What is the use of changing the multiplier of this contract, $JELLYJELLY ? I am currently short at 5x. If I change it to 10x, can I make twice the profit now?
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SeeTheLightThroughTheClouds
· 12-15 00:05
Change your multiplier, but the open positions haven't changed yet.
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GateUser-b3a93c3b
· 12-14 22:49
Just go for it💪
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Dankhaleel
· 12-14 19:50
Ape In 🚀
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Xige00
· 12-14 18:21
Leverage amplifies margin reduction, allowing you to open other coins or hedge, and the profit depends on how much you open.
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GGgiao
· 12-14 18:18
The difference between 5x and 10x is that a 5x leverage requires a lower margin for opening fewer positions and has a farther liquidation price.
With 10x leverage, the number of positions that can be opened is higher, and the liquidation price is closer.
What is the use of changing the multiplier of this contract, $JELLYJELLY ? I am currently short at 5x. If I change it to 10x, can I make twice the profit now?