Today we are going to talk about warehouse switching

The following position changes only discuss non-USDT situations in the secondary market.

Why change warehouse?

Because in addition to following the rise and fall of the overall market, each currency will also have its own independent fluctuations based on news and fundamentals. Making good use of these independent fluctuations can help you seek benefits and avoid harm, increase returns and reduce losses.

for example,

You have half of your position in token A, which has not performed well recently, so you switch to token B. B goes up and A goes down, and you feel good.

This was a very simple and successful position change.

What is the ideal state?

The coin you bought with all your money goes up in price. You switch to the next one, and it goes up again. You switch to the next one, and it goes up again. No matter how you switch, it goes up. If the market doubles, you can make ten or a hundred times more money.

This is the legendary doubling.

Just think about it and you will know how difficult it is.

In fact, everyone is very concerned about changing positions, and has suffered huge losses.

The embarrassing situation of changing warehouses

For example, the following two scenarios:

1. Random changes in rising cycles

When is the most frequent position change? It must be when a large amount of coins are flying around.

Look at that coin, it has doubled, why is it that I only have 10%! How about changing it to a sector coin that may be linked?

After you switch, you find that it still doesn't go up, while others go up, so you switch again. As you keep switching, you start to chase those coins that have been pulling up the price, and chase those that you don't understand. As you chase, you find that the coin you gave up at the beginning has skyrocketed, and all your efforts are in vain!

Such a familiar scene and such skillful operation are the true portrayal of most people. What problem does it reflect?

In a bull market, there is never a lack of desire to change positions. It is easy for everyone to disrupt their trading plans and lose hold of their valuable coins.

It’s better not to change!

2. Playing dead

On the contrary, when the market is cold and the prices are falling sharply, before you have time to stop loss, your assets have been cut in half. What will be your decision at this time?

"It's already like this, don't look at it, just leave it there and wait for the price to go back up."

Right, it’s too common, isn’t it?

Regardless of whether it can go back up, I want to ask you, will you choose to change your position at this time? Even if you bought so many random coins when it was rising? Even if you know in your heart that most of them are powerless to turn the tide? Probably not, after all, facing the bleakness of assets is so heartbreaking.

I want to say, it's a pity that you lost a good opportunity to clean yourself up and restart. The time when you really should change your position is when you are trapped in a big drop!

(The most realistic thing is that you are stuck with a full position. If you don’t change your position, you don’t have the money to buy at the bottom. It’s painful, right?

That’s right, my dears)

Change positions when the market crashes

Why do you change your positions only after a sharp drop? It's very simple, because at this time you need to heal the pain caused by the bull market. It will be very difficult to wait for a lot of messy coins to rise again.

And only after a round of currency plunge can you realize the value of each currency based on the decline of each currency.

Some small losers may almost drop to zero, while the hot leaders may rebound immediately.

Licking wounds hurts, but it works, very well.

Let’s start thinking with Sister Yue~

Assuming the bull market is still

The choice we face is to rethink which assets have stronger rebound strength, are of higher quality, you like more, are more familiar with, and then firmly switch to them.

For example, during this round of big drop, you had previously bought a new meme that Gate was not familiar with, and it dropped by 70%. It hurts, but then you look at the wif that you have always been interested in, and it hasn’t dropped much. Why don’t you sell the little chicken and switch to wif?

You may think that this exchange is equivalent to a loss confirmation, right? What if Xiaolaji rebounds strongly and becomes a golden dog? What if wif doesn't fall much, and won't rise much? You know, I lost 70%, and only 30% of my assets are left. I need to increase 330% to get my money back. Can wif increase so much? It's better to hold Xiaolaji and wait for it to turn around.

But is it really so?

First of all, the world is wide when chasing dragons. Reality has repeatedly whipped us and told us that the leader’s increase is really exaggerated. Which of the recent leading charges has not been without hot memes? High-consensus currencies that can enter the public’s field of vision are already enough to make money comfortably.

Then, do you think it is more comfortable to hold a small hot chicken that makes people worry about the ups and downs, or to hold a strong hot leader? The advantage of value coins is that they can always rise again after falling. The stability of mentality brought by this certainty is very important, which helps you to steadily defend the cost and lock in profits, but can small hot chickens do it? If you encounter a situation where the decline of value coins and small hot chickens is similar, you must decisively change your positions. How can you miss those trains that you want to get on but can't get on?

Finally, according to the basic principles of position management, try to start with currencies with high certainty and then slowly extend to currencies with high risk and great potential based on your strength.

Besides, there are still advantages and disadvantages in the same level of coins. You can even exchange coins with smaller declines for coins with larger declines to try to rebound. My view is that it is more appropriate to exchange positions during the cool-down period of the plunge.

Maybe, I mean maybe, the truly rational and reasonable position change can only be done after a sharp drop and a temporary small correction cannot help but make up for the loss. When the tide recedes, the real value depression will be revealed. A blessing in disguise.

Changing positions is just another way of bottom fishing. People with courage will not sit and wait for death.

How to change?

1. After the big drop, the general desire of coin friends is to ask which one to buy at the bottom?

It just so happens that rapid investment research has become possible. Hurry up and do some research, otherwise the price will rise~ (So, investment research must be stimulated again and again!)

2. Redo position management

After a big drop, isn't it a new beginning? Re-manage your positions, forget about past failures, reset all costs, no need to recover, I will try to do better next time (this is too anti-human, it requires too much courage)

3. Dare to clear all the small chicken coins

If your small investment has zero cost, you can hold it, because it does not take up energy. If it loses money, it is recommended to sell it. One asset is one attention. It is difficult for one person to manage so many assets. It is like a teacher teaching five students and fifty students. The difference is huge.

It's right for you to work hard to get an account, but if you invest too much, you won't be able to play it well.

The specific details of position changes depend on your personal operations. I hope this article can bring you hope. Even if you are fully invested in chasing high prices and are trapped, you are still surrounded by infinite possibilities and bathed in the light of rationality.

This article ends here. If you think it is helpful, please pay attention to it~