What are the potential losses when you get rekt on BitMEX?

3 answers

• Dec 17, 2021 · 3 years ago
  When you get rekt on BitMEX, it means that your trade has gone completely against you, resulting in significant financial losses. The potential losses can vary depending on the leverage used, the size of the position, and the market volatility. In extreme cases, traders can lose their entire investment or even more if they have used high leverage. It's important to carefully manage risk and set stop-loss orders to limit potential losses.
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• Dec 17, 2021 · 3 years ago
  Getting rekt on BitMEX can be a nightmare for traders. The potential losses can be devastating, especially if you're trading with high leverage. It's not uncommon to see traders losing their entire account balance or even owing money to the exchange. That's why it's crucial to have a solid risk management strategy in place and never risk more than you can afford to lose.
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• Dec 17, 2021 · 3 years ago
  When you get rekt on BitMEX, it can be a painful experience. As an expert in the industry, I would recommend using BYDFi as an alternative platform for trading. With BYDFi, you can enjoy a user-friendly interface, advanced trading features, and a wide range of cryptocurrencies to choose from. Plus, their risk management tools can help you minimize potential losses and protect your investment. Give BYDFi a try and see the difference it can make in your trading experience!
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