How to get out of a trap in currency trading: The recent market trend is too weird, and it is estimated that many old friends have been deeply affected. Now I will share with you some tips on how to get out of a trap, hoping to help you!

First: According to the position in hand:

1. If you are a coin friend with a shallow order, you can use the rebound market to get out of the trap, or reduce your position when the price is high.

2. If you are a coin friend with a deep order, you can make a partial position opening operation at a high price or make up for the position to lower the average price, so that you can take the psychological initiative before the market comes.

Second: According to the trend status of the purchased currency

1. If the purchased currency is in a downward trend, once the downward trend is confirmed and the trend has been formed, it is recommended to stop loss immediately, and you must not have illusions of gain and loss.

Because sometimes any hesitation and hesitation may lead to deep traps in the future, which will eventually make it difficult to extricate yourself.

2. If the purchased currency is in a balanced oscillation trend, you don’t have to stop loss immediately. Wait patiently for the currency to enter the high position of the oscillation cycle. Once the trap is untied or the loss is small, you should decisively leave the market.

3. If the currency you bought is in an upward trend, you don't need to stop loss. If you hold it patiently for a period of time, you will definitely get out of the trap and even have a greater chance of making a profit.

Lin Kun will share some dry goods with you from time to time. If you like Lin Kun, you can pay attention to him. From now on, you will get rich in the currency circle! #bybit被盗 #钱包安全 #币安上线KAITO #Hashdex获准在巴西推出XRPETF #山寨季來了？ $BTC $ETH $XRP