Is high leverage really dangerous?

Recently, I observed Langlang, who is on the 10,000-fold journey

I found that he had a 200,000 U capital

He opened a 40-fold bet at 60,000

40 times

You didn’t get rich even if you opened 2 times or 3 times

Others opened 40 times and didn’t get liquidated

In fact, the key to the problem is not how many times you use leverage

It’s just a tool

The key is how much backing you have

How many lives you have

Langlang used 200,000 capital

The backing is 10 million

He has dozens of lives

Is 40 times high?

Not at all

He is very stable