A guide to cryptocurrency trading relief strategies!
I. Respond flexibly based on personal holdings
1. Investors with shallow lock-ups: In the face of market fluctuations, they can seize the opportunity to use short-term rebound market conditions to carry out relief operations, or reduce their positions at high points to reduce risks.
2. Investors with deep lock-ups: It is recommended to adopt a more positive strategy, such as increasing positions or making up positions at high prices to average costs, so that when the market reverses, the relief point can be reached faster, and the psychological advantage can be enhanced.
II. Implement precise measures based on the trend of the currency held
1. Currency in a downward trend: Once it is confirmed that the downward trend has been established, decisive stop loss is the key. Avoid indecision, so as not to further expand losses and fall into a deeper predicament.
2. Currency in a fluctuating trend: At this time, it is not advisable to stop loss in a hurry, but to wait patiently for the market to enter the high point of the fluctuation cycle. Once the relief point is reached or the loss is controllable, it should be quickly exited to avoid being trapped for a long time.
3. Currency in an upward trend: For currencies held in an upward channel, patient holding is the best choice. As the market trend continues, the opportunity to relieve the lock-up and make profits will increase greatly, and even unexpected收益 may be brought.
In summary, cryptocurrency trading relief needs to be judged in combination with personal holdings and market trends, and flexible strategies should be adopted. At the same time, maintaining a calm and rational analysis and avoiding emotional decision-making is the key to successful relief. $BTC $ETH #DOGE看涨情绪飙升 #山寨季将至? #美联储利率决议来袭 #Avalanche回购AVAX代币 #贝莱德比特币ETF交易量创纪录