I want to pay it back. There are clear provisions in laws and regulations. If it is a malicious liquidation, the company has the right to apply for criminal liability. If you don't pay back the money you owe, it will put you on the credit report. Once you get on the credit report, it will be very troublesome.

What should I do if my Bitcoin position is liquidated?

1. Open a perpetual contract! In this case, it will never be delivered. The money you earn can be delivered automatically at 16:00 every day! With all other trading software and trading contracts, delivery takes at least 7 days, and you cannot withdraw the money you make. In this case, the money you earn can be withdrawn at 16:00 every day.

2.5 times to 50 times, preferably 6 times. Double the amount is used to pay the handling fee. In this case, the position will be liquidated after a fluctuation of 20%. Even if you make a mistake, you have a lot of time to correct it slowly! With the perpetual contract, as long as you live long enough, there will always be a day to unwind! It means that it will never happen. Liquidation.

3. The amount of each order cannot be too large, preferably 5,000. Too big and easily excited. It is also easy to be targeted by bookmakers.

4. Under normal circumstances, all are short. The short order rate is about 5% every night! At night, there are very few bidder orders! The main force and bookmakers like to have big waterfalls at night. For example, multiple contracts on Bitcoin, EOS, and Ethereum were short one million! In the middle of the night, 100 Bitcoins were suddenly sold. Lowered by 5% at once. In this case, the loss will be 5 coins, 350,000 yuan. And earn tens of millions of dollars from the contract!

The reasons for losing money in futures are as follows:

1. No stop-profit and stop-loss positions are set

Futures fluctuate The larger the value, the higher the risk. When investors buy futures, they should set up take-profit and stop-loss positions to reduce losses.

2. Unreasonable control of their positions

Futures have a margin system, which amplifies investors’ profitability and risks. If investors do not reasonably control their positions, The position is easily forced to be liquidated or liquidated by the futures company.

3. Rise and fall is a matter of probability. Many investors operate in the same direction as the market, but when they make a little money, they start selling, but once they lose money, they will die. However, futures and stocks It’s different. Carrying it to death will only result in more losses;

4. Since the futures market is a T+0 transaction, and the speculative atmosphere in my country’s market is heavy, frequent operations will occur, and frequent operations require payment of handling fees, so As a result, you may make a profit in the short term, but you will always lose money after a year.