XRP short-term trading requires caution. In the current market environment, shorting XRP carries significant risk and is not an ideal choice. If you must hold a position, it is recommended to set a stop-loss at the key level of 2.044—this is a relatively reasonable exit point for profit. However, if the account is under significant pressure, rather than waiting, it is better to decisively accept losses. The biggest risk in trading is holding onto a position, turning small losses into larger ones. Establishing a solid risk management strategy is more important than blindly pursuing profits. The future of XRP still needs observation; when uncertainty is high, choosing to wait or partially reduce positions is often a more prudent approach.
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CoffeeNFTs
· 01-07 11:13
Shorting is really a trader's nightmare; I've seen too many people go from small losses to big losses by holding on.
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The 2.044 level is well discussed, but the key is still discipline.
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Instead of chasing XRP, it's better to set your stop-loss first.
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Waiting is also tough; feeling itchy haha.
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Risk management may sound old-fashioned, but it is truly a lifesaver.
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Avoiding shorting is a cautious decision; there are indeed many uncertainties right now.
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Reducing positions is better than being trapped; this principle is simple but not easy.
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When the account is under pressure, accept the loss and don't wait until dawn.
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This wave of XRP is looking risky; waiting for a better opportunity.
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HallucinationGrower
· 01-06 20:30
I had my eye on the 2.044 level a long time ago; the key is to have patience.
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FlippedSignal
· 01-04 21:02
A small loss turning into a bigger loss is truly a painful lesson. I've noted the point at 2.044.
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UnluckyMiner
· 01-04 21:00
Holding positions really is amazing, going back to the pre-liberation era with one move... I remember the 2.044 level, but I feel XRP still needs to wait a bit longer.
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BTCBeliefStation
· 01-04 20:48
Holding positions is really a terminal illness. I've seen so many people finally cut their losses because they couldn't bear to lose that little profit.
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MentalWealthHarvester
· 01-04 20:43
Holding positions is really a devil, the 2.044 level sounds reliable, but to be honest, most people can't stop their losses at all.
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I've seen too many cases where small losses turn into bigger losses. Risk management should always come first.
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Right now, XRP really needs to be watched. If you're unsure, better not move. Reducing your position is much more comfortable than stubbornly holding on.
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Admitting losses can sometimes be the most profitable move, feels painful, right?
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Waiting and watching is also a trading strategy. Don't let FOMO mess you up, it's not worth it.
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GasWastingMaximalist
· 01-04 20:35
2.044? Sounds plausible, but I still prefer to wait and see; this market trend feels a bit fake.
XRP short-term trading requires caution. In the current market environment, shorting XRP carries significant risk and is not an ideal choice. If you must hold a position, it is recommended to set a stop-loss at the key level of 2.044—this is a relatively reasonable exit point for profit. However, if the account is under significant pressure, rather than waiting, it is better to decisively accept losses. The biggest risk in trading is holding onto a position, turning small losses into larger ones. Establishing a solid risk management strategy is more important than blindly pursuing profits. The future of XRP still needs observation; when uncertainty is high, choosing to wait or partially reduce positions is often a more prudent approach.