In the crypto world, after years of struggle, the most frequently asked question is: "What is the most suitable leverage for Perptual Futures?" To be honest, the way many people ask this question is problematic in itself—their focus has been off from the very beginning.

The biggest feature of Perptual Futures is that there is no expiration date. What does this mean? It gives you the flexibility to enter and exit at any time, as well as the temptation to amplify profits infinitely. But behind this temptation lies the same amplified risk. Leverage is essentially a double-edged sword: when used correctly, it is a rocket booster; when used incorrectly, it is a meat grinder.

There is a common misconception here - many people think that 30x is quite aggressive, while 100x is gambling behavior. In reality? The difference between the two is just the time window in which the market reacts to you: one is a distance of a few centimeters, and the other is a distance of a few millimeters. What truly determines whether your account lives or dies is not whether you choose 30x or 100x, but how you allocate your positions and how much margin you have prepared.

Have you seen someone like this—taking 500 yuan in capital to leverage tens of thousands in positions? What happens next? A casual market fluctuation and the account is wiped out. The most heartbreaking part is not that the direction was wrong, but that the direction was right, yet they were shaken out during market volatility. This is what they call having the eyes earn while the backside loses.

So the core issue of trading contracts is definitely not "how many times to leverage", but rather "how not to die". Specifically, there are a few points:

**The first rule is to only use isolated margin, never full margin.** This way, your risk is locked into a single operation, and if one position gets liquidated, it won't affect the entire account. Using full margin is like betting all your assets; one misstep could lead to complete disaster.

**The second point, a stop-loss must be set.** This is a lesson learned at the cost of blood. Don't fantasize about "holding on," that is the beginning of liquidation. Once a stop-loss is set, it should be executed without any room for negotiation.

**Article 3, set a small goal every day.** For example, with a capital of 500, aim for 50-100 per day. Sounds small? But if you stick to it, the monthly return will easily be 20%-40%, which is an extremely impressive number in the entire financial market.

There is an interesting phenomenon: the traders who truly make money are often not the ones who frequently open 100x positions. Instead, they care more about one thing - how to survive longer. A 100x account that can control losses is much safer than a 5x account that operates without discipline.

Ultimately, leverage itself is not magical. It is a magnifying glass that amplifies your discipline as well as your greed. Some use it to consistently profit, while others use it to face liquidation— the same tool can lead to vastly different outcomes.

The last sentence: There is no absolute "correct multiplier" for leverage, only whether it matches your current level of understanding and execution ability. Those who have been liquidated are not defeated by the market, but by themselves. Greed is the truest enemy of Perptual Futures.