Using smaller leverage is a good idea most especially as a new trader without much experience of the market and however even if we become more experienced in the trading journey we shouldn’t just go for higher leverage without applying proper risk management. High leverage comes along with risk so we need to be super careful of things we do.
Other tokens aside the most reliable and reputable ones can be risky and we don’t know much about their volatility so let focus on the top coins and trade with them we can make good profit from it when we apply good risk management.
If you are a new trader, you should not use leverage, not big nor small. If you are a big trader who has done very well at spot trading, then you can start with small at leverage and if you do that very well for a while longer than you have two options, either you keep doing small leverage but bigger trade size, or you keep the trade size same and do bigger leverage.
But both of them require years and years, you are not going to get there on day 1 of your trading, nor day 100, this takes YEARS. You need to first learn to do very well spot trading, do that for lets say 2 years for example and have a good chunk of profit on both years, then you can start to test small size on leverage, rest is up to how well you do, if you do well, go up, if not, go back.
This is true, I think starting with leverage should be something people should do years later and we should be considering how we could make a profit out of this and we could do a great return if we could use spot trading and we could make a lot better situation. We can't really consider how leverage could be out, because it is not really considering how people could make money with it very quickly.
So we can't really just trade without any knowledge and hope that leverage will make us profit. And this is why we can't really consider how this could be different, it's just not that easy at all to handle. However, if we learn a lot then we are going to get a lot better on the long run and can do a better job if we take our time.