✅🎁There's a problem in the leveraged markets. I've warned about this before: don't use leverage,🎁✅
don't try futures trading, you'll just lose your money. I can assure you of this. But this time, I don't want to talk about that. I want to talk about the effects of leverage on movements in crypto markets. It's important to understand this. First, let's understand how leverage works: Imagine you open a trade with $100 using 10x leverage, it's like you have $1,000. Here's how it works: An exchange, like Binance, easily lends you $900. In return, if there's a 10% drop in the price (so your $1,000 becomes $900), your position automatically closes to save you from being indebted to the exchange. This is called "liquidation." When you're liquidated on a long position, it immediately creates a market sell: meaning your remaining $900 is sold so that Binance can recover its money. Now, let's delve into this phenomenon and apply it on a larger scale: Imagine that... (Please provide further details or context for the continuation.)#HotTrends"