12.17 Black Brother's Experience Sharing
First: Based on the current holding situation
1. If you are a friend who is slightly underwater, you can use the rebound market to break even or reduce your position at a high point.
2. If you are a friend who is deeply underwater, you can partially build a position at a high point or average down your cost, so that you can take psychological initiative before the market arrives.
Second: Based on the trend status of the bought coin
1. If the coin you bought is in a downtrend, once the downtrend is confirmed and the trend has formed, it is recommended to cut losses immediately; you must not have wishful thinking. Sometimes any hesitation can lead to deep losses, making it difficult to extricate oneself.
2. If the coin you bought is in a balanced oscillation trend, there is no need to cut losses immediately; patiently wait for the coin to enter the high point of the oscillation cycle. Once it breaks even or the loss is very small, you should decisively exit.
3. If the coin you bought is in an uptrend, there is no need to cut losses; hold on patiently for a while, and it will inevitably break even, with a possibility of significant profit.
Follow Black Brother for guidance in the turbulent sea of coins
