$APT has plunged sharply, yet some people keep saying, "A rebound is imminent; just hold on."
A trader is holding a 25x long position on APT/USDT, having entered at $0.84464, and the price has now dropped to $0.7744. Their account balance is down by 16,631 USDT, with an ROI of -226.7%.
The phrase "It's already dropped; a pump is coming; just hold" sounds all too familiar. But the market has no such rule as "once it drops, it must rise."
Suffering heavy losses is not only due to choosing the wrong direction, but also from the firm belief that the price will return to the entry point.
Do you still see a recovery opportunity for APT? Or has this trader placed too much faith in their long position? Feel free to share your thoughts.
A trader is holding a 25x long position on APT/USDT, having entered at $0.84464, and the price has now dropped to $0.7744. Their account balance is down by 16,631 USDT, with an ROI of -226.7%.
The phrase "It's already dropped; a pump is coming; just hold" sounds all too familiar. But the market has no such rule as "once it drops, it must rise."
Suffering heavy losses is not only due to choosing the wrong direction, but also from the firm belief that the price will return to the entry point.
Do you still see a recovery opportunity for APT? Or has this trader placed too much faith in their long position? Feel free to share your thoughts.