How to handle when holding a delisted token:
Recently, Binance seems to be becoming more and more strict or changing new strategies to shape user psychology in a new direction. There are constantly tokens being put on the delist list, so how will you handle it if your token is on this list?
The way I handle it may be a bit difficult for new players, but it is the experience from the strategies of long-time players. Usually these strategies will be shared in more detail, but I'll just mention a few of my personal ways to play:
1. Decline futures bets.
2. Transfer tokens from CEX to DEX.
3. Monitor price differences and take advantage of token releases on DEX.
With delist news, the price will decrease, currently Binance is directing users this way.
DYOR!!!
There are many other ways to minimize short-term losses, but these are some basic methods.
If trading spot currently, set a stop loss to minimize risk.
Sufficient capital and confidence in reliable projects, along with a regular DCA (Dollar-Cost Averaging) strategy, will help you minimize losses.
