🚨🚨How To Secure Your Capital When Your Holdings Are Being Delisted 🔥
Binance to delist Bond, Mdx, Pols and Mdx on the 22nd/7/2024. This announcement has caused a sharp decline in this assets as usual.
Also, note that there was an announcement of delisting few weeks ago that was later reviewed then cancelled. There were massive loss of capital due ignorance.
Key Note:
✅ When there is an announcement of delisting, it means the asset no longer meet the requirements to be traded on that exchange. However, it is still on other exchanges.
✅ Don't rush to sell ignorantly without a plan especially if you are in loss.
This are few opinions or strategies to save your money.
1. Move the asset instead to where it is still trading to save your bag ( Always record your trades).
2. You can convert to USDT and buy thesame asset where it is available to keep track with your holdings.
3. you can also convert and buy other assets immediately that are in their ground state. Take record so you know when you have a Break-Even trade.
4. Never sell and hold the USDT( that is ignorant loss) invest the usdt wisely in more viable assets immediately.
✅To survive in the space you must use your brain effectively or be the prey. Don't Loss your hard earned money easily. Fight for it with the required tools.