if there was a quick spike down to 25k on btc (my liquidation level) would I get liquidated straight away or do they give you time to add collateral ?
Liquidations aren’t automatic, which is why that level is below 100% ltv. It’s recommended you address margin calls or refinance prior to getting to that level if possible though
Wow bitcoin 25k!! I'm ready to play!! Let's hope it happens!!
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