When trading with leverage, you need to consider the following factors to decide whether to sell when the coin price rises or continue holding: $

1. Whether to sell depends on your goals and risk tolerance

• Goal: If you have set a clear profit target and the current price has reached your psychological expectation, selling is a rational choice to realize profits.

• Risk tolerance: If your tolerance for market volatility is low or you're worried about potential future declines, selling can lock in profits and reduce risk.

2. Will holding increase costs?

• If you are using leverage, financing costs (such as interest fees) need to be considered. If you hold leveraged positions for a long time, financing costs will gradually increase, potentially eroding your potential profits. (Interest is calculated hourly)

• Additionally, if the price reverses downward, leverage will amplify your losses and increase liquidation risk.

3. Analyze the current market trend

• If the current price is close to a significant resistance level (i.e., the highest point of the upward trend), there may be a risk of a pullback, making it wise to sell part or all of the position.

• If the market is in a strong upward trend and the fundamentals support the rise, consider holding on, but it's recommended to gradually take profits (e.g., sell in batches).

4. Strategy recommendations

• Gradual profit-taking: Sell part of the position in batches during the upward movement to lock in some profits while retaining part of the position to enjoy potential further gains.

• Set a stop-loss: If you decide to continue holding, it's advisable to set a stop-loss price to prevent significant losses in case of a sharp price drop.

• Monitor leverage ratio: Avoid high leverage to prevent forced liquidation due to market volatility.

Example scenario:

• Assuming your closing price is $0.05 and the current price rises to $0.1. You can:

1. Sell half of the position to lock in some profits.

2. Set a stop-loss for the remaining position, e.g., $0.08, to avoid the price falling below your profit margin.

3. If the price continues to rise, gradually raise the stop-loss position (e.g., for every $0.01 increase, raise the stop-loss by $0.005).

In summary, whether to sell at the peak depends on your judgment of the future market trend and risk management strategy. If you choose not to sell, ensure you control financing costs and stop-loss positions to avoid increasing trading costs or incurring unnecessary risks.