$IO $BNB $HIGH I suffered a significant loss with High Coin. This strange incident happened to me, and almost every trader who invested in High Coin faced something similar. When High Coin started to correct itself, I based my trade on my analysis, entering around $6.5. Ideally, it should have held that support and shown an upward indication, but it went down instead. I thought of doing DCA (Dollar-Cost Averaging), believing it would go up, but it continued to fall. I did DCA again, and it still went down.

I ended up losing about 59% of my asset. I kept watching as it went lower and lower. I didn't have the courage to sell and save the remaining balance because a small hope lingered in my heart that it would go up, but it didn't. It kept falling. This is what happened to me.

The moral of the story is to act with courage when a trade is in loss. If there is no chance of it going up, always use a stop-loss. A small loss is better than a big one.

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