Leverage trading always carries a big risk, this is why I never want to use leverage trading. You better trade without using leverage because it will make you able to learn to manage risk management well.
Spot trading is something a lot of people should always preferably use most especially in their early years of trading. Leverage trading is a whole risky and the OP talking about some 500x, I can imagine how fast it would eventually take for him before he gets liquidated.
People are always looking for a fast means to get rich and as far as I am concerned, that is just some greedy thing to do which could back fire hugely before you even say Jack. Leverage is like making a bet with the chances of losing everything and the bigger you go on the leverage, the more risk you are exposed to.