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Whats the deal with crypto payout margin funds?

I’ve been hearing a lot about crypto payout margin funds lately and I’m trying to wrap my head around them. Some friends swear by them for boosting returns, while others think they’re too risky. I get that the idea is to increase your buying power by using leverage, but how much risk are we really talking about? Have any of you had experience with these funds? How do they compare to holding crypto directly? I’m curious about the potential payouts versus the risks involved. Would love to hear your thoughts or any insights you might have!

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