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The market has been quite volatile recently, and I have already liquidated my position in MAVIA. After observing for a while, I feel that this direction is not very friendly in the short term. Instead of holding and waiting for a rebound, it's better to step back and observe.
The risks in the crypto market are inherently high, and managing your own positions well is the key. Everyone's risk tolerance is different, and trading decisions vary accordingly. I am just sharing my thoughts; when making investment decisions, everyone should consider their own situation.
I'm still holding on, watching the decline every day and feeling exhausted.
Let's wait and see if there's a chance to get back in. Anyway, there's no rush.
Wait, did you really come out to watch, or are you lurking in some altcoin again...
You're right, risk management is the key, but unfortunately most people are poor at managing their mindset.
This market is really toxic right now. Coins with no hope in the short term are better to hide from.
But I bet five bucks that after you finish clearing out, this coin will take off in minutes. Haha.
Position management is something very few people understand. Everyone just wants to go all-in and make a quick buck.