#美SEC促进加密资产创新监管框架 How to set leverage in perpetual contracts? Don’t gamble blindly—read this survival guide first

$CITY $1000LUNC $XNY

Recently, my DMs have been blowing up with the same question: “How much leverage should I use?” I’ve been answering this since 2019. Newbies fall into traps; veterans blow up their accounts. I’ve heard every story in the book.

Let’s be honest: leverage isn’t an ATM—it’s a double-edged sword. Use it well, you’ll rake in profits; use it poorly, and you’ll be sent home packing.

Where’s the trap with perpetual contracts? There’s no expiry date—you can theoretically hold a position forever. Sounds great, right? But the problem is this “freedom”—you can always add to your position. When prices go up, you want to chase; when they drop, you want to average down. Pull the leverage higher, and the thought of multiplied returns takes over your mind. Risk? You’ve already forgotten about it.

Last week, I met a guy who always uses 30x to 50x leverage. I asked, “Why not just go 100x?” He laughed: “That blows up too fast, you don’t even have time to react.” I had to laugh—using leverage is like walking a tightrope. 50x is slow suicide; 100x is instant death. The only difference is how many seconds the market gives you to escape.

Let’s do the math. Take BTC as an example: 30x leverage can’t withstand a 16% move; 50x is 10%; 100x shrinks it to 5%. 1x leverage is safe as can be, but you’ll make money so slowly you’ll question your life choices. 100x is ferocious, but if you have no discipline or stop loss, your account can go to zero in minutes.

What really blows up your account isn’t high leverage—it’s terrible position management and not enough margin. Trying to use a few hundred USDT to leverage tens of thousands in profits? A small market shake will kick you right out.

The worst is not picking the wrong direction, but getting the direction right and still getting stopped out by a small pullback because you maxed out your leverage. Then you have to watch helplessly as the market takes off in the direction you predicted.

Remember this: Perpetual contracts aren’t scary because of high leverage—they’re scary when your account has no buffer. Your margin must be able to withstand normal volatility—that’s the survival baseline.

Burn these three rules into your brain:
First, only use isolated margin mode. Cross margin is like tying your entire net worth to a time bomb.
Second, always set a stop loss. The moment you start holding on and refusing to cut losses, the countdown to liquidation begins.
Third, don’t be too greedy. With a $5,000 principal, earning $50 to $100 per day is plenty. Compounding your gains is far better than going all-in on a single bet.

Leverage doesn’t amplify the market—it amplifies your greed and discipline. A well-managed 100x is a thousand times safer than a brainless 5x.

Perpetual contracts aren’t about who’s the gutsiest—they’re about who survives the longest. With a reliable system and strict discipline, you’ll be able to walk away with profits and a smile.