Margin trading was, until recently, much more common in currency markets, as it was generally considered too risky to be used in highly volatile cryptocurrency markets.

Unlike with regular trading, you can lose your entire initial investment margin trading. Further, the more you leverage, the quicker you can lose it. For example,if I go long on a 3:1 margin,

Margin trading is a type of leveraged trading. This means that I can deposit $100 into a margin account and get 3 times my buying power trading balance.

It also means that if I trade 3 times my balance ($300) and my position becomes -$100, I will lose everything I hold as collateral.I have made more money in a short period of time through margin

trading than I have ever made in my entire life. And also lost more money in my lifetime than ever before.

References

https://www.btcc.com/tags/100x-leverage-crypto