What does a weekly contract mean (whether a periodic contract earns money)
What does a weekly contract mean? The meaning of a weekly contract is to deliver according to a fixed deadline. For long and short positions, if the price drops to a certain level (usually in the short term), one can choose to open long or bear a wave. On the contrary, if the price rises to a certain level, it needs to be cleared or closed, which is called “daily settlement”, that is, weekly trading pairs So, what is the weekly contract? It refers to: when the market situation rises sharply, investors use specific currencies to create bands, thereby achieving profits and receiving profit dividends. For example, if you want to buy Bitcoin, Ethereum and other tokens in the market, you should set a stop loss point. In this way, you can extract profits from your investment strategy and leverage it to maximize your returns. Due to the relatively short and uncertain market situation this Friday, everyone should pay more attention to the development direction of next week’s contract
Do periodic contracts earn money
In the past week, we have discovered a lot of information about periodic contracts. For example, as shown in the above figure, Bitcoin and Ethereum are two varieties that have increased for two consecutive quarters; Ethereum continued to decline, while Litecoin experienced a slight correction, the most prominent of which was that the XRP price quickly rebounded to above $1 after falling to a negative value. So in recent days, many investors have been paying attention to what cyclical contracts actually make money, and they don’t know how to operate them. So the content we’re going to talk about today won’t be repeated.
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