Thanks for the amazing responses on my last post!
A lot of you asked โ so hereโs a simple breakdown of:
๐ What is 10x / 5x in Crypto Trading?
This is called Leverage.
๐ 10x Leverage means:
You are borrowing 10x more than what you actually have.
If you have $100 of $BTC , you can trade with $1,000 worth of BTC.
๐ 5x Leverage = $500 worth of $SOL trade with $100 SOL of your own.
โ ๏ธ But remember:
Profits can multiply fast
But losses also multiply just as fast
Thatโs why leverage is high risk, high reward ๐ฅ๐
๐ฏ Pro tip:
If youโre new, always start with low leverage or use demo trading to learn.
Letโs keep learning together.
Comment below if you want a beginnerโs guide on margin trading next! ๐ง ๐๐
#CryptoEducation #BinanceTips #Cryptobeginner #LeverageTrading #DYOR #CryptoCommunity