XRP long liquidated at 3.2640 — pause and reassess
I had a long on XRP that was liquidated. My average entry was 3.2640 with a total exposure of $137,268.
All positions were managed by bots (@bpay_group), and the liquidation highlights high short-term volatility and the dangers of leveraged automated strategies. I'll pause and reassess risk controls before re-entering.
Analysis
Recommendation
Do not buy into the drop. Reduce leverage, tighten risk controls, and wait for clear support or a lower-risk reentry signal before allocating significant capital.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.