The issue of traders potentially losing large amounts of capital that everyone encounters

Regarding breaking even, how to operate is also very important

The following is a sharing of Tianya's years of experience in breaking even:

Firstly, cut losses and stop loss.

If it is found that buying was a huge mistake, especially at the peak of a prior surge, one must have the courage to cut losses decisively, quickly exiting the position to ensure capital safety. Opportunities abound in the market; as long as capital is not lost, one can eventually profit again.

Secondly, currency exchange operations.

If the currency held is trapped and the trend is weak, with further downside potential, but one can accurately predict that another currency has significant upside potential and a stronger trend, then one can decisively exchange currencies to use profits from the new currency to offset losses from the old currency.

Thirdly, short-selling strategy.

When it is determined that one is deeply trapped and cannot cut losses, and the market or a particular currency has further room for a large decline, one can use short-selling methods, selling the trapped currency first and buying back at a lower price, effectively reducing costs.

Furthermore, averaging down.

When the purchase price is not high or there is strong confidence in the future market, one can use averaging down techniques. However, ordinary investors usually can only afford to average down once or twice, so the timing for averaging down is extremely critical.

Also, lying flat and waiting.

When fully trapped and unable to cut losses or add to positions, one can only wait helplessly. As long as it is one's own funds and not borrowed or lent, one must have the patience to wait.

Never act emotionally, give up on oneself, blindly add to positions, or randomly cut losses. Being trapped is not terrifying; sometimes not being trapped means not making a profit, and being trapped might even lead to a large gain.

Therefore, do not simply view being trapped as a disaster; if handled properly, it can completely turn into an opportunity. #你问我答 #比特币盘整分析