Why "buying the bounce" trapped people on $Q. 💀
A 70% drop doesn't mean "cheap". It means the coin is unstable.
3 lessons:
1️⃣ A bounce is not a bottom
2️⃣ Leverage on a coin like this can liquidate you in ONE candle
3️⃣ If you can't say where you're wrong BEFORE entry, don't enter
Have you bought a "cheap" crash? 👇
#q #RiskManagement #BinanceSquare
Not financial advice.
A 70% drop doesn't mean "cheap". It means the coin is unstable.
3 lessons:
1️⃣ A bounce is not a bottom
2️⃣ Leverage on a coin like this can liquidate you in ONE candle
3️⃣ If you can't say where you're wrong BEFORE entry, don't enter
Have you bought a "cheap" crash? 👇
#q #RiskManagement #BinanceSquare
Not financial advice.