1️⃣ First — Figure Out Your Current Position
Check your entry price (the price you bought $ETH
# at).
Check the current market price.
Note your loss or profit in % and $ — not just the number of coins.
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2️⃣ Understand the Risk
Crypto is volatile — prices can swing 5–10% in hours.
Never invest money you can’t afford to lose.
Your friend not replying is a red flag — never follow signals blindly again.
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3️⃣ Decide Based on Your Situation
If you can afford to hold: ETH is a strong long-term asset, historically recovers over months/years.
If you cannot afford risk: Consider closing the trade and learning before re-entering.
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4️⃣ Protect Yourself
Set a stop loss (for example, 5–10% below your entry) to avoid huge losses.
Never trade without knowing why you are entering.
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5️⃣ Learn Before You Trade Again
Practice with a demo account.
Learn about support/resistance, stop loss, risk management.
Don’t rely on friends or “signals” — 90% of them are gambling.