What leverage do you trade with?
There’s a common belief that traders lose more than they gain. Beginners in particular see “get-rich-quick gurus” showing off screenshots of x50 trades making thousands of dollars, but they don’t show that it’s a demo account—and then beginners rush to blow their deposits. Afterward, they say all crypto is a scam. Crypto is there to make money; whether you make money or someone makes it off you is entirely up to you. If you’re a beginner, forget about x5 leverage and anything higher. x2 or x3 is your maximum. Until you understand how the market works and which strategy suits you, it’s better to trade without leverage at all.
$BTC $ETH $BNB #BinanceSquare #Crypto #Trading #RiskManagement #Leverage
There’s a common belief that traders lose more than they gain. Beginners in particular see “get-rich-quick gurus” showing off screenshots of x50 trades making thousands of dollars, but they don’t show that it’s a demo account—and then beginners rush to blow their deposits. Afterward, they say all crypto is a scam. Crypto is there to make money; whether you make money or someone makes it off you is entirely up to you. If you’re a beginner, forget about x5 leverage and anything higher. x2 or x3 is your maximum. Until you understand how the market works and which strategy suits you, it’s better to trade without leverage at all.
$BTC $ETH $BNB #BinanceSquare #Crypto #Trading #RiskManagement #Leverage