Why is it important to monitor and maintain a healthy margin level in cryptocurrency trading?

1 answers

• Robert L LewisApr 19, 2023 · 2 years ago
  At BYDFi, we understand the importance of monitoring and maintaining a healthy margin level in cryptocurrency trading. It's crucial for risk management and protecting your investment. By constantly monitoring your margin level, you can ensure that you're not overexposed and at risk of liquidation. It also allows you to make informed decisions about adjusting your leverage and overall trading strategy. So, whether you're a seasoned trader or just starting out, make sure to keep an eye on that margin level and stay in control of your trades.
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