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RE: Steemit Crypto Academy Contest / S13W6 - Leverage in cryptocurrencies
@ngoenyi Your engaging narrative of personal experiences with leverage adds unique touch to the discussion making it relatable & understandable. Your analogy of using a wood as leverage in daily activities provides simple yet effective way for readers to Grasp the concept. the detailed explanation of hypothetical long and short position with 10x leverage on Steem demonstrates practical application of leverage in cryptocurrency trading. Your emphasis on risk management & the comparison of profits & losses with and without leverage adds thoughtful touch to your analysis. a well rounded and informative contribution. Best of luck in the contest! 👍🌟
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