Lady Mae - Growth Teacher on Nostr: In my search to understand the #btc world. Noob here, could you please explain it ...

In my search to understand the #btc world.
Noob here, could you please explain it what is leverage? It sounds scary. I hope this guy is ok.
#asknostr what actually happened and why did he lose everything?

quoting
nevent1q…2anx

I’m truly sorry for Bro. But this is a stark reminder that you should never use leverage. Just DCA and HODL. We’re still very early, and #Bitcoin will be worth millions. Patience is key.