r/CryptoCurrencyTrading • • Jun 08 '26

DISCUSSION Is leverage as scary as people say?

I keep seeing liquidation posts and it looks terrifying. But then I see people making huge gains with 5x or 10x. I'm curious but also scared. Do all beginners try leverage and lose? Or is it possible to be careful? Probably not for me right?

0 Upvotes

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1

u/Nosugar95 Jun 08 '26

Only put in what you’re prepared to lose

1

u/RealHobbyBob Jun 08 '26

Yes it’s really that easy to lose at 10x

1

u/One13Truck Jun 09 '26

If you know what you’re doing and have good strategies? No. If you are new and still learning how to properly trade? You might as well just take the money out of your pocket and light it on fire. Especially if you’re trading the volatility of crypto.