Navigating Liquidations in Crypto Trading: Strategies for a Volatile Market
In the ever-shifting landscape of cryptocurrency, the specter of liquidation looms large. One moment, dreams of financial freedom are within reach; the next, those dreams can evaporate, leaving behind shock and regret. With the recent staggering figure of $104 million liquidated in just one hour, the emotional toll on traders is palpable. The question is: how do traders cope with such volatility, and what strategies can they employ to manage their risk?
The Reality of Crypto Liquidations
Crypto liquidations happen when an exchange closes out a trader’s leveraged position because their margin collateral can’t cover the losses they’re facing. This can be a common occurrence in futures trading, especially for those who use high leverage to…
