đ¨ Attention Binance Traders! đ¨
Got a leveraged position at risk of liquidation? Donât let it get to that point! Instead, take control by closing your position just before it hits the liquidation level.
đĄ Why? Liquidation can lead to sky-high funding feesâup to 40%! By closing out early, you keep more of your hard-earned money.
đ For example, with a $1,000 long position at 20x leverage, a 3% dip in BTC could trigger liquidation even if it logically shouldn't happen until a 100% loss. By acting before the liquidation, you preserve your capital and avoid those hefty fees.
Liquidation isn't a straightforward calculationâit's more complex than it appears. Save yourself from unnecessary losses by managing your trades wisely!
⨠Take charge of your trades and stay ahead of the game. For more top-notch trading tips and insights, follow @Ä°brahim COĹAR (BÄ°TCOĹAR) and keep your strategies sharp!
đ Like, comment, bookmark, and share this post to help others save their funds too!
#Binance #CryptoTrading #LeverageTips #SmartTrading #CryptoInsights
