For the solution strategy, Uncle thinks it's actually quite simple. The key lies in observing positions, trends, and future market expectations.
Xiao Zhi has compiled several common methods for resolving positions: (recommended to bookmark ➕ follow)
1. Quick Cuts:
If the coins in hand keep falling with no signs of reversal, the best method is to cut losses and exit. Preserve the green mountains, and don't worry about no firewood to burn; don't get trapped deeper.
2. Sell High, Buy Low:
If the market is volatile with coin prices fluctuating, you can take advantage of rebounds to reduce positions at highs and buy back at lows to lower your costs.
3. Averaging Down:
When the trend is still moving upwards, a drop can actually present an opportunity. You can increase your position to lower your cost and wait for a rebound to sell.
4. Hedging with Short Selling:
If you are already deeply trapped and there is potential for further declines, you can short in the futures market to earn back some to hedge against losses.
The key is to think clearly, don't let emotions lead you, set proper profit-taking and stop-loss levels, don't be greedy, and don't be indecisive. The crypto world is like this; sometimes not taking action is better than taking reckless actions.
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#Tether否认调查和制裁 #解套 #年底牛还熊?