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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert. 

DO NOT DO PERPS UNLESS YOU KNOW WHAT YOU ARE DOING.

ONLY USE LOW LEVERAGE... my avg now is 3.69

I have layered in now for the 3rd time... the size is getting uncomfortable. My liquidation price is $181. I did a 5x and $240.75

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S N

How come my liquidation price goes up by cents each day? Anyone knows? Thanks

spray tans and golf

My guess is because you pay interest on the leverage amount, and the amount of interest you need to pay is reflected in the liquidation price. Since the interst rate is calculated hourly, I assume the liquidation level will be adjusted accordingly.

Jamins

Even if James comes out of this one with a profit, it doesn’t count and the winning streak is broken. Having to go back in to double down and the sheer fees incurred for holding it open for so long, you can’t say this was a calculated perp. I dare say quite a few of the more inexperienced on here have had a very tough time with this perp given they don’t have the liquidity James has to ride it out.

Cavin J Curley

A win is a win, if your going to copy someone’s trades and don’t understand the risks you’re taking that’s on you. Anyone actually using 1% of their bag and 3.3x leverage has not at any point in this trade been in serious hot water

Daz64

Got out today at breakeven

Sergio C

Still been trying to snipe the bottom and make small % perp gains.

Yoga Cat

Are we still in this? Lots of liquidity available every time I checked

HERENOW

Doubled up and fingers crossed ! Lowered my liquidation price / 4.42x long !

Bassy Sturge

Closed my position at a loss. Too bigger risk especially with us gov moving btc. Minus 4 grand. Made my peace with it even if sol goes up. Lessons in risk management learned

AV

Do we know where we’re at with this (or what the current entry and liquidation has been layered down to)? Approaching the 30 day rule 🙏🏻💕