$AIN 5 minutes -1.77%, current price 0.2717. If you're itching to buy the dip, take a moment to think through these three questions:
① The 24-hour low of 0.2618 is still below us. Are there signs the price has bottomed out?
② This was a sudden, sharp drop. What will you do if it retests the bottom?
③ Is your position size planned? What’s your exit plan if you get the entry wrong?
If you haven’t thought it through, it’s better to wait and watch for now.
If you’re heavily invested, be mindful of the risk. Staying in the game is what matters most.
① The 24-hour low of 0.2618 is still below us. Are there signs the price has bottomed out?
② This was a sudden, sharp drop. What will you do if it retests the bottom?
③ Is your position size planned? What’s your exit plan if you get the entry wrong?
If you haven’t thought it through, it’s better to wait and watch for now.
If you’re heavily invested, be mindful of the risk. Staying in the game is what matters most.