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Are there any strategies to avoid margin calls when trading cryptocurrencies?

avatarMyoThu AungMar 06, 2022 · 3 years ago1 answers

What are some effective strategies that traders can use to avoid margin calls when trading cryptocurrencies?

Are there any strategies to avoid margin calls when trading cryptocurrencies?
Cryptocurrencies
Margin Calls
Trading

1 answers

  • avatarMar 06, 2022 · 3 years ago
    At 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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