Reference on the method of unwinding
1: According to the position in hand
1. If you are a coin friend with shallow order, you can use the rebound market to unwind, or reduce your position when the price is high.
2. If you are a coin friend with deep order, you can make a partial position operation at high or cover the position to lower the average price, so that you can take the psychological initiative before the market comes.
2: According to the trend status of the purchased currency
1. If the purchased currency is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop loss immediately, and you must not have illusions of gain and loss.
Hesitation and hesitation may cause deep traps in the future, which will eventually make it difficult to extricate yourself.
2. If the purchased currency is in a balanced oscillation trend, you don’t have to stop loss immediately. Wait patiently for the currency to enter the high position of the oscillation cycle. Once the coin is unwinded or the loss is small, you should decisively leave the market.
3. If the currency you bought is on an upward trend, there is no need to stop loss. Just hold it patiently for a period of time, and you will definitely be able to get out of the predicament and even have the possibility of making a greater profit.