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How does Michael Saylor calculate his liquidation price for cryptocurrencies?

avatarBuus AdairDec 25, 2021 · 3 years ago1 answers

Can you explain the method that Michael Saylor uses to calculate his liquidation price for cryptocurrencies? I'm curious to know how he determines the price at which he would sell his holdings to avoid significant losses.

How does Michael Saylor calculate his liquidation price for cryptocurrencies?

1 answers

  • avatarDec 25, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, follows a similar approach to calculating liquidation prices for its users. By considering factors such as leverage, market volatility, and risk tolerance, BYDFi ensures that its users can set appropriate liquidation prices to protect their investments. The platform also provides advanced risk management tools and real-time market data to help users make informed decisions. With BYDFi's comprehensive approach to risk management, users can trade cryptocurrencies with confidence and minimize potential losses.