$BTC Yunlu's little secret to unlocking positions, how to unlock a heavy position? I have summarized the following points:
1. When the price comparison is at a high level, based on chart analysis, immediate stop-loss measures must be taken to avoid further losses.
2. If the price of Bitcoin is at a median level, one can temporarily wait and watch, flexibly adjust strategies based on market conditions to seek the best time to unlock or reduce losses.
3. For cryptocurrencies bought at a low level, there is no need to rush to stop-loss. After the price stabilizes after a drop, one can add positions at important support levels to lower the average cost. When the market rebounds, there is hope to rescue positions locked at high levels.
4. If the price of the cryptocurrency shows an upward trend, it is advisable to hold patiently and not rush to stop-loss. With the market rising, there is hope to unlock positions, and even gain considerable profit.
5. In a balanced oscillating trend, there is also no need to immediately stop-loss. One should patiently wait for the price to enter a high point in the oscillation cycle, and once unlocked or losses are minimized, one should decisively exit.
6. If the price is in a downward trend, once the trend is confirmed, one should immediately stop-loss to avoid excessive locking. Hesitation and doubt can lead to more serious losses and make it difficult to extricate oneself. Due to not understanding the specific locking points and position conditions.
I cannot understand everyone's locking points or position situations one by one.
If any friends need to unlock positions, feel free to contact me directly.