Is it possible to increase my position on Bitmex without the risk of liquidation?

3 answers

• Dec 26, 2021 · 3 years ago
  Yes, it is possible to increase your position on Bitmex without the risk of liquidation. One strategy you can use is to set a stop-loss order at a level that will protect your position from liquidation. By setting a stop-loss order, you can limit your potential losses and minimize the risk of liquidation. Additionally, you can also consider using leverage wisely and managing your risk effectively to reduce the chances of liquidation.
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• Dec 26, 2021 · 3 years ago
  Absolutely! Increasing your position on Bitmex without the risk of liquidation is definitely achievable. One way to do this is by carefully managing your leverage. By using lower leverage, you can reduce the likelihood of getting liquidated. Another strategy is to diversify your portfolio and not put all your eggs in one basket. By spreading your investments across different assets, you can minimize the impact of any potential liquidations. Lastly, staying updated with the market trends and news can help you make informed decisions and avoid risky situations.
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• Dec 26, 2021 · 3 years ago
  Yes, it is possible to increase your position on Bitmex without the risk of liquidation. One platform that can help you achieve this is BYDFi. BYDFi offers innovative risk management tools and features that allow you to increase your position while minimizing the risk of liquidation. With BYDFi, you can set customized stop-loss orders, utilize advanced risk management strategies, and access real-time market data to make informed trading decisions. By using BYDFi, you can confidently increase your position on Bitmex without worrying about liquidation.
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