đ°đŻ Who Took Profits At $0.14-0.15? đŻđ°
With a recently released small cap assets like $PDA , we can expect high volatility.
The price can shoot instantly to new heights, for instance when some ground breaking news gets released, but also fall very quickly.
For this very reason, I recommend you to spot trade this bugger and take profits at pre-defined levels. By holding it for too long, you are most likely going to witness all your potential profits fall from your hands.
Sometimes it takes time to find support after price peak, but that's the period when you DCA or wait another entrance from the sidelines.
Next target where I'm going to take profits at is $0.17. As the price is past that, I still monitor the situation and make a decision whether it looks like going even further.
If it's ran out of fuel and not finding support, I'll hop out and wait for confirmation from the previous target price. That's the time when I buy in back.
With spot trading time is on your side. If you use leverage, you can lose everything. Do not FOMO in when the candle is green, rush in when it's red and when people are fearing the most.
If you don't know anything about trading, just buy when people are saying that the price will go to zero. With PDA that will never be the case.
