Yesterday, I explained to you how to operate after being trapped by combining BTC and ETH! ! Now let me tell you about covering the position!
Covering the position is an operation we often encounter. It is normal to be trapped, and how to get out of the trap is the key. So, how should we cover the position? The best answer is?
Don't cover the position!
Many people must have been confused at once-isn't the question asking how to cover the position? You said don't cover, are you kidding me?
That's right, don't cover the position, we have to go against human nature.
If you find that you are trapped by a coin, even if you have money, don't cover the position, because if the trap is shallow, there is no need to cover the position.
What if it is deeply trapped, what should I do?
A coin is trapped so deeply, which means that you have a shallow fate with this coin and there is no need to cover the position. In some cases, you just can't make money in this coin, so you just admit it. There is no need to argue, and you have to fight this coin to the end. Hundreds of thousands or millions of them are all covered in a coin. This is the operation of leeks.
What is the correct approach?
Find the sector to which this coin belongs, and buy the strongest leader in this sector. Avoid the coin that you have little affinity with. If the trumpet is useless, it's useless. We will open a new account to continue practicing!
Don't invest all your efforts in children who have no future. Learn to diversify risks so that you can retire in the future.
If this coin is the leader, you can change a sector to buy the leader of another sector. If it doesn't work, buy the second leader of this sector.
In principle, don't cover the same coin, never cover it shallowly (cover it if it doesn't fall much, it's meaningless to cover it if the cost can't be pulled apart), and never cover it multiple times (in case you can't help but cover it once and it doesn't perform well, then you must not cover the same coin multiple times). There is a saying that it hurts to cut meat but it is not fatal! If you lose some coins, just walk away! Just get it back with the next one! ! Don't be stubborn and cover the same coin all the time! This is very irrational!
The investment market is ever-changing and flexible. We must abandon the die-hard tactics and be flexible. Don't hang on the same tree repeatedly. If you like to cover your position and you encounter FIL ICP WLD, no matter how many U you have, it is not enough to cover it!!