Let’s talk about the liquidation price.
Liquidation occurs when your margin balance falls to the maintenance margin level—you don’t have to wait until your margin is completely depleted for it to happen.
Honestly, I hadn’t paid attention to this before either: rather than waiting to be liquidated, it’s better to set a stop-loss in advance. A voluntary stop-loss usually results in a smaller loss than liquidation.
Price at the end: $BTC reports 83022, 24h +0.6%.
Beginners are advised to start with low leverage and small positions.
#BTC
Don’t treat this as a basis for making trades.
Liquidation occurs when your margin balance falls to the maintenance margin level—you don’t have to wait until your margin is completely depleted for it to happen.
Honestly, I hadn’t paid attention to this before either: rather than waiting to be liquidated, it’s better to set a stop-loss in advance. A voluntary stop-loss usually results in a smaller loss than liquidation.
Price at the end: $BTC reports 83022, 24h +0.6%.
Beginners are advised to start with low leverage and small positions.
#BTC
Don’t treat this as a basis for making trades.