reply guys

Little insight on leverage after the brutal OI flushes we saw

I use 6x leverage when I trade. Why? Because it increases my profits by 500%. 

Ex: If you buy 1 Bitcoin for $10k and sell it at $50k, you make a profit of $40k. However, if you use 6x leverage, your profit increases to $240k. That's the power of leverage!

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But isn’t it also that with 6x leverage, a 17% drop in price gets you liquidated?

Computational architect. Some structure, mostly chaos. Co-founder {protocell:labs}

https://protocell.xyz/