If bitcoin is at $60000 and you long it with 3x, the liquidation would be around $40000. If you can take the risk, you can go for it.
Hi, what calculation did you do to find the liquidation price please?
It is simple.
Bitcoin price at $60000 and you open 3x long position.
$60000 ÷ 3 = $20000
$60000 - $20000 = $40000.
There would be a slight difference on the exchange due to transaction fee and also the way the exchange is working. You can see the liquidation slightly closer but of very little difference.