I've been thinking about diving into margin loans for my crypto trading, but I'm a bit hesitant. I've seen some friends use monthly margin loans to amplify their gains, but I've also heard the horror stories of people getting liquidated when the market turns against them. It feels risky, especially with the volatility in the crypto space.
How do you guys weigh the risks and rewards? Have any of you had good or bad experiences with monthly margin loans? I'm particularly curious about which platforms you trust and how you manage your positions to avoid getting into trouble. Would love to hear your insights!
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