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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
High-level Margin Replenishment operation: Using the remaining funds in hand to pull up the average price of orders and ensure the success rate of your own orders.
High-level Margin Replenishment operation method
In the case of profit in the coin, for example, if your average opening price is 3650 and the market data price has fallen to 3590, resulting in a loss of 60 points, it is in a state of holding a losing position. At this time, you also need to follow the upward trend. If the lowest point of each subsequent fall gradually increases after 2-3 pump trends, you can prepare for Margin Replenishment.
When waiting for a slight pump during the next pullback, open another order at 50% or 75% of the previous price. If it was 10 ETH before, Margin Replenishment should be at least 5 ETH or 7 ETH. This can lower your average price from 3650 to 3625-3620, increasing the success rate of the order and ensuring no fear of another major adjustment.
This high position Margin Replenishment is only suitable for those who have funds in hand that are at least 5 times the Margin of the order!!!
Note: After Margin Replenishment, your Liquidation price will increase, so be cautious when performing Margin Replenishment!!!