Are there any strategies to avoid margin calls when trading cryptocurrencies?
Milly NamayanjaMay 08, 2022 · 3 years ago1 answers
What are some effective strategies that traders can use to avoid margin calls when trading cryptocurrencies?
1 answers
- May 08, 2022 · 3 years agoAt BYDFi, we recommend traders to use a combination of risk management techniques and careful analysis to avoid margin calls when trading cryptocurrencies. This includes setting stop-loss orders, diversifying your portfolio, staying informed about market trends, and understanding the margin requirements of the exchange you are trading on. By following these strategies, traders can minimize the risk of margin calls and protect their trading capital.
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