If it wasn't Vitalik, would you be discussing this?
He has a lot of money and also he forgets that each person has their own decision to determine which one is the best to choose. 10x leverage is dangerous, but some people like it because they think they will get more money if the market direction matches predictions. 2 years ago I became a person who likes playing with the futures market and high leverage.
I myself admit that I have lost and experienced liquidation in high leverage futures trading on Binance. But I am ready for the risks I will face. Regret is inevitable, but it is my decision, I must be able to make it a valuable lesson.
Right now I only focus on trading on the spot market, which means I only use 1x leverage. However, my action was not because Vitalik was giving advice, but was the result of my experience when experiencing losses on the futures market.
This is also not applicable to many coins that are very volatile in a way that 1x leverage can even lead to liquidation of asset. See what happened to TRB recently that fall from almost $700 to $125.
Can't that only happen if an asset experiences a drastic decline to just $0.00 which can cause the 1x leverage to be liquidated?