Did you know that using leverage in trading the #BNB/USDT pair can be a double-edged sword? 🤔
Through the margin trading feature on the Binance platform, users can amplify their profits, but at the same time, losses can multiply if risk management is not used properly.
Personally, I started with a simple experiment with a small amount and learned the importance of using a Stop-Loss order, especially during times of market volatility.
One important piece of advice: do not enter a trade unless you are mentally prepared for a loss before a profit, and do not invest more than you can afford to lose.
📉 The market is uncertain, but continuous learning and using Binance tools like chart analysis and price alerts have helped me a lot.
Share your experiences with leveraged trading, and do you find it useful or risky? 🤔