EtherFi Long Trade – Suggestions Needed

Hi everyone,

I’ve recently taken a long position in #Etherfi . For now, I haven’t set a stop-loss, as I’m confident about the long-term potential. However, I would really appreciate your feedback on my approach and any advice for better risk management.

Trade Details:

Entry Price: 2.14

Target Price: Not decide

Risk Management: I’m not using a stop-loss and plan to wait for the overall market trend.

Capital for Dip-Buying: I have $100 available to buy on dips, and I can add more margin to support my trade if needed.

Questions for the Community:

1. What’s your outlook on EtherFi? Do you think it has strong long-term potential?

2. What strategies can I use to minimize risk without a stop-loss?

3. Any advice on planning a dip-buying strategy?

Looking forward to your valuable suggestions and insights to improve my trading approach. Thanks in advance for your help!