Using leverage is just another way to require you to learn risk management.

Using a large amount of your capital in a normal long position is a large risk, the same as using a very small amount of your capital at very high leverage is a large risk as well.  Let me explain:


Use 50% of your capital on one long position.  If the price drops 10%, you lose 5% of your entire capital.

If you use 10x leverage on 10% of your capital and the price drops ~10% you lose all 10% of the capital you risked by getting your position liquidated.


Using this example, you can see just how risky using large leverage can be.  The higher the leverage the more risky it is obviously.  Having 100-500x leverage is incredibly dangerous as even the smallest moves against your position can get you liquidated.