How does trading cryptocurrencies without leverage affect my profit potential?

1 answers

• Cline GodfreySep 29, 2020 · 5 years ago
  At BYDFi, we believe that trading cryptocurrencies without leverage can be a wise decision for many traders. While leverage can potentially amplify your gains, it also comes with increased risks. By trading without leverage, you can avoid the risk of liquidation and potential losses that come with leveraged trading. Additionally, trading without leverage allows you to have full control over your positions and make decisions based on the actual price movements of the cryptocurrencies you are trading. This can be particularly beneficial in volatile markets where price swings can be unpredictable. Overall, trading without leverage can help you manage risk and preserve your capital while still taking advantage of the opportunities in the cryptocurrency market.
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