Your mentality of letting a position liquidate you or give you a profit can put you in a very bad situation.
Don't use leverage greater than 5x if you really want to use leverage.
During the bull market, many traders try to make money quickly by using high leverage.
A coin can liquidate 10x long with just a 10% drop. During a bullish move, it is completely normal for a coin to fall 10% in a few minutes to liquidate highly leveraged long positions and you will notice the price rebound again. As you see right now. Most coins have fully recovered from yesterday's drop and some have even surpassed the latest highs $FET, $RNDR are the key examples.
To avoid these sudden falls
Do not use leverage greater than 5x.
Futures trading requires so much discipline that you should place a stoploss on your trade.
Never let your position liquidate, it is important for your account balance as well as mental psychology.
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