The difference is that high leverage is prone to explosions, while low leverage is easier to survive.
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Many people cannot distinguish between opening 10 times with 1,000 dollars and opening 5 times with 2,000 dollars.
Actually, their values are the same; the total position is ten thousand dollars, but your liquidation price will be different. If you have a capital of 10,000 and leverage of 10 times, you have ten chances to open positions, while with 2,000 and 5 times leverage, you only have five chances to open positions. The value and return are the same; which one would you choose? In the cryptocurrency space, if you manage your positions well, you will outperform the vast majority of people. Position management refers to a specific set of plans you set for opening positions, increasing positions, decreasing positions, and how to liquidate when you decide to trade cryptocurrencies. Good position management is one of our important means of avoiding risks, achieving minimal losses and maximizing profits!
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