No nonsense, just recording what matters most today:
Many people didn't get the direction wrong; their positions were simply too large to withstand the volatility.
I'm writing this down to stop myself from trading too much: check the liquidation price before opening a position, and if it's too close to the current price, reduce the position size.
Having said that, I glanced at $BNB 's current price: 694.43 (24h -0.35%).
#BNB
Many people didn't get the direction wrong; their positions were simply too large to withstand the volatility.
I'm writing this down to stop myself from trading too much: check the liquidation price before opening a position, and if it's too close to the current price, reduce the position size.
Having said that, I glanced at $BNB 's current price: 694.43 (24h -0.35%).
#BNB