Today I will tell you that leverage is a sword it gives you benefit if it works
in direction of what you want . . . .
if it goes opposite to you only blood means you see red everywhere so you can use leverage carefully. more leverage means more risk
more danger.
less leverage means less risk of loss.
Most people who want to become millionaires in one night use high leverage and loss their money because they liquidated and when they see their loss they don't have the power to stop the trade.
and so if you reading this article then.
if you want to use leverage then please learn these additional things
Leverage mistakes
Golden Point
I am a professional trader and I am trading for 5 years so I will tell you the secret of leverage if you want to earn money in the long term.
in crypto, if you want to earn money and stay in the market
so use only 4x to 8x leverage with good risk management.
why high leverage is risky :
High leverage 20x and 50 x and 125 many exchanges provide you remember if you use high leverage and trade goes against you then your all money go to lose.
so you liquidated in just seconds.
so don't use high leverage
0 Comments