A trader made a $61,000 profit on an $ETH trade but refuses to close his $ZEC position despite an unrealized loss of $235,000
He entered a long position on $ZEC with 10x leverage at approximately $1,146, and the coin has since fallen by more than 24% over the course of a month
But the question isn’t why he lost money it’s why he’s still holding onto the position
Is he waiting for a rebound that will recoup his losses, or has admitting the loss become harder for him than bearing it?
He entered a long position on $ZEC with 10x leverage at approximately $1,146, and the coin has since fallen by more than 24% over the course of a month
But the question isn’t why he lost money it’s why he’s still holding onto the position
Is he waiting for a rebound that will recoup his losses, or has admitting the loss become harder for him than bearing it?