Building wealth in trading slowly, or fast through the use of leverage

[electronicash]

          -     I am happy with the driving part even if it is slow, because we all have only one destination and that is the finish line, it is better that while we drive on the road we are taking, it is better that we enjoy every step we take and appreciate those things that can provide help or contribution so that we can complete our journey.

It seems that when eating food, it is better that we chew it well so that we can appreciate and get the right nutritions that it can give to our body and what is really delicious is better than if we just swallow it immediately without even crushing its nutrition properly so the same goes for the crypto industry we are in.

can't say all of us wanted the slow lane.

most of the users who came late in crypto sees crypto market as get rich quick and they are up to trade faster. most probably there will be more who will be liquidated if they go into leverage trading unaware of the manipulation in crypto. if there will be people who will just be waiting for what the market will do, it will be those who chooses the slow lane.

[sampoerna]

Indeed, it is undeniable that the benefits when trading using leverage can really be multiplied. In fact, we can indeed accumulate wealth faster from this trading activity with leverage, in the Future market, the increase can reach hundreds to thousands. It's just that, the problem is, if you use leverage, of course the level of risk for loss is also very high, the higher the leverage, the higher the profit, but also the higher the level of risk of losing. Therefore, we must really understand the risks and also the various analyzes, as well as the methods we use. so that we can manage the trading.

It's just that, for those who are not used to it and especially for newbies, I don't recommend this before studying it optimally and seriously. because this does involve some pretty complicated analysis. so don't just follow suit.

but for those who have been usually doing it and are able to do it, honestly, this is a very profitable thing.

[Themepen]

futures market is not for everyone though. if it is, we would have been there trading.

there's perpetual futures market that might just be an equivalent in holding your coins for as long as you can but if the market goes against your position you will still be liquidated. this is why the market is very unpredictable because it dumps fast and also rises so fast.

Yes you are right futures market is not for everyone. Fact is that not all people are trading there shows that it is complicated and has much of risks.

And what you said about perpetual futures being bit like holding onto your coins for long time is interesting. But big difference is risk of getting liquidated. This means that even if you plan to hold for long time if market suddenly goes down amuch against your bet in perpetual futures you could lose all your money. This risk along with how quickly and unpredictably market can change makes futures trading very risky. We need to understand what we are doing and hav good plan to manage risks. It is different from buying and holding regular coins.

[LUCKMCFLY]

Your comment is appropriate in this time. So i am also agree with your prefer comment. We know that trading is one of the best earning way in cryptocurrency market. But when we want to trade, we should understand in cryptocurrency market carefully. We obviously believe that for best trading low leverage is better high leverage. We know that trading knowledge is one of the best way for earn best profit in cryptocurrency market. So i think that if we use low leverage for trading, i think that it must be helpful for us.

What you say is interesting, personally I think that we as traders have preferences, I am a person who believes that leverage is a double-edged sword, but I do restrict it, I only use it when the market is totally berasih, I see it as a great opportunity, and of course I am not an investor because I do not have the conditions, that is why when you see an opportunity you can only risk what you are willing to lose.