Thanks to my risk management strategy, I am able to keep long term leveraged positions without incurring losses to my equity. Floating PnL can be managed.
Like Warren Buffett said, "never lose money."
I believe $XRP is going to Moon. however, due to market uncertainty, it naturally is volatile. That is why I HEDGE MY RISK!
I can go all in on it, but that would mean all my money is dependent on a single price level. Which is not all bad, considering I have my risk managed. But my goal is to increase my position as much as possible through the gift of leverage.
Once the price goes back to my original entry position, it won't be break-even. I'll end up with more equity than i begin with without having to deposit more.
In case the market goes down, I'll gain more capital. In case it completely moons, I would be in a favorable situation.
Stay sharp and hedge your risks💯