Will the futures virtual currency be short 100% without leverage? Futures and virtual currency will lose money if they go up without leverage. Under normal circumstances, they will lose money only if they rise within a certain range, but if they really rise to 100% as you said, they will also explode their positions, because they have completely doubled their prices, and they will lose their principal. Trading without leverage is similar to buying stocks. When they lose money, they will directly lose money, but when they reach a certain level, they will explode. The original double amount of funds has now become ten times the investment, so when it is in the opposite direction, it will also enlarge the opening speed of 10 times. If risk control is not carried out in the bar trading, the risk of opening an account and holding a position is great.