About the leverage you used, it is good for me, having low leverage on this kind of trade is good, make sure you don't forget to put your stop loss and price target based on your risk:reward ratio.
Thanks man, I appreciate the feedback. TBH I was kinda expecting to get lambasted for trading leverage without fully understanding how it works
Admittedly I didn't use a stop loss with this trade, however would be planning to do so if I make any further leveraged trades in future.
You kind of been lucky to trade with leverage and come off it with no regret and that is because the bitcoin market is on the bull for now and whoever is trading with leverage have no challenge but if price drops it is a problem as you will be liquidated. As you have the advise for using stoploss is important. Learn more about leverage and don't always take the chance, you may not be lucky.