this is reason why ppl suggest you for Stop 🛑 loss.

😭 $62K LOSS IN FUTURES!!

Facing a massive unrealized loss and potential liquidation, like in this situation, requires a calm and calculated approach.

Here are the best actions you can take:

1. Assess the Market
Review market conditions and trends. Is there a realistic chance for recovery within your liquidation threshold? Any FUDs for $BTC to dump near $85K?

2. Risk Management
If you’re unsure or uncomfortable with further losses, close the position immediately. Minimizing potential damage is sometimes the smartest move.

3. Consider DCA Carefully
Adding funds to dollar-cost average (DCA) might reduce your entry price, but this strategy only works if you’re confident the loss will recover. Be mindful that this increases your exposure and risk.

4. Set Clear Boundaries
If you choose to hold, establish firm exit points. Monitor price movements and volumes to act swiftly if the trend worsens.

5. Seek Expert Advice
Reach out to experienced traders or financial advisors who can guide you based on your specific circumstances.

6. Avoid Emotional Decisions
Decisions made out of panic can worsen losses. Stay rational, evaluate options, and focus on the long-term.



@Signalysis