🚨🚨 ATTENTION 🚨🚨
In my opinion, if you do not have much experience, do not trade with leverage unless you are a professional, even if you have experience. Because leveraged trading melts all your money and labor just like the sun melts ice. He gives and gives and then takes back everything he gave at once.
If you are going to make a transaction with leverage, do it only in Bitcoin and do not exceed the maximum of 5x. In fact, do not exceed 3x most of the time. Definitely, definitely do not use leverage at the bottom!
Even if Bitcoin falls to the ground, it will somehow rise again, but if the alts fall to the ground, they cannot rise and become "knocked out".
Even if you are still upside down at $BTC and you do not enter “all in”, you can rotate the 3x-5x leverage or move the position, but this is almost impossible at the bottom.
Stock markets do not allow you to use leverage because they love you so much or to make you rich. Stock exchanges use this leverage to make themselves rich.
Stock exchanges know and see every transaction you make. It's almost impossible to beat them.
When playing poker, when you use leverage, act knowing that the mirror behind you shows your entire hand to the other party.
Leverage earns the most pocket money, but it leads to spot wealth.
What have we been saying for years: spot is sweet!