So, Here's couple of screenshot from my Bitmex account.
So i went long on 68875 Contracts and deposited 17.17 BTC so far. I Understand my entry point is 6019.38. Here's my question, if i went long on 68,875 contracts and at current rate of 3663 its 18.80 BTC. Since i already deposited 17.17 BTC, am i not just barely using any leverage? If yes, why does it shows my liquidation point at 2480.50. In other words, since i went long on only 18.80 BTC should i add 1.63 BTC and it will take liqudation mark down to $0?
some of you might think, this is a perfect case of why people shouldn't invest in what they don't understand and i agree i don't get leverage 100% but i also have ability to simply send more btc to my wallet and not get liquidated.
Thanks for the answers in advance