Do I need to stop loss for spot?

Will I get my money back if I keep holding spot?

Maybe I am different from most people. I think spot also needs to stop loss in time!

There is a new coin called SAGA, which should be very clear to everyone.

It is the emergence of this new coin that led to the adjustment of Binance's policy later!

At that time, it was a new coin. Just after it was launched, the price did increase by 50% to 7.89 US dollars. At that time, everyone was full of confidence in this coin, but in just one night, this coin did not rise again. It has fallen all the way and now it is only 0.9 US dollars.

At that time, many people asked me if SAGA can still be held. My advice was to sell it if the decline exceeds your psychological position. Don't think about holding it to get your money back. In the currency circle, only Bitcoin can let you hold it, and other coins are fake.

You asked if ETH can be held. My suggestion is that it can be held. Why do you say that? This is everyone's cognition. ETH has become the successor of BTC.

So at that time, many people listened to my advice and cleared half of their positions directly, but subsequent facts proved that the price directly fell below the bottom, and there was no chance of a rebound of $6, reaching the next stage of support: $4 area. If the positions are not cleared, the current SAGA position will almost fall.

In fact, I am not willing to answer this question of whether to stop loss, because I will definitely stop loss in time, but if I suggest others to stop loss, if the price goes back up, I will be easily scolded.

I can only say that you should make your own trading system and decide your own hedging!

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