๐๐ก๐๐ง ๐๐๐ฏ๐๐ซ๐๐ ๐ ๐๐๐๐ค๐๐ข๐ซ๐๐ฌ: ๐๐๐๐ ๐๐ซ๐๐๐๐ซ๐ฌ ๐๐ข๐ช๐ฎ๐ข๐๐๐ญ๐๐
In the past 24 hours, 126,232 crypto traders were liquidated. This means their trades were closed automatically because the market moved against them. Most of these traders were using leverage, which means they borrowed money to trade bigger amounts. Leverage can increase profits, but it also increases losses.
Crypto markets move very fast. Prices can rise or fall within minutes. When the market drops or spikes suddenly, traders who use high leverage can lose their funds quickly. This is why so many accounts were liquidated in just one day.
This is a strong reminder that crypto trading is risky. If you trade, always manage your risk. Do not use too much leverage.
Never trade with money you cannot afford to lose. Use stop loss orders to protect your capital. Stay calm and avoid emotional decisions when the market is volatile.
During unstable times, it is also wise to move your funds into a stable asset. Binance USD1 can help with this.
It is designed to stay close to the value of 1 US dollar, which helps protect your money from big price swings. It is easy to trade, widely accepted on Binance, and offers fast transfers.
Using a stablecoin like USD1 can help you protect profits and reduce risk during market uncertainty.
