Is a BTC long with liquidation at 10K just suicide?
Is a BTC long with liquidation at 10K just suicide?
Saw someone talking about going long on 1 BTC now with leverage, but their liquidation is set around $10K.
Curious is that level still in play? Could BTC actually nuke that far down in a black swan scenario, or is $10K completely unrealistic at this point?
Trying to understand if this kind of setup is pure gamble or if there’s real risk behind it.
What would have to happen for BTC to drop that low again?
Joan Husk Answered question
How do you expect to cope with paying margin fees hourly or otherwise depending on the exchange?
I found that trading on a CEX had too many fees for funding.
Joan Husk Answered question
It didn’t hit 10k after the last crash and that was before the Bitcoin ETFs. We’re never seeing 10k again. I doubt we’ll ever go below 65k again.
Jason Johnson Answered question