Uncle believes that the idea of breaking free from losses is actually quite simple, the key lies in observing positions, trends, and future expectations.

Xiao Zhi has summarized several common methods for breaking free from losses: (suggest to bookmark ➕ follow)

1. Quick resolution:

If the coins in hand keep falling with no signs of reversal, the best method is to cut losses and exit, preserving resources for future opportunities, rather than getting trapped deeper.

2. High sell, low buy:

If the market is volatile, with prices fluctuating, this is the time to use the opportunity of rebounds to reduce positions at highs and then buy back at lows to lower costs.

3. Averaging down:

When the trend is still moving upwards, a drop can actually be an opportunity to increase positions and lower costs, waiting for a rebound to take action.

4. Short hedging:

If already deeply trapped and there may be further declines, one can go to the futures market to short, earning some back to hedge losses.

The key is to keep a clear mind, not to be led by emotions, set proper profit and loss limits, avoid greed, and also avoid indecision. The crypto world is like this; sometimes not acting is better than acting irrationally.

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