Leverage trading and Sh*tcoin trading are two sides of the same coin for Cefi and Defi. Both simply multiply the risk/reward factor. And you may get lucky once, but most people especially will continuously lose unless they are insiders

Leverage and shitcoins are two sides of the same coin. When using leverage you can get lucky on one trade and strike it big. Similarly with shitcoins, you can get lucky and make a ton. However, the majority of people who leverage trade or shitcoin trade will lose money. You either get liquidated on a 'bad trade' or your shitcoin buy goes to zero. In a sense, shitcoin trading is leverage trading because all leverage does is multiply your profits or losses, and shitcoin trading is a gamble of high risk/high reward.

On top of that, the only people who consistently profit off of either of them are insider. If you know a token has big news coming before everyone else does, you can take a leveraged trade and profit big. If you or a friend are insider on a rising token you can do a 'private airdrop', and over-the-counter discounted sale or some tokenomics shenanigans the market will only figure out long after you're rich.

The game of high risk is just that, a game. And there are hidden rules meant for only insiders, and most others already lose before the game has even started.