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I appreciate your advice on futures and leverage trading. You are right, they are not for beginners and they involve a lot of risks. But I also think they have some benefits, like leverage and hedging. Leverage lets me trade more with less money, and hedging helps me protect my spot position from price drops. Of course, I always have a stop-loss and a profit target in place, and I never risk more than I can afford to lose. I respect your choice of investing in crypto for the long term, but I also enjoy the thrill and challenge of trading in the short term. To each their own, right? 😊
Leverage gives users to trade with the money they don't have which can end up positively or negatively but I will always prefer the spot trader over anything because its our money so we can make the decisions with no extra fear factor but when we are doing something that is not our's we always be very careful and not to take the risk even if we want to.
However I guess you have the experience of how to minimize the loss in case it happens but generally, people aren't aware of it and just go all in when they hear they can make more money which is wrong in my opinion.