Methods for releasing positions, generally divided into two types.

1. Active Release Strategies

1. Cut Loss

If it is determined that buying was a serious mistake, especially when buying at the peak of a previous surge, one must have the determination to cut losses decisively and promptly to ensure capital safety. There are many opportunities in the cryptocurrency market; as long as capital does not suffer major losses, it can always be earned back.

2. Change Currency

When the current cryptocurrency is underperforming and has further downward potential, if one accurately judges that another cryptocurrency has significant upward potential and a stronger trend, one can decisively swap to the new cryptocurrency to offset losses from the old one.

3. Short Selling

When it is confirmed that one is deeply trapped and unable to cut losses, and if the overall market or a certain cryptocurrency has further downward potential, one can adopt a short selling strategy, selling the trapped cryptocurrency first, and then buying it back at a lower position, effectively reducing costs.

2. Passive Release Strategies

1. Averaging Down

If the buying price is not high or there is firm confidence in the future market, one can use the averaging down technique. However, ordinary investors can typically only withstand one or two rounds of averaging down, so the timing of averaging down is crucial.

2. Lying Flat

When deeply trapped with a full position, unable to cut losses or add to the position, one can only wait passively. As long as it is one's own money, not borrowed or loaned, there is patience to wait.

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