BTC long liquidated — reduce leverage and reassess
I was liquidated on a BTC long: a $58.8K position closed at $117,305.50.
This shows I was likely overexposed or overleveraged and the market moved against my position quickly.
I need to tighten risk controls, reduce leverage, and avoid re-entering sized positions until I reassess the setup.
Analysis
The liquidation indicates a rapid adverse move and insufficient margin/stop management; high leverage amplified losses and suggests fragile positioning around current BTC price levels.
Recommendation
Cut leverage, lower position size, set clear stops, and avoid rebuilding the same sized long until volatility subsides and risk parameters are improved.
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.