What is a 50X leverage?
I heard about this term '50X leverage' in the financial market. I'm not very familiar with it and would like to understand what it means, especially in the context of trading and investing.
What does 100x leverage mean?
Could you please explain what is meant by the term "100x leverage" in the context of cryptocurrency trading? I understand that leverage allows traders to amplify their potential profits, but I'm not sure how exactly 100x leverage works and what the risks and benefits are associated with it. Additionally, I'm curious about how it compares to other levels of leverage, such as 5x or 20x. Thank you for your help in clarifying this concept.