What should I do if I am trapped? Here are some ways to get out of the trap!
1. According to the position you hold
1. If you are a coin friend with a shallow order, you can use the rebound market to get out of the trap, or reduce your position when the price is high.
2. If you are a coin friend with a deep order, you can make a partial position opening operation at a high price or make up for the position to lower the average price, so that you can take the psychological initiative before the market comes.
2. According to the trend status of the purchased currency
1. If the purchased currency is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop loss immediately, and you must not have illusions about gains and losses. Hesitation and hesitation may cause deep traps in the future, which will eventually make it difficult to extricate yourself.
2. If the purchased currency is in a balanced oscillation trend, you don’t have to stop loss immediately. Wait patiently for the currency to enter the high position of the oscillation cycle. Once the coin is untied or the loss is small, you should decisively leave the market.
3. If the currency you bought is in an upward trend, you don't need to stop loss. Hold it patiently for a period of time, and you will definitely get out of the trap and even have a greater chance of profit.
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