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RE: Steemit Crypto Academy Contest / S13W6: Leverage in cryptocurrencies

in SteemitCryptoAcademy8 months ago

Greetings friend, the use of leverage is indeed a good strategy for traders who have short term trading plans, but it can still be of huge disadvantage if the market moves against you.

Therefore, to use leverage effectively, it's crucial to educate yourself about trading strategies, risk management, and market dynamics. Investing time in research can help mitigate risks.

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Thanks friend for your valuable feedback. It's appreciated. Good luck to you.

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