How to untie a losing position?

1. Active untie

1. If you bought the wrong coin, especially after chasing a high price, be ruthless and cut your losses early to protect your wallet. The market has many opportunities; as long as your money is still there, recovery will be easier.

2. If the coins in your hand are not performing and continue to drop, look for other coins that are going to rise, and quickly switch to those, using the new profits to cover old losses.

3. If you are deep in a losing position and believe it will continue to fall, sell a portion and wait to buy back at a lower price, which will lower your cost.

2. Passive untie

1. If you bought at a low position and believe the market will improve, consider adding a bit of money in several installments, but don’t add too many times; timing is crucial.

2. If all your funds are tied up and you have no money to add or are reluctant to cut losses, then just wait. As long as the money is yours and not borrowed, be patient; you never know when you might break even.

Remember, being in a losing position is not the end of the world. Avoid impulsive actions, maintain your mindset, and opportunities will always arise.