Let’s talk about liquidation prices.
In isolated margin mode, adding margin moves the liquidation price for a long position lower and the liquidation price for a short position higher, farther away from the current price.
To be honest, I hadn’t paid attention to this next point before: after opening a position, check the liquidation price, then compare it with the usual price fluctuation range. If it’s too close, reduce your position size.
For the corresponding coin: $BTC is quoted at 81527.46 (24h -2.82%).
When the market is highly volatile, avoid chasing trades. Let the price stabilize first, then decide.
#BTC
In isolated margin mode, adding margin moves the liquidation price for a long position lower and the liquidation price for a short position higher, farther away from the current price.
To be honest, I hadn’t paid attention to this next point before: after opening a position, check the liquidation price, then compare it with the usual price fluctuation range. If it’s too close, reduce your position size.
For the corresponding coin: $BTC is quoted at 81527.46 (24h -2.82%).
When the market is highly volatile, avoid chasing trades. Let the price stabilize first, then decide.
#BTC