How to get out of the trap?
1. Actively get out of the trap
1. If you buy the wrong one, especially if you buy a coin that has risen sharply after chasing high prices, you must be ruthless and cut your losses early to protect your wallet. There are many market opportunities, and the money is still there, so it is easy to turn around.
2. If the coin in your hand is not doing well and is still falling, then see which other coin is going to rise, and quickly change it to make up for the old loss with the new profit.
3. If you are deeply trapped and think it will fall again, sell part of it and buy it back when it is lower, so the cost will be lower.
2. Passively get out of the trap
1. If the purchase position is not high and you believe that the market will be good, add some money in several times, but don’t add too many times, the timing is very important.
2. If the whole warehouse is locked, there is no money to make up, and you are reluctant to cut it, then wait. As long as the money is your own, not borrowed, be patient, maybe one day you will get out of the trap.
Remember, being locked in is not the end of the world. Don’t act impulsively, keep a steady mind, and opportunities will always appear.
