$SOL people trading cryptocurrencies, who hasn’t experienced being trapped? Some panic and can’t sleep all night after being trapped by 10 points, while others find themselves deeper in the trap as they keep adding to their positions, and eventually just 'lie flat' waiting to break free — but the truth is: being trapped is not scary, using the wrong strategy to break free is what can be fatal. Today, we will break down 3 'dynamic strategies for breaking free from being trapped'. No matter if you are trapped by 20 points or 50 points, as long as you use the right timing, there’s a high probability of turning passive into active.
1. Look at the 'weight' of your position: Don’t let a small trap turn into a deep trap
Many people, after being trapped, only ask 'Should I cut my losses?', but overlook that 'how much is the position' is the key. Even if you are trapped by 20 points, the solutions for light and heavy positions are worlds apart.