Long-termAuto-Invest

After experiencing losses in contracts in the crypto world, I summarized three painful insights:
Leverage is a double-edged sword. I used to think that 5x leverage was safe, but in extreme market conditions, a 20% fluctuation can lead to liquidation. The most painful experience was when ETH experienced a flash crash and got liquidated in half an hour; after my principal went to zero, I understood: the leverage ratio must match personal risk tolerance. Newbies are advised not to exceed 3x and always set stop-loss orders.
Emotions are the enemy. FOMO and panic selling are the biggest sources of
View OriginalLeverage is a double-edged sword. I used to think that 5x leverage was safe, but in extreme market conditions, a 20% fluctuation can lead to liquidation. The most painful experience was when ETH experienced a flash crash and got liquidated in half an hour; after my principal went to zero, I understood: the leverage ratio must match personal risk tolerance. Newbies are advised not to exceed 3x and always set stop-loss orders.
Emotions are the enemy. FOMO and panic selling are the biggest sources of