Can leverage make you rich?
Could you elaborate on the concept of leverage in finance, and does it truly have the potential to lead to significant wealth accumulation? I'm curious about the risks involved and whether they outweigh the potential rewards. Additionally, are there any specific strategies or guidelines one should follow when utilizing leverage in cryptocurrency trading or other financial investments? I'd appreciate your insights on this matter.
What is theta risk?
Could you please explain what theta risk is in the context of finance and investing? I've heard this term mentioned but am not quite sure how it applies to my portfolio. Could you also provide some examples or scenarios where theta risk might be relevant? It would be helpful to understand how it impacts the overall risk profile of my investments. Thank you in advance for your clarification.
What if Binance goes bust?
I've been hearing a lot about Binance recently, and it seems to be one of the biggest players in the cryptocurrency market. But what happens if it suddenly goes bust? Will I lose all my investments? How likely is this scenario, and what can I do to protect myself?