Binance announced the Launchpool of $KITE earlier this morning. First of all, it involves staking $BNB , FDUSD, or USDT for a few days to accumulate rewards. The act of staking #bnb will likely create a price increase as demand will rise. Based on this analysis, I decided to take a Long position with a leverage of ×20 over 3 days. I would like your opinion regarding this position: should I place a stop-loss? a take profit?
In short, give your opinion whether you are experts or novices in trading.
