Leverage, many newcomers in the crypto world treat it as a printing machine right from the start. Their minds are filled with one thought: multiply the amount, and the money will keep rising, bringing financial freedom within reach.

But the reality is often more painful. Leverage is not some magic tool; it's just a kitchen knife. When used skillfully, it cuts through meat; if you tremble, it will cut you instead.

I've seen too many beginners holding just a few thousand U in their pockets, and in a moment of impulsiveness, thinking "a 10x leverage is no big deal." When the market fluctuates slightly, they get nervous, their fingers tremble, and the account numbers slide down like a roller coaster. The losses are not just money, but also confidence and those restless nights.

Leverage is a double-edged sword; gains and losses go hand in hand. When making money, you feel like the chosen one; when losing, the market becomes a ruthless ATM draining you dry. Honestly, most people are not knocked out by the market itself, but by their own greed and fear.

How do seasoned traders use leverage? They follow the trend, keep positions light, maintain strict discipline, and set clear stop-loss points. They understand risk management; each leverage increase is carefully calculated, not impulsive.

The biggest mistake retail investors make: when prices rise, they want to double down; when prices fall, they want to hold on stubbornly, always thinking they can see through the market. The result? Every impulsive move costs them dearly.

Remember this: leverage is not a shortcut, nor a tool to show off skills; it simply amplifies your operations and your mindset. When used well, it’s a powerful weapon; used poorly, it’s a trap. Those who truly master leverage in the crypto market are calm and composed players at heart—they know how to make money and have the courage to cut losses. Taking BTC, ETH, ZEC as examples, no matter how tempting the market is, they stick to their bottom line.