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๐Ÿค‘ Word of the Day = LEVERAGE โš ๏ธ

๐Ÿ‘‰ WODL ๐Ÿ‘ˆ

The term "leverage" refers to the use of borrowed capital or financial instruments to amplify potential returns on an investment. โš™๏ธ

๐Ÿ’ฐ In the world of crypto, leverage allows traders to open larger positions than their actual account balance โ€” for example, using 10x leverage means controlling a position ten times bigger than your original investment. ๐Ÿ“Š๐Ÿš€

While leverage can magnify profits, it can also increase losses just as quickly. โš ๏ธ๐Ÿ“‰ Thatโ€™s why understanding how and when to use leverage is crucial for managing risk and maintaining a sustainable trading strategy. ๐ŸŽฏ

๐Ÿ’ก Experienced investors often balance leverage with strong risk management, stop-loss orders, and clear entry-exit plans. ๐Ÿง ๐Ÿ“ˆ

How do you use leverage in your crypto trading โ€” as a power tool or a risky gamble? ๐Ÿค”๐Ÿ’ผ

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