Attention to leverage!

Many people think leverage is a shortcut to quick profits, but it’s truly risky. By using leverage, you risk losing money you don’t actually own, and even if you earn profits, the danger of losing everything is always present.

I’d like to share my personal experience: I initially started without leverage and managed to grow my funds from €2,400 to €3,200 just by using spot trading. I thought I could earn even more, so I turned to leverage, and that’s when I lost everything. I ended up borrowing €700, hoping to recover, but unfortunately, I lost that as well.

When you start making money, it’s easy to get tempted and believe you can earn even more, but the harsh reality is that the wealthy get wealthier, while others can easily lose everything. Investing only with your own funds ensures that your profits are genuinely yours. With leverage, even if you earn, it might be illusory, because you can just as easily lose it all.

In summary, use leverage sparingly, always within your limits. Caution is the key to sustainable investing.