Taking calculated risks in the market can be like pushing through a tough leg day - you gotta know when to go all in and when to hold back. Thinking of going long on a solid project, anyone have thoughts on this strategy?

just got out of a convo with a buddy who's big into crypto and he was telling me about leverage trading and how it's not really meant for holding onto long term apparently the fees for holding onto those altcoins can get pretty steep especially in a bull market he was saying it's something like 2 bucks every 8 hours for a 1000 usdt position and that can add up quick if you're not making a profit anyone else have any experience with this kind of thing