𝐒𝐞𝐞𝐤𝐢𝐧𝐠 𝐄𝐱𝐩𝐞𝐫𝐭 𝐀𝐝𝐯𝐢𝐜𝐞: 𝐇𝐨𝐥𝐝 𝐨𝐫 𝐄𝐱𝐢𝐭?🔥🔥🔥
$GMT
Traders, I need your guidance! I entered a 10x long position on $GMT at $0.136, but the price has dropped to $0.131, and I’ve already incurred a small loss of $2 to $3. While some are suggesting leveraging up to 50-75x for potential gains, I’m hesitant about increasing my exposure in such a volatile situation.
💥💥💥Current Dilemma:
The market seems uncertain, and I’m unsure whether to hold on to my position or close it to limit further losses. With $GMT currently trading at $0.1353, it’s showing slight recovery signs, but the risk of further downside remains. Should I stick to my current strategy, or is it wiser to cut losses and reassess?
🌟🌟🌟Looking for Insights:
Experienced traders, I’d appreciate your perspective on this. Is it worth holding out for a rebound, or should I exit and avoid potential liquidation risks? Also, would increasing leverage in this scenario enhance gains or exacerbate losses? Your expert advice would be invaluable as I navigate this tricky position.
@GMT DAO
@Hadiqa Crypto Master
#GMTUSDT #USPPISoftens #BTCBackto100K #XRPHits3 #BinanceAlphaAlert