Things to do when you're stuck in a trade (spot only). đ
1. Relax, don't panic.
2. Know the coin or token's long term probabilities. Check the chart. Pull out a much stronger time frame like the 1W or even the 1M chart. Look for bullish or bearish formations.
3. If it is bullish, take each dip as an opportunity to add tokens. That way you'll be able to lower your average buying cost, and will have more profit as soon as price action bounces back.
4. If it is bearish, then it's about time to limit your risk. Protect your capital, execute your stop loss. After all capital preservation should be prioritized over profit taking.
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