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Leverage in crypto v Leverage in Forex
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[QUOTE="Sotherefore, post: 203395, member: 27033"] Both of them are almost the same , there was a time I was trading Forex as a trials on demo account, I observe that using of leverage in forex is just the same as using of leverage in cryptocurrency and both of them are potentially risky if you don't know how to predict the market perfectly . well as a newbie I won't really advise you to use leverage until you are really sure about how the market goes because using a higher leverage now might even make you to lose so much of your money that you may not likely be able to recover. When i was into cryptocurrency trading then the only thing I regretted the most was using a high leverage and I wouldn't even advised any other person to engage in this because using of leverage may be risky except you fully understand what you are doing... I believe you do not really understand much about forex and how to predict the market, you have to learn perfectly to understand everything , risk management is very important because even when there is quality signal without risk management you will still be at Lost.. don't underrate any strategy in volatile market. [/QUOTE]
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