#think or
#panic Looking at your results, you think:
🤔 Is there any point in withdrawing now?
🚨 It depends on several things. Here is the most honest analysis 🚨
✅ When it is WORTH selling even at a loss:
• If you think the project is fundamentally weak (lack of updates, suspicious team actions, lack of liquidity, lack of community).
• If the price breaks strong supports and there are no technical signs of a rebound — and you don’t want to risk deeper losses.
• If you no longer want to tie up capital and would prefer to use it elsewhere (e.g., something with a better trend, strong volume, growth potential).
❌ When it is NOT worth selling now:
• If you treat it as a long-term investment and are willing to wait out the declines.
• If the project has some future (e.g., announced events, listings, development).
• If you do not need this cash now and are not afraid of temporary declines.
• Because a loss only becomes real at the moment of sale.
🧠 What can you do?
1. Set price alerts:
• Set a price alert for the coin you are trading – then you can make a decision if the price starts to recover.
2. Establish a capitulation threshold:
• Tell yourself honestly: “If it drops to 0.0007000, I’m out” – and stick to it.
3. Do “averaging down” only if:
• You have strong conviction in the project.
• You have available capital.
• The price has dropped much lower than your purchase price, e.g., -50% or more.
🧾 TL;DR:
• You are underwater by -40%, sit down and take two deep breaths. The loss is not yet tragic.
• There’s no point in selling “in panic” at this level if the project still has potential.
• But don’t hold on at all costs – have a backup plan.
Something like this 💪🏻
May God be with you!
@Binance Square Official #you #are #king on your own castle!
$XRP