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?
Reshantha De silva Answered question September 19, 2024
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.
Reshantha De silva Answered question September 19, 2024