High leverage is deadly look what happen to Chinese crypto fund management firm founder that lost 2,000btc because of 100x leverage. What will you do if you losing that huge amount of money?
Being a trader is not easy you need to be positive all the time dont be stress if you lose your trade. I'm here to this thread to observe what will you guide if you losing money like what happen to Chinese trader.
I searched for the most preferred leveraged ratio, google said that 100:1 ratio in leveraging is better than 50:2 but take a look at this. Many people cried of 100x leverage . Usually happens if there is an assumption that the price would hike, a week or a month before you have seek in leveraging your position. I don`t use margin tradings or leveraging because it is too risky. In fact, I am not still pro and rich to use some kind of that. I just believe upo my technical analysis and funds in trading.