What leverage really does
Leverage lets you control a larger position than your own funds would allow.
At 10x, a 1% price move changes your margin by about 10%, in either direction. A move of roughly 10% against you can wipe out the position, and it is often liquidated sooner.
Leverage multiplies losses as well as gains.
For information only, not financial advice.
#CryptoBasics #RiskManagement
Leverage lets you control a larger position than your own funds would allow.
At 10x, a 1% price move changes your margin by about 10%, in either direction. A move of roughly 10% against you can wipe out the position, and it is often liquidated sooner.
Leverage multiplies losses as well as gains.
For information only, not financial advice.
#CryptoBasics #RiskManagement