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TechFlow reports that a cryptocurrency investor successfully liquidated his holdings twice just before major market downturns. On September 2, he chose to exit the market despite a $105,000 unrealized loss, thereby avoiding over $730,000 in losses.
Recently, he again sold at $2,404 just before the price drop, saving nearly $427,000 compared to the low of $2,321. These two moves allowed him to avoid approximately $1.16 million in potential losses.
A cryptocurrency investor successfully liquidated his positions twice just before major market downturns. On September 2, he chose to exit the market despite a paper loss of $105,000, thereby avoiding over $730,000 in losses. Recently, he again sold at $2,404 prior to a sharp decline, saving nearly $427,000 compared to the low point of $2,321. These two moves allowed him to avoid approximately $1.16 million in potential losses.
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