How to get out of a coin trading 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 cover your position to lower the average price, so that you can take the psychological initiative before the market comes.
2: According to the trend 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 of gain and loss.
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 trap is untied or the loss is small, you should decisively leave the market.
3. If the purchased currency is in an upward trend, there is no need to stop loss. Patiently hold it for a period of time, it will inevitably be untied and there will be a greater possibility of profit.
