Trading crypto using 5 x leverage

Trading crypto currency using 5 x leverage.
When you first start trading with crypto currency or stocks with leverage, make sure to keep your leverage between 3-5 and set your stop loss between 5-10% until you fully understand what you are doing.
MAKE SURE TO TRADE USING ISOLATED MARGIN, WHICH WILL ONLY USE AVAILABLE MARGIN YOU ALLOCATE TO EACH TRADE. CROSS MARGIN, IF YOU ARE AT THE RISK OF LIQUIDATON WILL USE ALL AVAILABLE MARGIN ON YOUR WHOLE ACCOUNT.
triple check before opening up your trades.
WHILE USING 5 X LEVERAGE A 20% LOSS WILL MEAN YOUR TRADE HAS BEEN LIQUIDATED (20% loss x 5x leverage = 100% loss)
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[@_Geniecool_]

Very informative video

[@blockchainbonus]

Thanks for the comment

[@_Geniecool_]

From your experience which is better 4x vrs 5x cos I like to keep my stop loss at 5% but am unable to choose between 4x and 5x Leverage

[@blockchainbonus]

Hi sorry for the late reply..I like to use 5x for steady safe gains, 10-30x if I see a good bounce forming. and 100-500x leverage every now and then for quick trades 1 second to 1 minute charts only for 100-500x.
👍

[@blockchainbonus]

Fully understand trading leverage 3-5x before opening large trades of 100-500x!! As you may be liquidated in a matter of seconds. Trade safe and only risk what you can afford to loose