LEVERAGE DOES NOT MAKE YOU RIGHT.
IT MAKES YOU EARLY TO LIQUIDATION.
Quick math (rough, exchange rules differ):
1x leverage: price has to fall almost 100% to wipe you out.
10x leverage: roughly a 10% move against you.
50x leverage: roughly 2%.
Now look at this week.
BTC swung through a $3,000 range in 24 hours.
Dip to $81,000. Rip to $84,000.
That is a move of almost 4%.
At 50x, that range alone ends the trade.
THE X VOREX READ:
The traders who survive are not the ones who bet the biggest.
They are the ones still in the game next month.
Signal: CAUTION on high leverage.
What is the highest leverage you have ever used? đ
Not financial advice.
$BTC #Leverage #CryptoTrading #XVorex #BinanceSquare
IT MAKES YOU EARLY TO LIQUIDATION.
Quick math (rough, exchange rules differ):
1x leverage: price has to fall almost 100% to wipe you out.
10x leverage: roughly a 10% move against you.
50x leverage: roughly 2%.
Now look at this week.
BTC swung through a $3,000 range in 24 hours.
Dip to $81,000. Rip to $84,000.
That is a move of almost 4%.
At 50x, that range alone ends the trade.
THE X VOREX READ:
The traders who survive are not the ones who bet the biggest.
They are the ones still in the game next month.
Signal: CAUTION on high leverage.
What is the highest leverage you have ever used? đ
Not financial advice.
$BTC #Leverage #CryptoTrading #XVorex #BinanceSquare