Is it smart to use leverage on a longer position? And should I stick with spot?

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Is it smart to use leverage on a longer position? And should I stick with spot?

I’m currently investing a lot of time and trying to learn how to swing trade BTC (mainly).

I asked myself if it is smart to use leverage on a long position? The timeframe I’m trading in is between a week and let’s say 2 months when opening and closing a position.

And my second question is if it is smarter to trade BTC futures or stick with spot/margin BTC/USD?

Thank you!

Ruban Lovelace Answered question October 29, 2024
0

leverage is needed for day trading/scalps but for swings or long term its best to wait til when it hit a once in a life time opportunity support

Ruban Lovelace Answered question October 29, 2024
0
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