Confident in the potential of this project, I still hold my position. A rough calculation: if the price continues to be pressured and drops to 0.01, this position will have an unrealized loss of about $8,000. But conversely, if it can break through back to 0.1, I can lock in a profit of $20,000. Calculating this way, the risk-reward ratio is roughly 2.5 to 1 — which is worth it considering my risk tolerance. More importantly, even if it really drops to the worst-case scenario of 0.01, I am prepared to continue building the position in batches to lower the average cost. Considering all these factors, I’ve decided to hold onto this order and continue waiting for a rebound opportunity.
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GweiTooHigh
· 5h ago
Wow, I need to calculate this profit and loss ratio... 2.5:1 can indeed be effective, but the premise is that I can actually reach 0.1, which is the key.
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NFTFreezer
· 5h ago
Yeah, I think so too. The 2.5 to 1 ratio definitely makes for a solid game.
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rekt_but_vibing
· 5h ago
Unrealized loss of 8k, a rebound that doubles the dream... Bro, your mindset is really steady.
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BtcDailyResearcher
· 5h ago
0.01 really dares to copy? I think this mindset is okay, but you have to withstand the psychological torment.
Confident in the potential of this project, I still hold my position. A rough calculation: if the price continues to be pressured and drops to 0.01, this position will have an unrealized loss of about $8,000. But conversely, if it can break through back to 0.1, I can lock in a profit of $20,000. Calculating this way, the risk-reward ratio is roughly 2.5 to 1 — which is worth it considering my risk tolerance. More importantly, even if it really drops to the worst-case scenario of 0.01, I am prepared to continue building the position in batches to lower the average cost. Considering all these factors, I’ve decided to hold onto this order and continue waiting for a rebound opportunity.