Today, UNI dropped nearly 14%. At its peak, I held 100,000 UNI tokens; overwhelmed by the decline, I switched everything to BTC. Later, I stopped out of BTC at $71,000. If you realize your trend analysis was wrong, cutting losses at any point is the right move—especially when your position is too large. Have the courage to admit your mistakes. Trend is king: despite all the upgrades UNI received this year, it still declined smoothly—crypto altcoins are showing us clearly: don’t hold onto any illusions.

Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.
