How to handle being stuck in the worst position?
Remember, I was in the #AGİX #arb position in trading and found myself stuck for possibly 6 month. Despite many crypto enthusiasts advising me to close due to predictions of a market crash to $15,000 for #Bitcoin , it's crucial to understand the market perspective. Perspective involves factors like upcoming halving events, which typically herald a bull market. Therefore, instead of hastily closing long positions, I choose to hold and manage them, employing dollar-cost averaging to build a robust position that can offset losses, including funding fees. Conversely, in a bear market, it's wise to cut losses, open short positions, and hold them until they recover losses. Adapting to the market perspective is key to turning every trade into a winning one. With a bullish outlook until 2025, I'm committed to following this strategy. Hopefully, this advice will help you develop the patience needed to weather market fluctuations. Remember to DYOR (Do Your Own Research) before making any decisions. #BullorBear #Memecoins $BTC $ETH $BNB