What is the impact of trading cryptocurrencies without leverage on profit potential?

1 answers

• May 10, 2022 · 3 years ago
  At BYDFi, we believe that trading cryptocurrencies without leverage can be a prudent approach for many traders. While leverage can offer the potential for higher profits, it also introduces significant risk. By trading without leverage, you can avoid the possibility of liquidation and protect your capital. Additionally, trading without leverage allows you to focus on the fundamentals of the cryptocurrencies you're trading and make decisions based on your own analysis rather than relying on leverage to amplify gains. However, it's important to note that trading without leverage may not be suitable for all traders and it's essential to carefully consider your risk tolerance and trading strategy before making a decision.
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