Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
During each bull market of BTC,
At least two pullbacks of more than 30%;
20% pullback at least 5 times;
Around 10% of pullbacks occurred dozens of times.
More than 20% of the pullback is considered risky as it can liquidate leverages of over 5 times.
So, players with leverage of more than 5 times basically have no chance to play with the bull market; if they still want to go long and short in the trend, the risk doubles. For players with leverage of more than 10 times and short-term trading, it is no different from going to Macau.
It's not a matter of risk preference, but of not being able to overcome the Kelly formula.