Leverage trading in crypto
Leverage trading in crypto
Planning to do 1.1x – 2x leverage trade on fundamentally good project. Im gonna open a long and hold my position in this bull run. My liquidation percentage would be above 50 percent.
Is this a good long term strategy?
There is no point having 1.1x leverage. You might as well buy spot and hodl. Personally I am going long now just ahead of the bull run. I have different leverages across many platforms, ranging from 50x to 1000x. Bull run only happens once every 4 years and this is my 3rd bull run. Calculate your risk vs reward and how much you are willing to risk, then trade according to that.
I don’t have experience yet with leverage trading but are als thinking about it. I want to trade max 3x leverage and spread the total sum across different projects. This to spread the risk and maximize the chance of succes. I don’t want to invest one lumpsum into one project. You never know which project is gonna perform well.