BTC $117K Long Liquidated at $117,156 — Leverage Risk Exposed
I was long Bitcoin with a $117K position and got liquidated at $117,156. The position was closed suddenly when price moved against me.
This liquidation highlights that I was using too much leverage or had insufficient margin. It wiped the position and underscores the market's volatility.
I will cut leverage, tighten stop-losses, and reassess position sizing before re-entering similar trades.
Analysis
Recommendation
Reduce leverage, size positions to survive typical BTC swings, use stop-losses or smaller position sizes, and avoid re-entering until volatility shows clearer direction.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.