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What does Bitcoin 3l mean (what does Bitcoin 3x 5x mean)

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What does Bitcoin 3l mean (what does Bitcoin 3x 5x mean)

What does Bitcoin 3l mean? In the coin circle, many people are asking what the use of 3L is Simply put, it means investing funds into a long contract to hedge against the risk of price increases. If this contract can withstand high fees and does not have sufficient margin support, investors can operate based on their net asset value in their investment portfolio. However, this model is relatively complex for leveraged traders, as many times a leverage of 1 point, 1 time, or 2 points can achieve unlimited leverage or even unlimited exposure, etc. However, this approach is very uneconomical

What does Bitcoin 3x 5x mean

According to Coinelegraph, according to Bitinfocharts, the price of Bitcoin has reached $20000. What does this mean by 3x 5x? In the Cryptocurrency market, such numbers are often used for trading and speculation. In other words, when a price rises, it always undergoes some changes; But if the price drops, people continue to buy and take profits Therefore, there is a method that can make it easier for investors to trade, thereby improving their investment portfolio or reducing its volatility.

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