đ¨đ¨ If your altcoin positions are up 50-60%, itâs a smart move to secure some profits and adjust your stop-loss to your entry point đ¨đ¨
Jumping in at current market prices isn't advisable patience is key. Wait for a pullback to re-enter.
Remember REEFâs sharp drop from $0.010 to $0.003? Gains accumulated over days were wiped out in minutes. It's a clear lesson: no matter how strong the market looks, a stop-loss is essential.
Leverage can be a double-edged sword. Even a modest 2x leverage can cause severe losses without proper risk management. Many traders learned this the hard way, facing liquidation.
Take this advice seriously:
Lock in partial profits
Adjust your stop-loss to your entry
Wait for the right buying opportunity after a dip
Use leverage responsibly
Always set a stop-loss
Exercise caution with $NEIRO and similar assets donât get caught off guard.
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