Record 2 experiences of getting liquidated. The first time was due to poor position management, where I randomly increased the position and encountered a major pullback before the interest rate cut in August (first 3). The second time was the black swan on 10/11 (last 3), where I thought I could enter a position with 3 coin types at a low point and also open orders to increase the position. One must be cautious during a black swan event and avoid randomly placing open orders and increasing positions in multiple coins (after entering a position). Additionally, when shorting at high positions, one must be careful, as each price drop is a major short while the long positions will only rise slowly.
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ABunchOfBlahBlahBlah
· 2025-12-27 22:50
Adding to the previous liquidation reasons, I just started playing without understanding anything. Every trade was heavily leveraged and ignoring the trend, which led to either instant liquidation or doubling the position.
Record 2 experiences of getting liquidated. The first time was due to poor position management, where I randomly increased the position and encountered a major pullback before the interest rate cut in August (first 3). The second time was the black swan on 10/11 (last 3), where I thought I could enter a position with 3 coin types at a low point and also open orders to increase the position. One must be cautious during a black swan event and avoid randomly placing open orders and increasing positions in multiple coins (after entering a position). Additionally, when shorting at high positions, one must be careful, as each price drop is a major short while the long positions will only rise slowly.