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This ZEC order still needs further analysis.
My operation was opening a position at 473, adding more at 530 during sideways movement, and then adding a little more after the second rebound to 530, with an average price of 505, following the standard three-position method.
Different actions are taken based on different average prices.
One is the aggressive approach, already heavily invested at 473. Now it has fallen back to 475, which is almost a break-even point. It’s a bit unfortunate. If I hadn’t left room for adding positions, I might have missed out a bit. But this asset will likely fall further, so patience and holding is the way.
The other approach is to add at 530 and then enter a better position at a higher price. After falling below 500, you can consider switching to a break-even or stop-loss strategy, or moving the stop-loss. In any case, ensure that this order does not result in a loss for beginners.
For advanced traders wanting to amplify gains, they can do swing trading, operating freely according to their ability. However, swing trading might also cause you to lose your original position. For long-term holding, patience remains the main principle.