I am referring to Vitalik Buterin, one of the ethereum founders post on Twitter that states that people should not use 2x leverage.
Don't use >2x leverage. Just don't.It is one of the things he listed as a financial advice. Which should be more about investment. As a trader, what do you think about it? We set some money aside for trading and as for me I still use up to 2.5x leverage for bitcoin to.oepen a long position.
I think using this low leverage is good for traders.