Must Read for Unwinding!

First Method: Maintain Position

You can adopt a "hold and don’t sell" strategy. When your position is stuck, as long as you haven’t sold, you cannot definitively determine that you have incurred a loss.

However, this method requires you to have sufficient funds to withstand all risks and ensure that you can endure potential market fluctuations.

Second Method: Step-by-Step Operation

You can unwind by using the "stop-loss and then add positions" strategy. First, choose to stop-loss to conclude the current losing position, and then re-enter the market when the price rebounds to a suitable level.

This method can help alleviate or compensate for the losses from unwinding.

Third Method: Decisive Stop-Loss

Taking the approach of "selling everything", quickly stop-loss to conclude your holdings.

This method is suitable for short-term speculators, as the longer you hold during a continuous decline, the greater the potential losses. By selling decisively, you can avoid larger losses resulting from further price drops.#BTC