Recently, the market's 'roller coaster行情' has really ramped up the excitement—rapid rises and falls followed by quick rebounds. I estimate that many people haven't even reacted yet and have accidentally gotten trapped, right?
At such times, panicking is the worst; losing your rhythm will only make you more passive. In fact, there are many ways to get untrapped, and you can flexibly adjust based on different situations. If you are currently troubled by this, I can share a few specific ideas for your reference:
- Be decisive with stop-losses: If you clearly feel that the trend has reversed and there is a lot of room for further decline, don’t hesitate; when it’s time to stop-loss, you must exit decisively. Otherwise, the deeper you get trapped, the harder it will be to turn things around.
- Supplementing positions requires skill: When the price drops to a temporary bottom and shows signs of rebound, you can supplement your positions in batches to gradually lower your holding costs. However, you must pay attention to controlling the rhythm and amount of funds used for supplementation; blindly adding positions will only make things worse.
- Doing T trades to lower costs has its tricks: You can take advantage of short-term price fluctuations by selling high and buying low, for example, selling part of your holdings when prices rise quickly, and then buying back when they fall. However, this tactic requires good market judgment and operational skills, so you must be extra cautious.
- Mindset is key to getting untrapped: After getting trapped, don’t panic; first, calm yourself down and objectively analyze the market situation. If the fundamentals of the assets you hold are solid and have long-term potential, it might be worth adopting a long-term investment mindset and patiently waiting for the market to warm up.
Finally, I must remind you that the cryptocurrency market is inherently volatile, and getting untrapped is never an overnight success; it requires strategic support and enough patience. Don’t let short-term fluctuations mislead your rhythm.
