Pakistani crypto expert trader Waqar Zaka has once again captivated his audience by claiming to turn a mere $100 into $1,000 through high-stakes 200x leverage trading.
Known for his fearless approach to cryptocurrency, Waqar Zaka showcased his skills during a live broadcast on Instagram.
Leverage trading, a technique that allows traders to borrow funds and amplify their investment, has been Zaka’s tool of choice for years.
His latest achievement involved 10x leverage, meaning his $100 investment controlled a position worth $1,000, allowing him to multiply profits rapidly.
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However, Zaka cautioned his followers, highlighting the inherent risks: "One wrong move can lead to significant losses."
This is not the first time Zaka has stunned fans with his crypto prowess. Recently, he claimed to have turned Rs3 million into $1 million in just four days using 200x leverage trading—a feat that requires not only technical expertise but also nerves of steel.
His trades often yield exponential profits, sometimes doubling within minutes or even achieving 500x returns on specific coins.
7 years of experience
Waqar Zaka’s influence in the cryptocurrency space extends beyond trading. He was one of the first Pakistanis to advocate for Bitcoin when it was priced at just $260 in 2016.
Over the past seven years, he has built a reputation as a vocal supporter of digital currencies, often urging his followers to gain skills and financial independence through crypto trading.
"Cryptocurrency is not just about profits; it’s about learning the skills to navigate this evolving market," Zaka said during one of his Instagram sessions.
His live broadcasts are not merely trading showcases but also educational platforms, where he shares insights on strategies like leverage trading.
What is Leverage trading?
Leverage trading allows the use of "virtual power" from the exchange to execute larger trades. With 200x leverage, traders can multiply their position size dramatically.
This method can yield high rewards but also carries a significant risk of amplified losses, making it suitable only for those with market expertise.
Pros
- Potential for significant returns with limited capital.
- Ability to capitalize on small market movements.
Cons
- Amplified losses that can exceed the initial investment.
- Requires deep market knowledge and constant monitoring.
