Quote from: Silberman on Today at 09:36:11 PM

Quote from: abrahamtownsend on November 11, 2021, 03:58:54 AM

Quote from: Zackgeno96 on October 27, 2021, 11:09:12 AM

Quote from: MIner1448 on October 27, 2021, 08:08:22 AM

Trading with leverage is a very dangerous thing for a beginner, especially for a gambler, because if you try it once, you can't pull everything off.
As a beginner, I was losing my deposits, trading with a leverage of x10, x20, but I realized that it was necessary to trade with a maximum of x5, and it would be hard to stop.

It's not recommended for newbies especially if they don't master the risk management. That's what will happen to any traders who don't know how to manage the risk and they just rely to luck and will ended up broke. I use high leverage even though I'm not a professional trader but I only use it if I'm really confident with my technical analysis.

That’s smart. Traders, most specifically the new traders need to understand that it’s not important to use leverage on every trade. Use it when you are very sure about a trade but it’s not good to exceed a certain limit even if you are very experienced.

That could be a decent approach, after all not every single trade that we make has the same chances of turning favorable to us, but unfortunately newbies do not do something like this, many newbies have the mistaken idea they can win 100% of their trades and when you have that kind of mentality then it does not make sense to not use leverage on every single trade, unfortunately their expectations about their skills and winning rate are as out of place as the profits they want to get, making them more susceptible to make mistakes from which they cannot recover.

Crypto trading carries a very high risk, so don't be too bold to use leverage in trading. We must first look at our analytical skills, if we still often
lose money when trading, don't try trading with leverage. I see newbies who use leverage when trading, because they want to make big profits
right away. We must be aware of the risk that we will lose all the capital we have if we use leverage without proper preparation. Therefore trading
with leverage is only recommended for professional traders, who are already experienced in the trading world. I've been trading crypto for 5 years,
very rarely trade with leverage, because I know the risk is very big. I prefer trading without leverage, it doesn't matter the profit generated is small,
but if it is accumulated it will be large too.