If you bought #TRUMP at $50–$70, you are likely facing significant losses, as the price has dropped to around $10.86. In such situations, panic selling often results in irreversible losses. Instead, a well-planned strategy can help you recover and potentially turn your losses into gains.
Example:
If you bought 100 TRUMP at $60, your total investment = $6,000.
If you now buy another 100 TRUMP at $10, your total investment = $7,000 for 200 TRUMP.
Your new average buy price = ($6,000 + $1,000) / 200 = $35.
Now, instead of needing TRUMP to return to $60 to break even, a price recovery to $35 would already put you in a no-loss position. If TRUMP rebounds even further, you start making profits faster.
2. Short-Term Trading & Scalping – Take Advantage of Market Fluctuations
If you have trading experience, you can use short-term trades to recover some losses by capitalizing on market volatility.
How to do it:
Identify key support and resistance levels.
Buy when TRUMP reaches a support zone (e.g., around $9.50).
Sell when it approaches resistance (e.g., around $12–$15).
Set stop-loss orders to minimize risks in case the price moves against you.
Even small, repeated gains of 5-10% per trade can quickly recover your losses.
Hedging with Futures – Protect Your Holdings (Advanced Traders Only)
If you are comfortable with derivatives trading, shorting #TRUMP on futures can help hedge your losses.
How it works:
Open a short position equivalent to your TRUMP holdings.
If TRUMP’s price drops further, the profits from the short position will offset your losses.
Close the short position when you believe the downtrend is ending.
However, futures trading is high-risk, especially with leverage. Use this strategy only if you understand how to manage margin and liquidation risks.#Write2Earn $TRUMP #coin