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.
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?
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BoardTrading Discussion
Re: Questions about perpetual trading
by
Sun2k
on 17/02/2024, 07:42:29 UTC
Thank you all for responding, from what I understand with no leverage I could be liquidated if I short the market but not if I long
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BoardTrading Discussion
Topic OP
Questions about perpetual trading
by
Sun2k
on 15/02/2024, 18:31:58 UTC
Hi everyone,
I have 2 questions about perpetual trading:
1/ If I don't use leverage (i.e. x1) do I risk being liquidated if my trade doesn't go in the right direction?
2/ If I don't use leverage (i.e. x1) can I keep a BTC contract, how can I do this in the Spot market?
Thank you
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BoardTrading Discussion
Topic OP
I have 2 questions that bother me
by
Sun2k
on 05/05/2023, 18:45:48 UTC
Hi everyone,
1/ Who determines the price of a token at launch? For example, the SUI token cost a few cents in pre-sale and was listed at almost $1.50 on the Binance listing
2/ In your experience, is it a good idea to buy a chip the second it is listed for a profit?
Thanks for clarifying.
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BoardProject Development
Merits10 from 1 user
Re: crypTrax - Keep track of your cryptocurrencies
Do you know why when I click on the "Please add currencies" button, it loads indefinitely while remaining at 0%?
THANKS
Got the same problem too on the Windows application It was a nice tool, but It looks abandoned as the last update was on 23rd May 2023 - https://github.com/Escaflownevan/crypTrax
I am thinking of opening an issue, but it's less likely that Escaflownevan might even work on it.
Thank you for your message... yes it's really sad because this application was very well done
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BoardProject Development
Merits1 from 1 user
Re: crypTrax - Keep track of your cryptocurrencies
To do spot trading on Binance, you can use the "Convert" tool with a $0 fee (in market or in limit).
My question is why many traders to buy and sell use the spot trading (where there are buy, sell buttons and order book) with fees instead of using the "Convert" tool without fees?
Thanks
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BoardService Discussion (Altcoins)
Re: huge difference in the price of BTCST on different exchanges
by
Sun2k
on 14/01/2023, 19:33:07 UTC
Thank you all..
I posted here because the BTCST is used to mine BTC
@Tytanowy Janusz, Yes I knew there was a redenomination.. but the price is 0.89$ not 8.9$
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BoardBitcoin Discussion
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huge difference in the price of BTCST on different exchanges
by
Sun2k
on 14/01/2023, 11:05:30 UTC
Hi everyone,
Why is the price of BTC on poloniex around $12 but on other exchanges it is $0.89?
Thanks
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BoardTrading Discussion
Re: What are the most used indicators by institutions to detect divergences?
by
Sun2k
on 25/10/2022, 18:14:56 UTC
thank you very much to all.. very helpful
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BoardTrading Discussion
Re: What are the most used indicators by institutions to detect divergences?
by
Sun2k
on 18/10/2022, 16:02:05 UTC
Merci, vos réponses m'ont été très utiles.
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BoardTrading Discussion
Merits4 from 1 user
Topic OP
What are the most used indicators by institutions to detect discrepancies?