What does it mean when more bars light up on the ADL indicator next to your position?
If a liquidation order is filled at a price worse than the bankruptcy price, the insurance fund covers the loss that exceeds the margin.
Remember: slippage can be significant during extreme price swings. Keep extra margin on highly leveraged positions, and don’t stubbornly hold on when you’re close to the liquidation price.
Price at the end: $BTC is quoted at 82198.01 (24h +1.65%).
Fees are also a cost, so the longer you hold a position, the more you need to factor them in.
If a liquidation order is filled at a price worse than the bankruptcy price, the insurance fund covers the loss that exceeds the margin.
Remember: slippage can be significant during extreme price swings. Keep extra margin on highly leveraged positions, and don’t stubbornly hold on when you’re close to the liquidation price.
Price at the end: $BTC is quoted at 82198.01 (24h +1.65%).
Fees are also a cost, so the longer you hold a position, the more you need to factor them in.