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RE: Steemit Crypto Academy Contest / S13W6 - Leverage In Cryptocurrencies
But, let's be real here, just like surfing., it's not without risks. If the market tide turns against you, those losses sting more cuz they're tied to the larger borrowed amount.
You are very correct in the above assertion. Just as the profits are huge when the market goes in your direction, likewise the losses are huge when they go against you. Thank you for taking out time to explain this topic.
Wish you success in this contest.