Is liquidation just a 3% move up or down? More leverage isn’t necessarily better

Leverage is like borrowing money to amplify your gains, but it also magnifies the risks. With $SAGA at a current price of 0.0253 USDT, a 5x leverage would liquidate you when the price drops to around 0.0241 USDT; with 10x leverage, a drop of only about 0.5% would trigger liquidation. “Dog庄” (market manipulators) love this kind of high leverage to pick off retail traders.

Newcomers shouldn’t jump straight into 10x or 20x. It may look like you’re making more, but in reality, you’ll die faster. When market volatility is high, lower leverage lets you last longer. Remember: not every market is suitable for trading contracts.

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