To use leverage wisely, don't exceed 10x. In a bull market,

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To use leverage wisely, don't exceed 10x. In a bull market, some traders seek fast gains with high leverage. A 10% dip can liquidate a 10x long position. During a bullish run, it's common for a coin to briefly dip 10% and then recover. To safeguard against these sudden drops, limit your leverage to 5x or lower. Look at the drop in $LQTY , the market makers can easily drop a coin by 10% so make sure you control yourself and never over leverage , this will help you a lot in bull run 2024 #BTC #trading #Binance

To use leverage wisely, don't exceed 10x.
In a bull market, some traders seek fast gains with high leverage.
A 10% dip can liquidate a 10x long position. During a bullish run, it's common for a coin to briefly dip 10% and then recover.
To safeguard against these sudden drops, limit your leverage to 5x or lower. 
Look at the drop in $LQTY , the market makers can easily drop a coin by 10% so make sure you control yourself and never over leverage , this will help you a lot in bull run 2024
  #BTC  #trading  #Binance  