"Therefore, I would have made a net profit of 39,600 USDT."

Although it is a hypothetical situation given to us here but it is possible in reality as well in crypto market . Such profits are impressive & i should say it can be tempting, but it's crucial to maintain appropriate risk reward strategy because nothing is certain here.

"Leverage allows traders to diversify their portfolios by spreading their investments across multiple assets, providing them the chance to take part in different markets and potentially benefit from various price movements."

Diversification is a classical approach to mitigate risk and gain profit . Diversification with leveraging can work both ways , that is, boost the portfolio and minimise risk as well.

"Just as leverage can amplify traders' gains, it can also do so for their losses."

Keeping the volatility and uncertainty of the market under consideration, it is a fundamental principle which must be kept in mind while taking leverage . Loss is usually overshadowed by the greed complement of profit unless we encounter It and regret .

Thanks for your efforts and time to create such a good quality content and thereby enlighten us .