💠 Leverage ×10? Be careful before you venture!
▫️If you've entered the Binance platform, you've definitely seen coins like BTC/USDT with ×10 next to them. You might say: "Wow! I can double my profits 10 times!"
But is it really that easy? Let me explain simply.
🔹️What does ×10 mean?
🔸️This is called leverage. It means you can trade with multiples of your money. If you have 100 dollars, the platform allows you to buy as if you have 1000. The idea is exciting, but the risk is very high. Your profit grows, but your loss grows too... faster than you imagine.
🔹️So why is it considered dangerous?
🔸️Simply because you are trading with money that isn't yours. The platform lends you money, and if you lose a small part of the trade, the game might end, and your account could be liquidated (automatically reset to zero).
🔹️So what's the problem?
🔸️You don't need to get into religious or juristic details, but let me put it this way:
You are taking on debt, risking capital that you do not own, and the risk is not fair.
Many entered with confidence and left with a huge loss, because the market moves quickly, and leverage multiplies the impact, whether in profit or loss.
In summary 🔻
×10 is not magic, it is a doubled risk. If you want to trade, stick to regular spot trading, actually own the currency, and maintain your control.
Invest with your mind, not with your emotions, and don't forget that futures contracts are forbidden.