#密码资产动态追踪 How much leverage should you open for perpetual contracts? Stop blindly following the trend; this is the real secret to survival.

Many people ask the same question in the background—what leverage is safe? I have a truth to tell: leverage is not a money-making machine; leverage is a double-edged sword. When used well, it cuts through meat happily; when used poorly, it leads to bloodshed.

The biggest pitfall of perpetual contracts is this—there's no expiration date. As long as you don't get liquidated, theoretically, you can hold a position forever. Sounds very free, but in reality, it's a trap. You can add positions at any time, wanting to chase profits when it's up, wanting to hold on when it's down. When leverage is amplified, your mind is filled with the allure of gains, and risks are thrown far out of sight.

Last week, I met an old trader who said he’s been trading with 30 to 50x leverage for years. I asked him why he doesn’t go straight to 100x. He rolled his eyes and said, "It blows up too fast, I can't react in time." That’s a good point—leverage is essentially dancing on a wire. 30x gives you a bit more room for a decline, 50x only leaves a few points of buffer, and 100x is instant liquidation. Take BTC as an example: 30x can't withstand a 16-point drop, 50x gets wiped out at 10 points, and 100x can only handle 5 points. 1x leverage is as steady as a rock but earns slowly; 100x leverage is shockingly aggressive but without discipline, your account can be wiped out in minutes.

What truly knocks traders out is never high leverage itself, but the lack of stop-loss, reckless adding to positions, and margin being drained completely. Holding just a few hundred USDT to dream of making thousands in profit—any slight market fluctuation can wipe you out.

The most heartbreaking thing isn’t seeing the opposite direction, but seeing the right direction clearly, only to be washed out by a small shake because of over-leveraging, watching the coin price soar while helpless. Coins like $XRP are most prone to this situation.

Remember this point: perpetual contracts are not afraid of high leverage; what’s truly dangerous is not leaving buffer for your account. The margin must be able to withstand normal market fluctuations—that’s the line between life and death.

Three bottom lines to keep in mind:
1. Use isolated margin mode only; using cross margin is like tying your entire fortune to a bomb.
2. Stop-loss must be set; without a stop-loss, the countdown to liquidation begins the moment you don’t set one.
3. Targets should be moderate—using 5000 USDT principal to earn 200 to 300 USD daily, the compound interest effect is ten times more reliable than gambling on a single shot.

Leverage doesn’t amplify market volatility; it amplifies the trader’s greed and execution. A trader with risk control awareness using 100x leverage is far safer than reckless trading at 5x. To survive longer in this market, learning to manage risk is always more important than chasing huge profits.