risky

Liquidated Long on Litecoin — $62.1K Closed at $128.90

I was long on Litecoin (LTC) and got liquidated — a $62.1K position closed out at the $128.90 liquidation price.

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AI Analysis

The report is a straightforward account of a leveraged long position in Litecoin being closed by liquidation at $128.90, costing $62.1K. Liquidations of this size typically indicate use of significant...

AI Recommendation

Reassess leverage: if you trade crypto with margin, lower leverage to reduce the chance of large forced liquidations. Managing position size relative to account equity is essential when trading volati...

Disclaimer

The AI 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.

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