Promotions can lead to sharp rallies followed by deep drawdowns. Here’s how to protect your capital:
Risk Management Tips:
Trailing Stops: Use trailing stops to lock in profits as BABY rallies.
Dollar-Cost Averaging: Enter positions in stages to reduce average cost.
Sentiment Indicators: Monitor social volume (e.g., on Twitter) for signs of overhype.
Promotion Insight: Claim the airdrop early to hedge against potential drawdowns post-promotion.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.