How close is too close until liquidation?

in LeoFinance2 years ago (edited)
Authored by @J Burke

Quick summary of my risk level/tolerance:
The initial funding came from buying ETH in 2019. Since then I've bridged my assets to other layer 1s such as Avalanche. I'm currently leveraging BTC,,ETH & AVAX to earn a solid yield while ultimately longing all three assets.

My crypto portfolio is just under 5K, half of my portfolio is allocated to the DEFI space.
With BTC touching 37k my health factor is around 1.32, I continue to supply collateral to stay healthy but I'm maxed out on the percent of my portfolio I'm willing to allocate.

The good news is if I lost it all today It would have zero impact as the money as all profit from many years ago anyway. This is play money for me to get better at investing, trading and learning finance.

Should I be worried about liquidation at the price of BTC < 37k?

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