Leverage 5, 7, 10, or 100?

I’ve defined the perfect leverage for myself — it’s 7. I use it only when I’m confident in what I’m doing.

In my main margin trading, I stick to leverage 3 — it’s the most balanced and safest option.

Greed can cost you a lot.

Let me share a short story. Once, I managed to achieve +4500% in just 4 weeks.

And no, it wasn’t on altcoins. It was Gold, $BTC , and $XRP , with Gold making up the majority.

The average leverage I used ranged from 7 to 17 (which was already too much).

I made 72 trades, 65 of which were profitable.

Then I got carried away. My leverage increased to 20, 30, 50, and even 100. At that point, I completely lost control: no rational thinking, just emotions.

The result? Zero. Failure. Depression.

After that experience, I promised myself never to use leverage above 11. And you know what? Life has become much better.

Maybe my story won’t seem interesting to you, but I hope it’s useful. Don’t make the same mistakes I did.

I often see influencers recommending such risky trades and broadcasting this to a wide audience.

Remember: this is a path to losing everything. Even if you get lucky once or twice, it doesn’t guarantee long-term success.

This was my short story. Thanks for your attention!

#2024withBinance #Bitcoin