There are generally two ways to get out of a trap.

1. Active unwinding strategy

1. Cut positions

If you find that buying is a serious mistake, especially buying at the peak of the previous bull market, you need to have the determination to cut positions in time to ensure the safety of funds. There are many opportunities in the currency market. As long as the funds are not seriously damaged, you can always make it back.

2. Currency exchange

When the currency in your hand is trapped and in a weak position, and there is still room for decline, if you accurately judge that another currency has a large room for growth in the future market and a stronger trend, you can decisively exchange stocks and use the profits of the new currency to offset the losses of the old currency.

3. Short selling

When it is determined that you are deeply trapped and cannot cut positions, and the market or a certain currency has further room for decline in the future market, you can use short selling to sell the locked currency first and buy it back at a lower position to effectively reduce costs.

2. Passive unwinding strategy

1. Flattening

When the purchase price is not high or you are firmly optimistic about the future market, you can use the flattening technique. However, ordinary investors' funds can usually only withstand one or two flattenings, so the timing of flattening is crucial.

2. Lie flat

When you are deeply stuck with a full position and cannot sell or cover, you can only wait passively. As long as it is your own money, not borrowed or loaned, you have the patience to wait.

Do not be emotional and break the pot, blindly cover or easily sell. Being stuck is not terrible. Sometimes you can't make money if you are not stuck, but you may make a lot of money if you are stuck. Therefore, don't simply regard being stuck as a disaster. If you deal with it properly, it is entirely possible to turn it into an opportunity #BTC☀