What should novice retail investors do in the face of the collapse of the copycat market caused by the BTC and ETH wash?

1. If the whole position is trapped, you can just lie flat. Don't think about adding leverage to get it back. If you add leverage, what may be waiting for you is a pin, a liquidation, and a return to zero.

2. If you are short, you can now choose your favorite coin to buy the bottom, DOGE SOL ETH BTC XRP, etc. You can enter in layers. Don't go all in, and don't think about buying the bottom at the lowest position. This is too difficult!

3. If your money is useful and you are very nervous, because the recent market has fallen at night, then you can do intraday orders, don't stay overnight, and keep U when you stay overnight. This way there will be no excessive pressure!

4. If you like to play contracts, I suggest doing ultra-short-term, not long-term, it is easy to be buried. Go long or short, remember to bring stop loss and stop profit. Be careful of pin-spike contracts! !