HOW TO AVOID LOSSES DURING TOKEN UNLOCKS 🚨👇
In order to avoid losses during token unlocks, start by thoroughly understanding the project's tokenomics and vesting schedule. Keep a close eye on market sentiment through the social media and news updates. Plan your trades by timing buys and sells around the unlock date and also, consider dollar-cost averaging to spread your investment risk. Use technical analysis to identify key support and resistance levels and monitor trading volumes for strong market interest!
Diversify your portfolio to reduce risk and consider hedging strategies like shorting the token if a significant price drop is anticipated. Protect your investments by setting stop-loss and take-profit orders. Stay informed about the project's progress and new partnerships to gauge potential positive impacts. At least, consider the token's market liquidity and exchange listings to better understand how easily you can buy or sell your holdings!
STAY TUNED! 🔥 & Remember, Your Support Is MASSIVELY Appreciated!👍💪 - DYOR 🙏 NFA.🤝