The only means to avoid losses during possible drastic volatility is a proper risk management. Two main tools of one are deposit partitioning and limit orders. The first tool means always have some part of stablecoins from previous fixed profits to buy the next possible local dip. Limit orders are used not to miss attractive price levels to buy/sell. Current price levels for limit orders on $RBC:
I expect continuation of local downward wedge movement and possibility to catch the following price levels:
$0.028
$0.026
If limit orders are completed successfully on that price levels, attractive ones to fix some part of profit are:
$0.034
$0.038
Also, there is an attractive strategy to have some part of $RBC not locked in the limit orders for possible price spikes caused by bullish capital streams. Even if this part is humble, it may deliver sufficient profits, the recent $285% pump is an example.
#rbc #market