Closed my short $SUI to open up one on $LINK and got liquida | Mny_btc on Binance Square

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Closed my short $SUI to open up one on $LINK and got liquidated. SMH 🤦

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@KimaNetwork is another free to farm airdrop that’s currently underfarmed and so under the radar. So what is KIMA? And what are they building? WHAT IS KIMA?? Kima is a decentralized, blockchain-based money transfer protocol that settles interchain transactions, enabling apps to build on what they’re comfortable with, and leave financial friction in the past. KIMA network was founded in 2021 by Eitan Katz and Guy Vider. The company is based out in Israel and they have been building in silence ever since. KIMA successfully raised $3m+ with the help of multiple VC’s to build their product which is currently in test-net, though it’s not public yet. They set to launch their TGE $KIMA in 2 months+ and have confirmed airdrop for community members that participated in events and currently they have a zealy event that’s set to expire in 3days. Here are some of the links to get you started: Zealy : zealy.io/cw/kimanetwork… Discord: discord.gg/kimanetwork Twitter; @KimaNetwork $KIMA #kimaNetwork

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Still shorting my way through the bullish market lol 😅

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Got liquidated for $616 Short on $LINK +$520 Short on $AVAX +$69 Total portfolio is about $536

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There are things I don’t know before I started trading. Like I said in my posts earlier, this is just experimental, there’s no better teacher than experience. Here are the things I didn’t know about liquidation that got me liquidated: 1) I didn’t know that the more you DCA, you’re over leveraging yourself and the liquidation marks moves closer. 2) I didn’t know that once you get liquidated, the liquidation takes all the $$ in your features account. 3) i thought only the $$ involved in the open trade would be liquidated. And for this reasons I got liquidated for $616 on a $LINK short. I was fairly pissed at myself after I got liquidated. What do I do now? I thought to myself. Then I opened up another short position at $18.66 with a 20x leverage and made $520. Well, I haven’t gotten all back but with these things I just learnt, I hope I don’t get liquidated again.

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Got hit by a truck. Ggs to $LINK

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