๐ฅ๐๐๐๐๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐๐ฑ๐ข๐ญ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐๐ฌ: ๐๐ฎ๐ซ๐ง๐ข๐ง๐ ๐๐จ๐ฌ๐ฌ๐๐ฌ ๐ข๐ง๐ญ๐จ ๐๐ซ๐จ๐๐ข๐ญ๐ฌ๐ฅ๐ฅ
A well-planned exit strategy can turn a losing trade into a profitable one with smart risk management. Suppose you invest $1,000 in coin ABC at $10 per token, acquiring 100 ABC. If the price drops to $2, instead of panic selling, you strategically buy the dip by investing another $1,000, securing 500 more ABC. This lowers your average purchase price to $3.33 per coin. Now, when ABC rebounds to $4, selling your 600 tokens would yield $2,400โa $400 profit despite the initial drop. The key here is strategic accumulation and patience, as lowering the average price increases the probability of profitable exits. However, risk management is crucial, and traders should always conduct thorough research before making decisions. Smart traders donโt panicโthey strategize!
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