Don't panic when stuck, here are four tricks to help you get out:
First trick: Cut losses
If you bought at a high price and the market suddenly turns down, decisively cut your losses to protect your core assets. As long as the market remains, there will always be a chance to recover.
Second trick: Hedge
If you are deeply stuck and find it hard to sell, and the market is still in a down (or up) trend, you can open a reverse position first. Wait until it drops to a lower (or rises to a higher) position, and take the opportunity or news stimulus to sell the profitable part, then wait for a chance to break even (this is a last resort).
Third trick: Intra-day T+0
Applicable in a volatile market. Make short trades around your holdings, selling high and buying low, to dilute costs through short-term profits. (Requires sufficient monitoring time and solid skills, do not attempt lightly)
Fourth trick: Add positions
Applicable in the late stage of a one-sided market, when the index is fluctuating or consolidating at a low level (the scale of adding positions must be within your capacity).
Core: Be sure to confirm the bottom before acting, avoid rushing to make up losses blindly, to prevent getting stuck deeper. $BTC #比特币流动性危机 #特朗普加密新政