Who hasn't been trapped in the cryptocurrency circle? But the key is how to get out of it! I have two practical strategies here to share with you.
The first one is to respond flexibly based on the depth of your holdings. For example, if you are only in a shallow position, you can quickly reduce your holdings by half during the rebound to lock in some profits. If you are in a deep position, you can cover your position in batches to spread the cost. Once the market comes, you will be untied soon, provided that you buy mainstream coins.
The second one is to look at the direction trend, and when it is confirmed that it is a downward trend, you can decisively stop the loss when you are trapped to avoid greater losses. When the market is oscillating, you can wait for the oscillation to the high point, and then sell it to make a small profit.
Of course, you can also stick to it. The premise is mainstream coins.
Before buying, consider whether you are doing short-term or long-term. If you make a wrong judgment on the direction of short-term, you will lose directly. Don't be trapped in the long line!
