a smaaaall piece of advice for people who ask what to do when they are sitting at a loss..

1 do not open a position if the coin is new and you do not know about it and there is no chart

2 do not enter a trade if the situation is not clear to you

3 if we trade without a stop (me included) then in the liquidation line in the long there should be a dash, and in the short +500% without leverage liquidation point or behind the historical maximum, in my memory the TRB coin was growing for the first three days by 150% without rollbacks open the chart look gave +6000% or 60X so it is better to play it safe as they say

4 always leave an amount for averaging, for this do not open a deal for the entire deposit, if you have 100 dollars open a deal for 10 and this is without taking into account the leverage!!! then you can average the position 5 more times

5 sometimes hedge the position, do it right, don't let the price go too far, otherwise both trades will be at a loss and the liquidation point will start approaching you!

6 if you violated all the rules above, reduce the position by 25% after the price reverses, add the amount of the loss (25%) to the same position

7 be patient, you must be the last survivor, after everyone is liquidated, the price will reverse, it's a matter of time

8 choose either money or time!$BTC