How to get out of the trap

After the two days of BTC's stretching breakthrough, many people have recently added me for private chats. Most of them are in a serious stage of being trapped in the spot market and futures market, seeking ways to stop bleeding or recover their investment, but there are also many problems in the communication process. Today I have listed some relatively common questions and answered them here. The following does not talk about profits or trends

What to do with the current currency on hand:

Those who are shallowly trapped: Don't expect the market to rebound, sell it quickly. The reason for many deep traps is that they expect the market to turn around slightly before taking action, but the trap gets deeper and deeper and they can't move. There is a saying that goes well, extravagant expectations often create despair.

Those who are deeply trapped: If you are deeply trapped, in this situation where the long and short positions are unclear, don't waste more funds to seek to cushion the warehouse and lower the average price, because your idea has been adopted by countless people in the process of the market falling from 123,000, but they are not living comfortably now. The so-called market does not tell the bottom, and you are definitely not the last person to guess the bottom. If you have a mainstream currency, seal it up and don't look at it for the time being.

How to get out of the trap:

1. Users with extra reserve funds: For example, if you have invested 500,000 RMB in the spot market and one-third of the funds in the contract trading market, you can use this bear market to hedge the current spot position losses. While hedging, the total number of contract currencies held is greater than the total number of existing spot currencies, so that the funds can be increased while the hedging stops the losses. In the contract market, you can also go long to meet the situation of spot return and contract profit.

2. Users without extra fund reserves: If you want to get your money back quickly, you need to sell all the spot you have now and generate funds to have room for operation. You can also choose to wait passively, but I hope your mentality is good enough#币圈 #区块链 $BTC