In the world of trading, especially in volatile markets like cryptocurrencies, gains and losses are extremes. There is no middle ground: either you learn to play smart or you lose everything. And one of the factors that amplifies this is leverage.
What is leverage?
Leverage is like a "loan" from your broker to let you trade with more money than you actually have. It can amplify your profits, but it also dramatically increases your risks. It's the classic "doubling down" approach.
Example: