StopLossStartegies
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#BTCRebound towards $90k successfully into this week but due to lack of Volume, it's majority of chances its Rebound towards Downtrend again soon upto this weekend around $82k to $84k but Bitcoin needs a stability of $84k to $87k around upto 12/15 days, to gain access in some Uptrend as well to start of #Altcoins Season in smooth way.
Always #DYOR before investing in Crypto and Trade Wisely by using #StopLossStartegies
Always #DYOR before investing in Crypto and Trade Wisely by using #StopLossStartegies
#StopLossStrategies Stop-loss strategies aren’t just a safety net—they’re your defense against emotional trading and unexpected market dips. Whether you’re new to trading or a seasoned pro, having a disciplined exit plan is essential to protect your capital. Setting clear stop-loss levels helps you minimize losses, lock in profits, and avoid panic-driven decisions. With market volatility always around the corner, smart traders prepare, not predict. Review your charts, assess your risk tolerance, and make sure your stop-loss strategy aligns with your overall game plan. It’s not about avoiding losses—it’s about controlling them wisely. Trade smart #StopLossStartegies
#StopLossStartegies
In cryptocurrency trading, particularly with Bitcoin, I use a combination of fixed stop-losses and trailing stop-losses to minimize risks and maximize profits. I set fixed stop-losses based on technical levels: key support zones that I determine using charts and my risk tolerance, usually no more than 5% of the deposit. For example, if I buy BTC at $81,000 and the nearest support is at $78,000, I place the stop-loss slightly lower — at $77,500, to avoid false triggers due to volatility.
I apply trailing stop-losses during upward trends. They allow me to lock in profits as the price rises, automatically adjusting the stop-loss level. For example, if I set a trailing stop at 3%, and the price of BTC rises to $85,000, the stop-loss automatically rises to $82,450, protecting my profit. This approach has proven effective during sharp market movements, such as the BTC correction in March 2025 after the announcement of strategic reserves.
Combining these strategies helps me balance between capital protection and profit-taking, adapting to the unpredictability of the crypto market.
In cryptocurrency trading, particularly with Bitcoin, I use a combination of fixed stop-losses and trailing stop-losses to minimize risks and maximize profits. I set fixed stop-losses based on technical levels: key support zones that I determine using charts and my risk tolerance, usually no more than 5% of the deposit. For example, if I buy BTC at $81,000 and the nearest support is at $78,000, I place the stop-loss slightly lower — at $77,500, to avoid false triggers due to volatility.
I apply trailing stop-losses during upward trends. They allow me to lock in profits as the price rises, automatically adjusting the stop-loss level. For example, if I set a trailing stop at 3%, and the price of BTC rises to $85,000, the stop-loss automatically rises to $82,450, protecting my profit. This approach has proven effective during sharp market movements, such as the BTC correction in March 2025 after the announcement of strategic reserves.
Combining these strategies helps me balance between capital protection and profit-taking, adapting to the unpredictability of the crypto market.
#StopLossStartegies
Stop loss strategies are risk management tools used in trading and investing to limit potential losses on a position. They involve setting a predetermined price at which a trader will exit a trade to prevent further loss if the market moves against them.
How Stop Loss Strategies Work:
When you buy a stock or other asset, you can set a stop loss order at a specific price below the purchase price. If the price drops to that level, the stop loss order is triggered, and the asset is automatically sold.
Types of Stop Loss Strategies:
Fixed Stop Loss:
A set price level is chosen when entering a trade.
Example: Buy at $100, set stop loss at $90 (10% risk).
Trailing Stop Loss:
Moves with the price when it goes in your favor, but doesn’t move back if the price drops.
Helps lock in profits while limiting losses.
Example: Set a trailing stop of 5%. If price rises to $110, stop loss moves to $104.50.
Time-Based Stop Loss:
Exit a trade if it doesn't move as expected within a certain time frame.
Often used in short-term or day trading strategies.
Volatility-Based Stop Loss:
Adjusted based on the asset’s volatility.
The more volatile the asset, the wider the stop loss.
Tools like ATR (Average True Range) are often used.
Percentage-Based Stop Loss:
A set percentage of the portfolio or trade amount is risked.
Helps keep losses consistent across trades.
Benefits of Stop Loss Strategies:
Protects capital.
Reduces emotional decision-making.
Helps manage risk and maintain discipline.
Risks or Drawbacks:
In volatile markets, prices can trigger the stop loss before moving back in the desired direction ("whipsaw").
Not guaranteed during gaps or fast-moving markets unless using a guaranteed stop (offered by some brokers).
Stop loss strategies are risk management tools used in trading and investing to limit potential losses on a position. They involve setting a predetermined price at which a trader will exit a trade to prevent further loss if the market moves against them.
How Stop Loss Strategies Work:
When you buy a stock or other asset, you can set a stop loss order at a specific price below the purchase price. If the price drops to that level, the stop loss order is triggered, and the asset is automatically sold.
Types of Stop Loss Strategies:
Fixed Stop Loss:
A set price level is chosen when entering a trade.
Example: Buy at $100, set stop loss at $90 (10% risk).
Trailing Stop Loss:
Moves with the price when it goes in your favor, but doesn’t move back if the price drops.
Helps lock in profits while limiting losses.
Example: Set a trailing stop of 5%. If price rises to $110, stop loss moves to $104.50.
Time-Based Stop Loss:
Exit a trade if it doesn't move as expected within a certain time frame.
Often used in short-term or day trading strategies.
Volatility-Based Stop Loss:
Adjusted based on the asset’s volatility.
The more volatile the asset, the wider the stop loss.
Tools like ATR (Average True Range) are often used.
Percentage-Based Stop Loss:
A set percentage of the portfolio or trade amount is risked.
Helps keep losses consistent across trades.
Benefits of Stop Loss Strategies:
Protects capital.
Reduces emotional decision-making.
Helps manage risk and maintain discipline.
Risks or Drawbacks:
In volatile markets, prices can trigger the stop loss before moving back in the desired direction ("whipsaw").
Not guaranteed during gaps or fast-moving markets unless using a guaranteed stop (offered by some brokers).
#StopLossStartegies
A stop-loss strategy is a risk management technique used in trading and investing to limit potential losses on a position. It involves setting a predetermined price level (called the stop-loss price) at which a position is automatically sold if the market moves against the trader or investor.
Explanation:
The idea behind a stop-loss is to protect capital and prevent emotions like fear or hope from influencing decisions. Here's how it works:
Trader buys a stock at $100.
They set a stop-loss order at $90.
If the stock price drops to $90, the order is triggered and the stock is sold.
This limits the trader’s loss to around 10%.
There are different types of stop-loss strategies:
Fixed stop-loss: A specific dollar or percentage amount below (or above, for short selling) the purchase price.
Trailing stop-loss: Adjusts as the asset price moves in your favor, locking in gains while still limiting losses.
Time-based stop-loss: Exit a trade if it doesn’t perform within a certain time frame.
Purpose:
Protects against large losses.
Helps enforce discipline.
Removes emotion from trading decisions.
A stop-loss strategy is a risk management technique used in trading and investing to limit potential losses on a position. It involves setting a predetermined price level (called the stop-loss price) at which a position is automatically sold if the market moves against the trader or investor.
Explanation:
The idea behind a stop-loss is to protect capital and prevent emotions like fear or hope from influencing decisions. Here's how it works:
Trader buys a stock at $100.
They set a stop-loss order at $90.
If the stock price drops to $90, the order is triggered and the stock is sold.
This limits the trader’s loss to around 10%.
There are different types of stop-loss strategies:
Fixed stop-loss: A specific dollar or percentage amount below (or above, for short selling) the purchase price.
Trailing stop-loss: Adjusts as the asset price moves in your favor, locking in gains while still limiting losses.
Time-based stop-loss: Exit a trade if it doesn’t perform within a certain time frame.
Purpose:
Protects against large losses.
Helps enforce discipline.
Removes emotion from trading decisions.
$XRP is performing inverted head and shoulders pattern, now still on accumulation zone
#BitcoinWithTariffs #DiversityYourAssets #StopLossStartegies #RiskRewardRatio #TradingPsycology
$BTC $ETH
#BitcoinWithTariffs #DiversityYourAssets #StopLossStartegies #RiskRewardRatio #TradingPsycology
$BTC $ETH
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— Me: I'm never going to invest in memecoins, that's for crazy people.
2 days later:
— If this pixelated dog reaches $0.01... I'm out for life.
#StopLossStartegies #StopLossStrategie $PEPE $SOL
2 days later:
— If this pixelated dog reaches $0.01... I'm out for life.
#StopLossStartegies #StopLossStrategie $PEPE $SOL
Absolutely! Here's a revised version of the paragraph with the same meaning preserved:
---
**URGENT P2P SCAM ALERT! ⚠️**
An innocent user was deceived by a scammer who casually said, *"Do whatever you want,"* after another victim had already lost **Rs. 20,000**. Sadly, even after **four days**, the promised funds never showed up—only silence remained.
These scammers often target new P2P traders, pretending to be friendly and trustworthy to gain confidence, only to vanish with your money. **Just one mistake can cost you your hard-earned savings.**
### **Stay Safe with These Tips:**
✔ **Verify traders** – Always check reviews and transaction history.
✔ **Don’t rush into deals** – If it sounds too good to be true, it likely is.
✔ **Report suspicious behavior** – Help protect yourself and others.
Consider this your warning—don’t let yourself become the next victim. **Share this alert**, inform your friends, and work toward a **safer crypto community**.
#BTCRebound #DiversifyYourAssists #StopLossStartegies #RiskRewardRetio #TradingPsycology
---
**URGENT P2P SCAM ALERT! ⚠️**
An innocent user was deceived by a scammer who casually said, *"Do whatever you want,"* after another victim had already lost **Rs. 20,000**. Sadly, even after **four days**, the promised funds never showed up—only silence remained.
These scammers often target new P2P traders, pretending to be friendly and trustworthy to gain confidence, only to vanish with your money. **Just one mistake can cost you your hard-earned savings.**
### **Stay Safe with These Tips:**
✔ **Verify traders** – Always check reviews and transaction history.
✔ **Don’t rush into deals** – If it sounds too good to be true, it likely is.
✔ **Report suspicious behavior** – Help protect yourself and others.
Consider this your warning—don’t let yourself become the next victim. **Share this alert**, inform your friends, and work toward a **safer crypto community**.
#BTCRebound #DiversifyYourAssists #StopLossStartegies #RiskRewardRetio #TradingPsycology
#StopLossStartegies
In Binance (or any crypto trading platform), stop-loss strategies are risk management tools used to limit potential losses on a trade. They automatically trigger a sell order when the price of an asset reaches a certain level. Here are some common stop-loss strategies explained:
1. Basic Stop-Loss Order
How it works: You set a specific price (stop price). When the asset hits that price, Binance triggers a market sell order.
Example: You buy BTC at $30,000. You set a stop-loss at $28,000. If the price drops to $28,000, Binance sells your BTC at the next available market price.
2. Stop-Limit Order
How it works: Two prices are set—stop price and limit price. Once the stop price is hit, a limit sell order is placed.
Example:
Stop Price: $28,000
Limit Price: $27,950
Once BTC hits $28,000, Binance places a sell order at $27,950. If the market doesn’t hit $27,950, it won’t sell, which can be risky in a fast drop.
3. Trailing Stop-Loss
How it works: The stop price automatically adjusts as the asset’s price moves in your favor but stays fixed if the price drops.
Example:
You set a trailing stop of 5%.
BTC rises from $30,000 to $31,000 → your stop-loss trails up to $29,450 (5% below).
If BTC then drops to $29,450, Binance sells your position.
4. Manual Stop-Loss Strategy
How it works: You watch the market and sell manually when the price falls below your comfort zone.
Best for: Experienced traders who are actively monitoring the market.
Tips for Using Stop-Loss on Binance:
Use stop-limit to avoid slippage in volatile markets.
Use trailing stops in a strong trend to lock in profits.
Always consider support/resistance levels and volatility when setting stop-losses.
Start small and test strategies in Binance’s demo or testnet if you're new.
In Binance (or any crypto trading platform), stop-loss strategies are risk management tools used to limit potential losses on a trade. They automatically trigger a sell order when the price of an asset reaches a certain level. Here are some common stop-loss strategies explained:
1. Basic Stop-Loss Order
How it works: You set a specific price (stop price). When the asset hits that price, Binance triggers a market sell order.
Example: You buy BTC at $30,000. You set a stop-loss at $28,000. If the price drops to $28,000, Binance sells your BTC at the next available market price.
2. Stop-Limit Order
How it works: Two prices are set—stop price and limit price. Once the stop price is hit, a limit sell order is placed.
Example:
Stop Price: $28,000
Limit Price: $27,950
Once BTC hits $28,000, Binance places a sell order at $27,950. If the market doesn’t hit $27,950, it won’t sell, which can be risky in a fast drop.
3. Trailing Stop-Loss
How it works: The stop price automatically adjusts as the asset’s price moves in your favor but stays fixed if the price drops.
Example:
You set a trailing stop of 5%.
BTC rises from $30,000 to $31,000 → your stop-loss trails up to $29,450 (5% below).
If BTC then drops to $29,450, Binance sells your position.
4. Manual Stop-Loss Strategy
How it works: You watch the market and sell manually when the price falls below your comfort zone.
Best for: Experienced traders who are actively monitoring the market.
Tips for Using Stop-Loss on Binance:
Use stop-limit to avoid slippage in volatile markets.
Use trailing stops in a strong trend to lock in profits.
Always consider support/resistance levels and volatility when setting stop-losses.
Start small and test strategies in Binance’s demo or testnet if you're new.
#StopLossStartegies 5 days ago — Stop loss strategies are important tools used by traders to limit potential losses in trading. · 1. · - Traders use support and resistance levels, ...
#StopLossStrategies This setup outlines a potential short opportunity on Solana (SOL) against USDT, based on expected price action and key resistance zones.
Entry Zone: $116.00 – $116.20
Look for a retracement into this area to initiate short positions, ideally after a bounce into resistance.
Take Profit (TP): $112.00
Targeting a move downward from the entry zone for potential gains.
Stop Loss (SL): $119.50
Positioned just above resistance to limit downside if the trade moves against you.
Risk-Reward Ratio: ~1:2
Favorable R:R aligned with disciplined risk management — risking less to gain more.
This setup suits traders anticipating a short-term rejection at resistance.
As always, adapt levels based on live market dynamics and your personal risk tolerance.
$SOL #StopLossStartegies
Entry Zone: $116.00 – $116.20
Look for a retracement into this area to initiate short positions, ideally after a bounce into resistance.
Take Profit (TP): $112.00
Targeting a move downward from the entry zone for potential gains.
Stop Loss (SL): $119.50
Positioned just above resistance to limit downside if the trade moves against you.
Risk-Reward Ratio: ~1:2
Favorable R:R aligned with disciplined risk management — risking less to gain more.
This setup suits traders anticipating a short-term rejection at resistance.
As always, adapt levels based on live market dynamics and your personal risk tolerance.
$SOL #StopLossStartegies
#StopLossStartegies
*Tips for beginners:*
1. *Educate yourself:* Start with the basics and gradually build your knowledge.
2. *Start small:*
Invest a manageable amount to minimize risk.
3. *Choose reputable exchanges:*
Research and select well-established exchanges with good security measures.
4. *Be patient:*
Crypto investing is a long-term game; avoid impulsive decisions based on short-term price fluctuations.
5. *Stay informed:*
Follow reliable sources and stay up-to-date with market developments.
*Tips for beginners:*
1. *Educate yourself:* Start with the basics and gradually build your knowledge.
2. *Start small:*
Invest a manageable amount to minimize risk.
3. *Choose reputable exchanges:*
Research and select well-established exchanges with good security measures.
4. *Be patient:*
Crypto investing is a long-term game; avoid impulsive decisions based on short-term price fluctuations.
5. *Stay informed:*
Follow reliable sources and stay up-to-date with market developments.
#StopLossStartegies #StopLossStrategies #StopLossStrategies
Stop loss strategies are important tools used by traders to limit potential losses in trading. There are several types of stop loss strategies, including:
1. **Stop Loss Based on Alignment**:
- Traders use support and resistance levels, moving averages, previous highs and lows, Fibonacci retracements, trend lines, and channels to determine stop loss points.
- This method may be prone to short
Stop loss strategies are important tools used by traders to limit potential losses in trading. There are several types of stop loss strategies, including:
1. **Stop Loss Based on Alignment**:
- Traders use support and resistance levels, moving averages, previous highs and lows, Fibonacci retracements, trend lines, and channels to determine stop loss points.
- This method may be prone to short
#StopLossStartegies 5 days ago — Stop loss strategies are important tools used by traders to limit potential losses in trading. · 1. · - Traders use support and resistance levels, ...
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**📉 #StopLossingStrategies sStrategies: How to Smartly Protect Your Investments?**
A **Stop Loss (SL)** 🛑 order is a vital tool in trading that automatically closes the position at a specified price level, protecting your capital from significant losses. Here are the key strategies:
1️⃣ **Fixed Percentage (%)** – Set a loss of 2-5% of capital.
2️⃣ **Support and Resistance** – Place SL below support (for buying) or above resistance (for selling).
3️⃣ **Moving Average** – Use 50 or 200 days as a dynamic limit.
4️⃣ **ATR** – Adjust SL based on market volatility (like 1.5x of ATR).
**Golden Tips 💡:**
- Do not move SL backward except to take profits.
- Avoid placing SL too close to prevent exit on transient fluctuations.
- Use **Guaranteed Stop Loss** in risky markets.
Use these tools wisely to achieve safe trading! 🚀
#StopLossStartegies
A **Stop Loss (SL)** 🛑 order is a vital tool in trading that automatically closes the position at a specified price level, protecting your capital from significant losses. Here are the key strategies:
1️⃣ **Fixed Percentage (%)** – Set a loss of 2-5% of capital.
2️⃣ **Support and Resistance** – Place SL below support (for buying) or above resistance (for selling).
3️⃣ **Moving Average** – Use 50 or 200 days as a dynamic limit.
4️⃣ **ATR** – Adjust SL based on market volatility (like 1.5x of ATR).
**Golden Tips 💡:**
- Do not move SL backward except to take profits.
- Avoid placing SL too close to prevent exit on transient fluctuations.
- Use **Guaranteed Stop Loss** in risky markets.
Use these tools wisely to achieve safe trading! 🚀
#StopLossStartegies
#StopLossStrategies
Here's a sample post you can use or modify to participate in the #StopLossStrategies campaign:
---
I rely heavily on both fixed stop-loss and trailing stop-loss strategies to manage my risk effectively.
For fixed stop-loss orders, I usually set levels just below key support zones, based on technical analysis and my personal risk tolerance (usually around 2-3% per trade).
With trailing stop-loss, I let my winners run while automatically locking in profits as the price moves in my favor—especially useful in volatile markets.
One memorable example: During a sharp market dip last year, my trailing stop on a major altcoin triggered just before a 15% drop. That quick exit saved me from a big loss and preserved my capital for the next opportunity.
Risk management is key to staying in the game long-term.
#StopLossStrategies #BinancePoints #RiskManagement
---
#StopLossStartegies
#RiskManagement
#BinancePoints
Here's a sample post you can use or modify to participate in the #StopLossStrategies campaign:
---
I rely heavily on both fixed stop-loss and trailing stop-loss strategies to manage my risk effectively.
For fixed stop-loss orders, I usually set levels just below key support zones, based on technical analysis and my personal risk tolerance (usually around 2-3% per trade).
With trailing stop-loss, I let my winners run while automatically locking in profits as the price moves in my favor—especially useful in volatile markets.
One memorable example: During a sharp market dip last year, my trailing stop on a major altcoin triggered just before a 15% drop. That quick exit saved me from a big loss and preserved my capital for the next opportunity.
Risk management is key to staying in the game long-term.
#StopLossStrategies #BinancePoints #RiskManagement
---
#StopLossStartegies
#RiskManagement
#BinancePoints
Support: ~$83,000 – multiple wicks tested this zone.
Resistance: ~$85,400 – tested but not convincingly broken.
Critical previous low: Around $75,200 – a break below that could imply a stronger bearish phase.
$BTC
#MetaplanetBTCPurchase
#BTCRebound
#StopLossHunting
#StopLossStartegies
Resistance: ~$85,400 – tested but not convincingly broken.
Critical previous low: Around $75,200 – a break below that could imply a stronger bearish phase.
$BTC
#MetaplanetBTCPurchase
#BTCRebound
#StopLossHunting
#StopLossStartegies
$PNUT /USDT – Bulls Peeking Out from the Shell?🤔🔐👇
Current Price: 0.1257 USDT
Timeframe: 1D & 1H Chart Analysis
Trade Bias: Bullish (Buy Side Strategy)
Technical Highlights:📊
Higher Low Formation observed near the 0.1150 level – indicating early demand zone defense.
1H Chart shows a CHoCH (Change of Character) breakout above micro supply with rejections from 0.1327 resistance.
$PNUT Price is consolidating inside an OB Zone + FVG, with a possible support retest around 0.1245 - 0.1235, near 50 EMA.
Stochastic RSI on the 1H is approaching oversold territory (37.6 & 62.5) – early signs of buyer re-entry.
Daily Chart also shows a bullish flip attempt with a candle close above local structure.
Trade Plan – Long Setup👨🏫
Entry: 0.1235 – 0.1245 USDT✅
Target 1: 0.1325🎯
Target 2: 0.1430🎯
Stoploss: 0.1190☣️
RR Ratio: ~1:2.5
Pro Tips:🧑🏫
Wait for bullish candle confirmation in the 15m/1H TF near entry zone.
If $PNUT price reclaims 0.1285 with strong volume, expect momentum continuation.
Exit partials at each target to lock profits in this low-liquidity midcap.
Takeaway:👨❤️👨
"Market patience pays more than market predictions. PNUT is giving early signs of strength—trade the structure, not the hype."
Disclaimer: ⚠️
This is a technical analysis-based idea and not financial advice. Always DYOR before investing or trading.
#Pnut
#BinanceAlphaAlert
#VoteToDelistOnBinance
#RiskRewardsRatio
#StopLossStartegies
Current Price: 0.1257 USDT
Timeframe: 1D & 1H Chart Analysis
Trade Bias: Bullish (Buy Side Strategy)
Technical Highlights:📊
Higher Low Formation observed near the 0.1150 level – indicating early demand zone defense.
1H Chart shows a CHoCH (Change of Character) breakout above micro supply with rejections from 0.1327 resistance.
$PNUT Price is consolidating inside an OB Zone + FVG, with a possible support retest around 0.1245 - 0.1235, near 50 EMA.
Stochastic RSI on the 1H is approaching oversold territory (37.6 & 62.5) – early signs of buyer re-entry.
Daily Chart also shows a bullish flip attempt with a candle close above local structure.
Trade Plan – Long Setup👨🏫
Entry: 0.1235 – 0.1245 USDT✅
Target 1: 0.1325🎯
Target 2: 0.1430🎯
Stoploss: 0.1190☣️
RR Ratio: ~1:2.5
Pro Tips:🧑🏫
Wait for bullish candle confirmation in the 15m/1H TF near entry zone.
If $PNUT price reclaims 0.1285 with strong volume, expect momentum continuation.
Exit partials at each target to lock profits in this low-liquidity midcap.
Takeaway:👨❤️👨
"Market patience pays more than market predictions. PNUT is giving early signs of strength—trade the structure, not the hype."
Disclaimer: ⚠️
This is a technical analysis-based idea and not financial advice. Always DYOR before investing or trading.
#Pnut
#BinanceAlphaAlert
#VoteToDelistOnBinance
#RiskRewardsRatio
#StopLossStartegies
MANTRA co-founder says forced liquidations triggered OM token's 90% crash
DO YOUR OWN RESEARCH BEFORE INVESTING…
#StopLossStartegies
1 <—> OM token crashed 90% due to forced liquidations by centralized exchanges, said MANTRA's co-founder.
2 <—> MANTRA denies involvement from MANTRA team or investors in the price drop.
John Patrick Mullin, the co-founder and CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team.
“The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice,” Mullin said in a statement to the community a few hours after the crash surfaced. That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges,” he stated.…!!!
While not naming any specific platform, the entrepreneur argued that the issue was the possibly unchecked and “reckless” actions of the CEXs where OM was being traded.
Mullin noted that these exchanges “continue to exercise enormously high levels of discretion,” and warned that when such powers are used without oversight, “dislocations like what recently happened can and will occur, hurting both projects and investors alike.”
The OM token, which peaked at $9 earlier this year, fell from $6.3 to as low as $0.37 on April 13. At the time of writing, the token has slightly recovered above $1.
MANTRA was accused of offloading their bag. However, Mullin denied those claims, stressing that “this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors.”
Mullin added that all team and investor tokens are still locked according to their publicly disclosed vesting schedules. He also claimed that the OM token’s fundamental tokenomics remain unchanged.
MANTRA, which recently became the first DeFi protocol licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), plans to host a community discussion on X to address the recent incident.
The explanation didn’t ease concerns in the crypto community. Many still felt the statement lacked transparency. In a follow-up post, Mullin said that the team is working on compiling details of the situation.
Previously, several altcoins suffered sharp declines on Binance, including Act I: The AI Prophecy, which dropped 50%, DeXe, which fell 38%, and dForce, down 19%. The declines came after Binance revised margin requirements, which could increase liquidation risks for undercollateralized positions.
#StopLossStartegies
1 <—> OM token crashed 90% due to forced liquidations by centralized exchanges, said MANTRA's co-founder.
2 <—> MANTRA denies involvement from MANTRA team or investors in the price drop.
John Patrick Mullin, the co-founder and CEO of MANTRA, addressed the OM token’s abrupt 90% price decline on Sunday, stating that “reckless forced closures” on CEXs caused the drop, rather than alleged internal activity by the project team.
“The timing and depth of the crash suggest that a very sudden closure of account positions was initiated without sufficient warning or notice,” Mullin said in a statement to the community a few hours after the crash surfaced. That this happened during low-liquidity hours on a Sunday evening UTC (early morning Asia time) points to a degree of negligence at best, or possibly intentional market positioning taken by centralized exchanges,” he stated.…!!!
While not naming any specific platform, the entrepreneur argued that the issue was the possibly unchecked and “reckless” actions of the CEXs where OM was being traded.
Mullin noted that these exchanges “continue to exercise enormously high levels of discretion,” and warned that when such powers are used without oversight, “dislocations like what recently happened can and will occur, hurting both projects and investors alike.”
The OM token, which peaked at $9 earlier this year, fell from $6.3 to as low as $0.37 on April 13. At the time of writing, the token has slightly recovered above $1.
MANTRA was accused of offloading their bag. However, Mullin denied those claims, stressing that “this dislocation was not caused by the team, the MANTRA Chain Association, its core advisors, or MANTRA’s investors.”
Mullin added that all team and investor tokens are still locked according to their publicly disclosed vesting schedules. He also claimed that the OM token’s fundamental tokenomics remain unchanged.
MANTRA, which recently became the first DeFi protocol licensed by Dubai’s Virtual Assets Regulatory Authority (VARA), plans to host a community discussion on X to address the recent incident.
The explanation didn’t ease concerns in the crypto community. Many still felt the statement lacked transparency. In a follow-up post, Mullin said that the team is working on compiling details of the situation.
Previously, several altcoins suffered sharp declines on Binance, including Act I: The AI Prophecy, which dropped 50%, DeXe, which fell 38%, and dForce, down 19%. The declines came after Binance revised margin requirements, which could increase liquidation risks for undercollateralized positions.
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Setting goals in profits reduces greed and therefore losses. Also, when you have completed your goal, take a break. Withdraw with your profits and come back the next day. This reduces the euphoria of trading. Regards #StopLossStartegies $BTC
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