Define your max acceptable loss before entry (e.g., 30% drawdown). Set a mental or hard stop. Don't average down past the stop. Memecoins kill people who hold through 80% drawdowns hoping for a bounce.
Set a hard stop and stick to it.
Define your max acceptable loss before entry (e.g., 30% drawdown). Set a mental or hard stop. Don't average down past the stop. Memecoins kill people who hold through 80% drawdowns hoping for a bounce.
Run the play. Track the catalysts. Manage risk.
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