Here's a shorter, simpler version:

Don't fear 'leverage' in crypto trading; fear bad habits! Many think high leverage is the main risk, but that's wrong.

The real killers are:

-> No stop-loss orders (limits losses)
-> Poor risk management
-> Treating it like gambling

Smart traders use high leverage with tight stop-losses – they never let liquidation happen.

Beginners: Master regular (spot) trading first. Learn charts and control your position size.

Only then, cautiously try contract trading with profits, not your main funds.

Leverage is a powerful tool. Use it with discipline to grow wealth, or with emotion to lose it. Choose wisely.