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Roy Bhasin urges caution around the use of leverage when trading crypto.
He argues that cryptocurrencies are already risky and volatile and suggests that nearly everyone would fare better by trading spot instead of using leverage. Bhasin notes that only a small minority of disciplined individuals are likely to benefit consistently from leveraged positions, while most participants would avoid larger losses by staying clear of leverage.
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Bhasin has previously noted that financial comfort does not always prevent anxiety or FOMO when exposed to others' financial success, according to his observations in a prior article. He also warned that the early stages of a crypto bull market can lead to euphoria and overtrading risks, especially with new coins entering the market, as detailed in an earlier post. These consistent warnings come as traders navigate shifting risk dynamics in the sector.