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đ October 1st in the World of Crypto! đ đ In 2024, Indonesia made history by releasing its first-ever NFT postage stamps featuring the Cenderawasih bird đŠ, blending tradition with blockchain technology! đ Meanwhile, back in 2022, the Seattle NFT Museum hosted a Web3 101 Workshop, teaching beginners the basics of NFTs, crypto wallets, and blockchain! The future of Web3 is here and cannot be stopped!
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In crypto, liquidation is when your leveraged position gets forcefully closed due to running out of funds. Imagine using borrowed money to make a bigger trade (leverage). If the market moves against you and your account value shrinks, you might get liquidated. The exchange will then automatically sell your assets (crypto or collateral) to repay the loan, often at a bad price during volatile times. This can be brutal because leverage amplifies losses, and you have no control over the forced sale. To avoid this, understand leverage risks, use stop-loss orders to limit losses, and maintain a healthy amount of capital in your account. The past few hours have been many different things, to many different people. $BTC https://cointelegraph.com/news/bitcoin-liquidates-85m-shorts-bull-flag-100k-btc-price-target
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