Cutting losses on a few positions—duck, Yapybaras, InfoFi are out. Decided to go short on $KAITO to hedge against what I've lost so far. Sometimes you gotta rotate out of the plays that aren't working and put the capital where it makes sense to. This move should help offset some of the drawdown.
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DefiPlaybook
· 01-15 21:58
Stop-loss on three items, then reverse to short KAITO to hedge losses... Based on on-chain data, the success rate of this type of rotation strategy is closely related to the timing of execution. It is worth noting whether KAITO's recent volatility is sufficient to cover the previous drawdown, which requires looking at specific numbers.
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probably_nothing_anon
· 01-15 21:52
Stop-loss triple, take profits when needed, there's nothing shameful about it. Reverse and short $KAITO to hedge a wave, now that's the move of a seasoned trader.
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wagmi_eventually
· 01-15 21:46
Set three stop-losses, then reverse and short KAITO for hedging. This move demonstrates risk management skills.
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NFT_Therapy
· 01-15 21:36
Cut losses and exit these bad projects, then turn around and short KAITO for a hedge—this is the right approach.
Cutting losses on a few positions—duck, Yapybaras, InfoFi are out. Decided to go short on $KAITO to hedge against what I've lost so far. Sometimes you gotta rotate out of the plays that aren't working and put the capital where it makes sense to. This move should help offset some of the drawdown.