🧵2 Crypto exchanges offer various leverage options, ranging from 5x to as high as 125x, depending on the volatility of the cryptocurrency being traded.
🧵3 While leverage can increase potential profits, it also significantly amplifies the risk. Traders using leverage must be cautious as even a small price movement against their position can result in substantial losses.
🧵2 Crypto exchanges offer various leverage options, ranging from 5x to as high as 125x, depending on the volatility of the cryptocurrency being traded.
🧵3 While leverage can increase potential profits, it also significantly amplifies the risk. Traders using leverage must be cautious as even a small price movement against their position can result in substantial losses.
🧵4 Leveraging is not recommended for novice traders or those who are not well-versed in cryptocurrency trading.
🧵5 leveraging in the cryptocurrency market can be a powerful tool for experienced traders looking to maximize their gains.
https://leofinance.io/@technico/the-intricacies-of-leverage-in-the-crypto-market
leverage can be beneficial or hazardous to your trading experience depending on how it is been used