In the cryptocurrency world, who hasn't been trapped at some point? But the key is, how to get out! I have two sets of practical strategies to share with everyone.

The first set: respond flexibly based on the depth of your position. For example, if you're only slightly trapped, take advantage of the rebound to quickly reduce your holdings by half and lock in some profits. If you're deeply trapped, make incremental purchases to lower your cost. When the market turns, you'll quickly get out, provided that you're buying mainstream coins.

The second set: identify the trend direction. Once you confirm a downtrend, decisively cut losses to avoid greater losses. When the market is volatile, if you're trapped, you can wait for the volatility to peak and then sell to make a small profit.

Of course, you can also hold your position, provided that it's in mainstream coins.

Before buying, think clearly about whether you're doing short-term or long-term trading; if you're wrong on the direction for short-term, you face immediate losses. Don't let yourself be trapped in a long-term position!

As an experienced cryptocurrency investor, I’m sharing my insights and experiences. Interested in the crypto world but don't know where to start? Click on my profile to see my introduction and let's witness the moment of miracles together.