$EIGEN

Reply to fans: Feed..06f

You bought a 2x contract on 4.14. Although I don't know your buying time and logic, if you bought in early December, you made a 20% profit without selling. If you bought when the price dropped, that entry point is a bit ugly. The average price when it went online is around 4..0, please remember, the bull-bear dividing point of a new coin is its launch price! If it falls below that, don't buy anymore. If you want to buy on the rise, the price must go up first. This is another case of buying on the left side of a new coin, I've mentioned this many times, even with 2x leverage, in high volatility, there can still be liquidations.

Your buyer has seen a decline of nearly 20% to date, with 2x leverage, almost 40% of the funds are gone. Since I don't know your risk preference, if it were me, I would definitely exit if it breaks the triple bottom formed in the last few days at 3.27.

Because of the 2x relationship, you definitely want to gain higher profits from the pattern. However, currently, it's a loss, first think about how to retreat, and then think about how to make money.

Since you are at a high loss, I won't go into detail about this coin's market value or dilution values, for fear of affecting your courage to hold your position. My personal suggestion is to cut losses promptly on wrong trades! Absolutely do not consider averaging down in the opposite direction to lower the average price. It will ultimately lead to a bigger explosion. This is my personal view, for reference only.

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For any coins you hold, remember to leave a message on my post in the plaza, please state your holding price, whether it is a contract or spot. Every time I research a coin, it takes 1-2 hours. I will reply to your message within half a day. Please remember to check back. Every coin will receive a reply. If there is a problem with this coin, I will speak more subtly about it. After all, there are many project parties watching in the plaza. 😘