The biggest difference for me straight off is if you want to be guaranteed to be liquidated
or stopped out go with $100 @ 50x it will only take a couple of % of market movement
to trigger loss or stop.

Most experienced leverage traders only use 2 or 3x

When you hear “the market is over-leveraged”
they are referring to the absolutely crazy high gambles like 50x and these either pump
the markets when the shorts get liquidated or dumps when the longs get liquidated