Trading operation ideas are very important. This time we will talk about changing positions.

Why change warehouse?
Because each currency type, in addition to following the rise and fall of the market, will also have its own independent fluctuations based on news and fundamentals. Making good use of these independent fluctuations can help you seek benefits and avoid harm, increase returns and reduce losses. For example, if you have half of your position in token A, which has not performed well recently, you switch to token B. B rises and A falls. You feel good about this. This is a very simple successful position change. What is the ideal state? The coin you bought with your full position rises. You switch to the next one, and it rises again. You switch to the next one, and it rises again. No matter how you switch, it rises. If the market doubles, you earn ten or a hundred times. This is the legendary doubling. Just think about it and you will know how difficult it is. In fact, everyone is entangled in changing positions, and the losses they have suffered are even greater.

The embarrassing situation of changing warehouses
For example, the following two scenarios
1. Random changes during the rising cycle. When is the most frequent position change? It must be when a large number of coins are flying around. Look at that coin, it has doubled, why is it only 10% in my hand! How about changing to a sector coin that may be linked? After you change it, you find that it still doesn’t rise, and others rise again. You change again, and you start to chase those who have been pulling the market, chasing those you don’t understand. After chasing, you find that the coin you gave up at the beginning has skyrocketed, and it’s all in vain! Such a familiar scene, such a skilled operation, is the true portrayal of most people. What problem does it reflect?

In a bull market, there is always a desire to change positions. It is easy for everyone to disrupt their trading plans. If they cannot hold their valuable coins for exchange, it is better not to exchange them.

2. Playing dead On the contrary, when the market is cold and the market is falling sharply, you haven't had time to stop loss, and your assets have been cut in half. What is your decision at this time? "Anyway, it's already like this, don't look at it, just leave it there and wait for it to rise back." Right, it's too common, isn't it? Regardless of whether it can rise back or not, I want to ask you, at this time, will you choose to change your position? Even if you bought so many messy coins when it was rising? Even if you know in your heart that most of them are powerless to turn the tide? Probably not, after all, facing the bleakness of assets is so heartbreaking. I want to say, it's a pity that you lost a good opportunity to clean up and restart yourself. The time when you really should change your position is when you are stuck in a big drop!
(The most realistic thing is that you are stuck with a full position. If you don’t change positions, you don’t have the money to buy at the bottom. It’s hard, right?)

Plunge and switch positions
Why do you change positions only after a sharp drop? It's very simple, because at this time you need to heal the pain of the bull market. You have a lot of messy coins in your hands. How hard it is to wait for them to rise again. And only after a round of currency plummets, you can understand their respective values ​​based on the decline of each currency. Some small chickens are almost zero, and the hot leaders may rebound immediately to lick their wounds. It hurts, but it works, very useful

Assuming the bull market is still
The choice we face is to rethink which assets have stronger rebound, better quality, you like more, and are more familiar with, and then resolutely switch to them.
For example, during this round of big drop, you bought a new meme that Gate was not familiar with, and it fell by 70%. It hurts, but you look at wif that you have always been interested in, and it has not fallen much. Why don’t you sell Xiaolaji and exchange it for wif? You may think that this exchange is equivalent to a loss. What if Xiaolaji rebounds strongly and becomes a golden dog? What if wif has not fallen much, and will not rise much? You know, I lost 70%, and only 30% of my assets are left. I need to rise by 330% to get my money back. Can wif rise so much? It is better to hold Xiaolaji and wait for it to turn around.

But is it really so?
First of all, the world is wide for chasing dragons. Reality has whipped us again and again, telling us that the leader’s increase is really exaggerated. Every time it takes the lead in the recent charge, which one can be without hot memes? High-consensus currencies that can enter the public’s field of vision are already enough to make money comfortably.
Then, do you think it is more comfortable to hold a worrying little chicken that goes up and down, or to hold a strong hot leader? The advantage of value coins is that they can always rise again after falling. The stability of mentality brought by this certainty is very important, helping you to steadily defend costs and lock in profits, but can little chickens do that? If you encounter a situation where the value coin and little chicken fall by a similar amount, you must decisively change your position. How can you miss those trains that you want to get on but can't get on?

Finally, follow the basic principles of position management and try to start with currencies with high certainty and then slowly extend to currencies with high risk and high potential based on your strength. Currencies of the same level still have their advantages and disadvantages. You can even exchange currencies with smaller declines for currencies with larger declines to try for some room for a rebound.

My view is that it would be more appropriate to change positions if it occurs during the cool-down period after a sharp drop.
Maybe, I mean maybe, the truly rational and reasonable position change can only be made after a sharp drop in prices. A temporary small correction cannot help but make up for the loss. When the tide recedes, the real value depression will be revealed. A blessing in disguise.
Changing positions is just another way of bottom fishing. People with courage will not sit and wait for death.

How to change?
1. After the big drop, the general desire of coin friends is to ask which one to buy at the bottom? It just so happens that rapid investment research has become possible. Hurry up and do some research. Otherwise, if the price goes up, of course you can also stand on the shoulders of giants and listen to what powerful bloggers recommend. Are the logical reasons valid? Then decide whether to buy according to your own situation.

2. Re-manage your position management. After the big drop, isn’t it a new beginning? Re-manage your position management, forget the past failures, reset all costs, no need to recover, and strive to do better next time (this is too anti-human and requires too much courage)

3. Dare to clear all the small chicken coins. If your small chicken coins are all zero-cost, it’s okay to hold them, because they don’t take up energy. If you lose money, it is recommended to clear them. One asset is one attention. It is difficult for one person to manage so many assets. It’s like a teacher teaching five students and fifty students. The difference is huge. You are right to work hard to get on the account, but if you invest too much, you can’t play it even if you work hard.

The specific details of the swap depend on your personal operation. I hope this article can bring you hope and inspiration.