I use 1x leverage because it lets me hold a losing position for quite a long time. The price can move 100% against me and I still won’t be liquidated. If I were using 10x leverage, just a 10% move would liquidate me. For BTC, a 10% move in a few hours is rare. But for low-cap altcoins, it’s relatively common. I rarely get emails from Binance saying I’ve been liquidated!