$BNX currently down 23% from yesterday - now I am down 50%, thanks to x3 leverage for not being down 10,000, but compared to previous days it's not that scary, I had -120, but still did not close the position. Why I didn’t close then, I don’t close now and will wait for green numbers instead of red, it’s very simple - if it were coin
$XRP , I would definitely think about closing the position at a loss, as waiting for a reversal would take a very long time (in the best case) or never.
#XRP like other fundamentals, supported by technology, a constant volume of news, and an interested audience. Please forgive me for the amateurish, non-analytical comparison - but in the current picture, if you compare xrp and bnx, then xrp is like a closed club of elites, where in this same club are bitcoin, eth, sol, xlm, and other technological coins that are secured by reliable opinions of people.
As for
#BNX , in the statistics of coin growth, one can see an incomprehensible zoo of cows, hamsters, and other dubious coins that grow against the crowd, against top coins, remember the infamous
$USUAL , when on December 16 it grew contrary to btc dominance and market decline, how that ended :)