#BinancePick
Good evening, good people. It was a terrifying red day—I lost 26.1% of my capital in just a few hours.
But this was due to my own negligence. I took out a loan and put up $BNB as collateral, so I was liquidated because of this drop.
I lost the value of the loan in the contracts, and now I’ve lost the value of the collateral too. If I had checked on the loan, I would have adjusted the collateral value before being liquidated.
Everyone, beware of these loans. If you have to borrow, don’t do as I did—keep an eye on them to avoid liquidation.
I’ve been accumulating $BNB and $BTC for a long time, only to see them go to waste. I won’t let Bitcoin slip away from me too.
#BİNANCE #BNBToken #BinanceSquareFamily
Good evening, good people. It was a terrifying red day—I lost 26.1% of my capital in just a few hours.
But this was due to my own negligence. I took out a loan and put up $BNB as collateral, so I was liquidated because of this drop.
I lost the value of the loan in the contracts, and now I’ve lost the value of the collateral too. If I had checked on the loan, I would have adjusted the collateral value before being liquidated.
Everyone, beware of these loans. If you have to borrow, don’t do as I did—keep an eye on them to avoid liquidation.
I’ve been accumulating $BNB and $BTC for a long time, only to see them go to waste. I won’t let Bitcoin slip away from me too.
#BİNANCE #BNBToken #BinanceSquareFamily
