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 which is the liquidation price.
There would be a slight difference on the exchange and that is how exchanges are. You can see the liquidation price slightly closer but of very little difference from your calculation. On some exchanges, the liquidation price may be slightly be farther because the exchange keep some money for you instead of using all to open a position.