ten or a hundred times, I believe you won't survive more than two months. Therefore, it's essential to pay attention to news, always respect the market, focus on key points, reduce risks, and make good use of leverage; multiplying your gains several times is actually quite simple.
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