$168,000,000 worth of shorts have been liquidated from the crypto market in the past 60 minutes.


For everyone who lost money in the last hour, I also took a BIG L.
But you should never get liquidated.
Never risk your entire account.
Always use a stop loss. Exchanges make a large portion of their revenue from liquidation fees, that’s how the game is structured.
Use proper risk management, or at least place a stop just above your liquidation price.
Getting liquidated should always be avoided.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin