homecryptocurrency NewsLeverage trading in crypto, a guide for beginners

Leverage trading in crypto, a guide for beginners

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By CNBCTV18.com Jun 23, 2022 1:32:42 PM IST (Published)

Leverage trading is a tool that can help individuals multiply their investment positions. While it can offer good returns, opting for leverage trading without complete knowledge of it can also result in heavy losses.

Have you ever been absolutely sure about a price rally and wished you had more money to back it? In times like these, you can use leverage trading to make your wishes come true. It is a tool that can help you multiply your investment positions. It essentially gives you free money and allows you to amplify your profits.

That is the simple explanation of leverage trading. However, there are plenty of other things you need to understand about this tool before you decide to use it. While it can offer handsome returns, opting for leverage trading without complete prior knowledge can also result in heavy losses.
Keeping this in mind, we’ve rounded up all the essential information you should have before trying your hand at this risky yet rewarding investment strategy.
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