The High-Stakes Game of Crypto Trading: What Startups Need to Know
In the whirlwind world of cryptocurrency, startups often see high-leverage trading as a shortcut to amplify their profits. But hold on a second. This strategy isn’t just a fun ride; it’s a perilous path that could lead to financial ruin. Let’s dive into why startups need to think twice before taking the plunge into high-leverage trading.
The Allure and Risks of High-Leverage Trading
High-leverage trading lets traders control huge amounts of capital with just a little cash up front. Sounds tempting, right? Well, yes and no. For startups with limited cash reserves, the risks of high-leverage trading are sky-high. A tiny price drop can trigger a margin call, leading to the liquidation of their positions and wiping out hard-earned capital in…
