Consider this scenario: You've got insider info that hints EGN could jump to $100 soon. But here's the thing—it's priced at $3.33 now. If you had the chance to buy it for $2, would you hold out hoping it drops to $1? Many people would be thrilled to grab it at $2.5, thinking it's a steal.

Here's the twist: Buyers who got in at $12 to $18 probably won't be willing to let go at $8. But, if you're trading on borrowed money, tread carefully. Concerned about the potential for loss? It might be smarter to cut your losses and back out now. Taking a hit today might open up bigger wins down the line.

Reality check: The saying "You don't lose until you sell" isn't quite right for leveraged trades. It fits better for those holding long-term or trading short-term without borrowing. Short-term traders hope the price jumps back to $25, soon or eventually. Long-term believers are convinced EGN will rise as a key player in the artificial intelligence (AI) and machine learning space.

No matter if you're trading short-term, holding long-term, or somewhere in between, remember: in the unpredictable world of cryptocurrency, being knowledgeable and making timely decisions are crucial. They can lead to soaring successes or steep losses #EGN #Eigen #Cryptocurrency #Trading #BTC100KTrumpEffect $EIGEN