Yesterday I went to a wedding with my beautiful wife. Happy as I could be.
I turned my phone off and enjoyed the quality time without distractions.
Little did I know, while was I dancing to “Perfect” by Ed Sheeran, my entire account was being liquidated.
I had a board of trades that were mostly delta neutral. Except for one
My $AVAX long
1800 $AVAX long
800 $AVAX short
18.70 liquidation point
The kicker? I had conditionals set to open more short. 500 more at an average of 25.50.
Unfortunately only one filled. Because of this the account got liquidated and everything I’ve worked towards for the past couple months is gone.
I know it wasn’t a perfect position but it definitely wasn’t at immediate risk of liquidation (or so I thought)
With God I made that money. It is gone now but if it is his will I’ll make it back tenfold. At the end of the day as heartbreaking as this is I will still praise him.
Praise him for my:
Health
My wife
My two amazing sons
My ability to keep moving forward.
This isn’t the end of perps for me. Just a speed bump in my web3 journey. Love y’all and hope this can help you deal with any losses you had as well.
Show original
9.55K
104
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.